From deathbed to boardroom: Omaze CEO reveals how flatlining changed him forever July 1, 2025 Matt Pohlson “was supposed to die” when he was born and certainly not hang around long enough to found Omaze, the global juggernaut aiming to revolutionise the high-end property market. Born with a stomach twisted into a knot, Pohlson underwent surgery to save his life – an experience he thought was supposed to happen once [...]
Landlords pick Manchester over London for higher returns June 30, 2025 Manchester has surpassed London in terms of the best yields for landlords, despite the former having a much lower average rent. London ranked fifth in a survey of rental yields, with the average annual return on investment in the capital at just 2.25 per cent, versus 4.21 per cent in Manchester, according to specialist property litigation [...]
Rayner urged to reform landlord fees in Renters’ Rights Bill June 30, 2025 Deputy Prime Minister Angela Rayner has been urged to reform high landlords’ fees in the upcoming Renters’ Rights Bill to help balance the market. In a letter to the Housing Secretary, lettings and property management agent Hello Neighbour said that landlords were being charged £2bn in London alone in “excessive fees”. These fees are related to exit [...]
House sales keep increasing but price inflation slows June 30, 2025 Housing market activity has continued at its fastest rate for four years, although with plenty of choice available, house prices are under pressure, according to Zoopla’s latest house price update. Prices grew by 1.4 per cent year on year in May, according to Zoopla’s latest house price index. “There is plenty of demand to buy [...]
Berkeley notes rising demand for new homes as profit drops June 20, 2025 Housebuilder Berkeley has stated that it is ‘fully aligned with’ and ‘committed to’ the government’s ambitious housing agenda, despite a decline in annual profit. The FTSE 250 company told markets this morning that its profit before tax fell 5.1 per cent in the last financial year, from £557.3m to £528.9m. Its operating margin improved from [...]
Saudi Arabia’s Real Estate Surge: NHC Takes the Lead June 19, 2025 Mr. Mohammed Albuty, CEO of the National Housing Company (NHC), affirmed that Saudi Arabia is undergoing a significant transformation in the real estate sector, driven by the objectives of Saudi Vision 2030. He emphasised that NHC is at the forefront of this transformation as the region’s largest real estate developer and the executive arm of [...]
Number of UK homes worth more than a million has doubled since 2019 June 19, 2025 The number of homes in the UK priced at £1m or above has doubled since the start of the pandemic as the housing market continues its upward march. Just over five per cent of homes for sale across the UK are now priced at over a million pounds, versus just under three per cent in [...]
House prices slump in April: ‘Supply is beginning to outweigh demand’ June 18, 2025 UK house prices fell in April as affordability issues constrain demand following the end of the stamp duty holiday in March. House prices fell 2.7 per cent month on month in April, according to the Office for National Statistics (ONS). Prices increased by 3.5 per cent to £265,000 in the 12 months to April 2025, [...]
Sale Sharks tycoon Simon Orange buys steel giant June 17, 2025 The co-owner of rugby union side Sale Sharks, Simon Orange, has bought the UK’s second-largest steel contractor just a few months after selling his investment business in a deal worth more than £1bn. Self-made millionaire Orange, whose brother Jason was an original member of Take That, has snapped up a majority stake in Greater Manchester-based [...]
Knights Templar-inspired office building gets green light June 17, 2025 Plans to build a mixed-use office scheme in Holborn on the site of the former Knights Templar Church have been approved by the City of London Corporation. The new building will replace the existing Holborn Gate, Heron House and 44 Southampton Buildings on Chancery Lane. It will include a 300-person capacity immersive auditorium as well [...]