UK house prices stagnated in June, Halifax index finds July 7, 2025 UK house prices were stagnant in June with average prices flatlining at £296,665, according to the latest Halifax data. Despite a 0.3 per cent drop from April to May, the average UK house price was still 2.5 per cent higher than it was in June of last year. Properties in London saw a rise of [...]
Rachel Reeves’ cash ISA plans would ‘choke mortgages’ July 3, 2025 Rachel Reeves’ plans to slash the tax-free cash ISA allowance “would be effectively choking mortgage availability” for those who need them the most, a building society’s CEO has said. Darlington Building Society was reacting to the news that the Chancellor is set to announce a lowering of the current £20,000 cap that savers are allowed [...]
Bill Shankly’s grandson opens Liverpool hotel in Titanic landmark July 3, 2025 The grandson of legendary Liverpool football manager Bill Shankly has opened a hotel in Liverpool based in the former headquarters of White Star Line – the company which owned the Titanic. Christopher Carline and his business partner Brian Gamble have launched the White Star Line Hotel in Albion House, a grade II*-listed building which has [...]
Lords blast Renters’ Rights Bill: ‘The government is not listening’ July 2, 2025 Peers in the House of Lords have clashed with the goverment’s Renters Right Bill, arguing that the Commons hasn’t listened to their concerns about fixed-term contracts, student housing or holiday lets. The bill, which aims to rebalance the relationship between landlords and tenants, began its third reading in the House of Lords on July 1. [...]
Berkeley, Persimmon and Barratt hit by house price slowdown July 1, 2025 Weak growth in UK house prices has hit the shares of the UK leading listed homebuilders, with pundits concerned that a demand for private housing will prevent the government from reaching its ambitious housing goals. Berkeley’s share price has dropped by more than eight per cent in the past month and Persimmon is down four [...]
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 [...]