Where did UK house prices rise fastest in 2024? January 2, 2025 Nationwide's house price index showed that house prices rose 4.7 per cent over the year-to-December. Across 2023 house prices fell 1.8 per cent, according to the building society.
Housing sales end year on a high but fears about mortgage rates linger December 23, 2024 The London housing market has ended 2024 on a high, although buyers remain price-sensitive and concerned about the cost of mortgages. Over 280,000 homes worth £104bn are in the sales pipeline for 2025 – the highest number in four years, according to Zoopla. In another good sign, house prices returned to growth – up 1.9 [...]
Green light for redevelopment of London South Bank’s ‘The Slab’ December 20, 2024 The High Court ruled in favour of former Secretary of State Michael Gove's approval of the redevelopment of London’s South Bank
Landsec buys Liverpool One shopping centre for £490m December 17, 2024 Property giant Landsec has bought a controlling stake of 92 per cent in Liverpool’s biggest shopping destination, Liverpool One, as it looks to build its retail portfolio. It bought the stakes of the Abu Dhabi Investment Authority (Adia), which owned 69 per cent, and Grosvenor, which owned 23 per cent, for £490m. The deal has [...]
1 Undershaft: City approves Square Mile’s tallest tower December 13, 2024 The City of London has approved the planning application of 1 Undershaft, which upon completion, will be the tallest tower in the City while matching the Shard
Wembley Park developer loses over £700m December 9, 2024 The company behind the transformation of Wembley Park in London lost more than £700m during its latest financial year, it has been revealed. Quintain has reported a pre-tax loss of £721.7m for 2023, delayed accounts just filed with Companies House show. The loss comes after the business reported a pre-tax profit of £139.7m in 2022. [...]
City of London approves plans for new skyscraper near Walkie Talkie December 6, 2024 The City of London has approved plans to build a “landmark” 36-storey tower near Liverpool Street. The proposals for the £500m tower, located at 60 Gracechurch Street, were first put forward in April by the UK property developer behind The Shard, Sellar, and Japanese developer Obayashi. The developers had said the construction will start in [...]
Planning reforms have had ‘profound and hugely positive impact’, Berkeley says December 6, 2024 FTSE 100 house builder Berkeley said it was on track to meet its profit targets in 2025 as it announced a new investment strategy to help capitalise on the government’s planning reforms. The government has committed to building 1.5m new homes over the course of the parliament. To meet its target, ministers are consulting on [...]
UK house prices reach record levels with demand set to continue December 6, 2024 House prices have now reached record levels as lower mortgage rates have helped improve buyer confidence for the fifth month in a row. According to the Halifax House Price Index, UK house prices rose 1.3 per cent in November, the biggest increase this year. November’s increase pushed the annual growth rate up 4.8 per cent, [...]
Tyson Fury: Property firm set up by Gypsy King at risk of being shut down December 4, 2024 A company set up by former world heavyweight boxing champion Tyson Fury to buy, sell and lease real estate is at risk of being shut down. Greenwaybalmoral Ltd, which is registered to an address near Lancaster, was established in January 2023 and counts Fury as its sole director. But having failed to file any set [...]