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Property

  • Reform fundraiser Nick Candy offloads £270m mansion in ‘biggest sale ever’

    April 2, 2026

    Reform UK’s chief fundraiser Nick Candy has sold his property in Chelsea at a value of around £270m, it has been reported, in what has been dubbed the biggest house sale in history. Candy, the real estate mogul behind One Hyde Park in Knightsbridge, has sold the family home to an unnamed buyer, according to [...]

  • Rightmove accused of ‘bullying’ estate agents in £1.5bn legal battle

    April 1, 2026

    Property giant Rightmove has been accused of “bullying” its members into making payments, as hundreds of estate agents support a £1.5bn legal claim against the firm. The FTSE 100 company has been accused of charging excessive and unfair fees to the estate agents and new home developers that used its property listing portal as part [...]

  • Berkeley shares plummet as it ‘pulls up drawbridge’ and stops buying land 

    April 1, 2026

    Shares in leading housebuilder Berkeley plummeted on Wednesday after it paused housebuilding to protect its balance sheet against an “unprecedented increase in cost and regulation”.  The firm’s share price fell by more than 17 per cent shortly after markets opened, to a decade low, leaving the stock down 28 per cent this year at 2,832p. [...]

  • Family-run construction firms pushed ‘to brink’ by inheritance tax

    April 1, 2026

    Family-run construction firms are being pushed to the brink of insolvency by reforms to inheritance tax which undermine Labour’s housebuilding target, a trade body has warned. Plant-hire firms – which provide machinery and services to the construction sector – are almost always family run and are being forced to scale back by inheritance tax changes, [...]

  • Blackrock mulls a move to HSBC’s Canary Wharf tower

    March 31, 2026

    Blackrock is mulling a move to HSBC’s Canary Wharf skyscraper with the site one of a number of locations viewed by the firm as it scouts for a new London headquarters. The world’s largest asset manager has taken a look at the 8 Canada Square tower, which HSBC is set to vacate next year. But [...]

  • House prices pick up but property outlook remains ‘clouded’

    March 31, 2026

    House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]

  • London developers call for emergency measures in office space squeeze

    March 30, 2026

    The capital’s largest developers have called on the government to introduce emergency measures to solve London’s office space crisis, which risks “constraining” growth. London Property Alliance (LPA) is urging the government to designate offices as critical economic infrastructure to address dwindling supply and boost economic growth. The LPA represents the capital’s largest property developers and [...]

  • Mortgage approvals bounce back after two-year low

    March 30, 2026

    Mortgage approvals have bounced back after slumping to a two-year low last month, suggesting the property market was regaining momentum before the Iran war shocked global markets. The number of approved mortgages for house purchases increased to 62,600 in February, up from the two-year low of 60,200 in January, according to the Bank of England. [...]

  • Housebuying demand falls as Iran war spikes mortgage rates

    March 30, 2026

    Housebuying demand has fallen as Brits take a “wait and see” approach after the Iran war spiked mortgage rates and prompted lenders to take hundreds of deals off the market. Buyer enquiries were 13 per cent lower in March than a year ago, as mortgage rates climbed by an average of 0.4 per cent over [...]

  • How Bishopsgate became London’s Midtown Manhattan for law firms

    March 26, 2026

    If you’ve had the pleasure of visiting a top law firm in London, you might mistake yourself for being in an episode of smash US legal drama (and Duchess of Sussex starring) Suits. Increasingly City firms’ offices have a more American feel to them. In the City of London, it is not just a race [...]

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