House prices suffer biggest August slump in eight years August 17, 2026 House prices in the UK have suffered their biggest August drop since 2018, as a usually quiet period for the property market is stifled further by fears of Budget tax rises. The average house price slumped by two per cent this month to £364,999, according to property portal Rightmove. House prices are down one per [...]
Winkworth delays legal drama for a month after family feud August 12, 2026 The family which runs City estate agent Winkworth has agreed to halt its legal spat for at least a month after chair Simon Agace and his wife tried to oust the company’s board, including Agace’s son. The AIM-listed company, run by chief executive Dominic Agace, launched legal proceedings against its chair last week after he [...]
Housebuilder Bellway calls for ‘immediate’ cut to stamp duty August 11, 2026 Housebuilder Bellway has called on the government to slash stamp duty immediately and roll out a first-time buyer scheme to revive Britain’s flagging housing industry. The FTSE 250 firm said on Tuesday that housing demand has been hammered by last year’s pre-Budget speculation and the recent rising mortgage rates triggered by the Iran war. Jason [...]
Vistry shares slide after Allianz ‘cuts insurance cover’ August 10, 2026 Shares in Vistry fell on Monday morning after speculation over its insurance cover prompted fresh fears that the housebuilder is facing cash struggles. The FTSE 250 housebuilder saw its stock slide by nearly eight per cent to 261p in early trading, meaning the firm has shed more than half of its market value in the [...]
PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move August 7, 2026 The current headquarters of Big Four giant PwC at 1 Embankment Place is set to be transformed into a “sustainable workspace” in a bid to attract and retain major firms as renters, as it awaits planning permission. City-based property and asset management firm Bridgemont said on Friday it has submitted a planning application to Westminster [...]
Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board August 7, 2026 London estate agent Winkworth has initiated High Court proceedings against its chair, Simon Agace, for an alleged breach of contract after he and his wife attempted to oust the company’s board, including his son, City AM can reveal. The AIM-listed company, which is one of the UK’s oldest estate agents and specialises in high-end properties [...]
Manchester billionaire tables £583m offer for property developer Harworth August 6, 2026 Billionaire-owned Peel Group has tabled a £583m offer for Harworth as the property developer is poised to become the latest firm to exit the London Stock Exchange. The offer of 172.5p per share represents a premium of 20.1 per cent compared to Harworth’s closing share price yesterday and a 36.9 per cent premium above the [...]
‘Grinding it out’: Ibstock swings to loss and cuts dividend amid building slump August 5, 2026 One of the UK’s biggest brickmakers has bemoaned a ‘challenging’ housebuilding market as it slashed its dividend and swung to a loss. Leicestershire-based Ibstock, which is London’s second most shorted stock with a reported short interest of 12.9 per cent, posted a loss of £27m for the first six months of the year, down from [...]
FTSE 100 Segro agrees to £14bn takeover by Prologis August 4, 2026 FTSE 100 property firm Segro has agreed to a £14bn takeover by Prologis, bringing an end to a long tussle between the two real estate giants and striking another blow to the London Stock Exchange. The US-based commercial landowner said on Tuesday that it has reached an agreement with Segro’s board which values the British [...]
Housebuilder shares rally on Iran war peace hopes and help-to-buy revival August 3, 2026 Shares in leading London’s listed housebuilders jumped on Monday as investors bet a potential Iran war peace deal and a mooted new help-to-buy scheme would provide a boon to Britain’s flagging property market. FTSE-100-listed Persimmon jumped more than four per cent to 1,152 while mid-cap Vistry gained six per cent to 310p on Monday. Analysts [...]