Buy-to-let repossessions jump 56 per cent as higher interest rates bite April 3, 2024 The buy-to-let market has been hammered by higher interest rates with lending plummeting and arrears rising, according to new data released by UK Finance.
As Morgan Stanley commits to Canary Wharf is the hub turning a corner? April 3, 2024 Morgan Stanley has agreed to stay in Canary Wharf for another 14 years, in a welcomed boost for the east-London banking district following a string of high profile departures.
Picton Property Income sells £29m London office next to Angel Tube station April 2, 2024 Located a block away from Angel tube station, the office sold for five per cent above its valuation in December and brings in a rental income of £700,000 a year.
House prices fall in March as market continues rates-driven seesaw April 2, 2024 The annual rate of house price growth edged higher to 1.6 per cent in March, from 1.2 per cent in February.
London offices at mainline stations in demand as occupiers seek to commutes April 1, 2024 Offices near mainline stations in London have lower vacancy rates and higher rents than elsewhere in the capital as occupiers look to cut down commutes of their workforce to entice them back to the office.
UK firms move more head office roles outside London amid soaring costs April 1, 2024 UK companies are increasingly moving head-office jobs outside of London, according to new data, amid rising living and housing costs in the capital.
UK property market shows steady signs of improvement as sales rise in February March 28, 2024 Green shoots continue to emerge in the property market as the number of house sales grows by a steady one per cent month-on-month in February.
London house prices: Desperate sellers knock £20k off asking prices March 28, 2024 London home sellers are shaving £19,500 pounds off the asking price to achieve a sale, according to the latest report from Zoopla.
London homeowners saving less money as gap between renting and buying narrows March 27, 2024 In London, the monthly difference between renting and buying is just one per cent. Buyers in the capital save £12 a month compared to their lodging counterparts.
Bellway reports signs of life in the housing market as buyers return in February March 26, 2024 Shares in Bellway are down in early trade after the housebuilder revealed a fall in housing completions and profits during the interim.