Crest Nicholson shares drop as housebuilder says it will build 11 per cent fewer homes March 19, 2024 Crest Nicholson has identified defects in construction on four sites completed before 2019, estimated to cost around £15m.
Prime London house prices languish at decade low as wealthy turn to renting March 19, 2024 Prime property prices in the capital have remained at 2014 levels, according to new data, while the market's rental segment sees a boost.
Legal and General mulls multi-million pound sale of housing arm Cala March 18, 2024 Legal and General is drawing up plans to sell Cala Group, one of the UK’s biggest house building groups, which it has owned for the past six years.
Gove says London being ‘let down’ as probe launched into Khan’s housing strategy March 18, 2024 Housing secretary Michael Gove said Londoners are being “let down” by the Mayor’s “chronic under delivery” of new homes, as he launches a probe into Sadiq Khan's housing strategy.
Marshalls bearish as timeline for housebuilding recovery malaise extends March 18, 2024 The company's newly-minted chief executive is expecting a slower return to recovery than predicted
British Land and Royal London ink joint venture for former Meta HQ in Euston March 18, 2024 Facebook owner Meta exited its corporate lease in the building in September last year.
House prices reach highest level in 10 months in March March 18, 2024 Green shoots continue to emerge in the property market as March welcomes the highest rise in house prices in 10 months.
The best way to bring house prices down is to get building March 18, 2024 Crash? What crash? A much-feared slowdown in house prices – due to hit last year – appears to have been more of a speed bump than a full snarl-up, with all the indicators now pointing green once again. That is of course good news for homeowners and will bail a few out of negative equity. [...]
How Westminster planning restrictions will choke off London’s super-prime property boom March 16, 2024 Changes to planning laws made by Westminster Council could see the current boom in super-prime developments shut off and bring a scarcity value to expensive central pads in the next few years. The local authority’s new restrictions, which were adopted in 2021 as part of the borough’s 2019-2040 ‘City Plan’, mean that no new residences [...]
Soho House: Waiting list at private members club and short seller target hits another record March 15, 2024 Soho House, the exclusive private members club, reported a loss of $57m (£44m) in the fourth quarter, but said its wait list is now at an all time high