House prices stay flat in June as Iran war fallout continues to weaken the market July 1, 2026 UK house prices were flat in June as the conflict in the Middle East and looming political uncertainty continue to subdue consumer confidence. The average price fell £540 in June, hitting £277,484. This was a slight drop from £278,024 the prior month where prices fell 0.6 per cent, according to the latest Nationwide house price [...]
Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers June 30, 2026 Seven of Britain’s largest housebuilders are facing a class action lawsuit worth a potential £4.5bn in damages over allegations they overcharged 700,000 buyers of new-build properties. Mark McLaren, former parliamentary and legal affairs manager at consumer group Which?, is planning on launching the claim against FTSE 100 firms Barratt Redrow and Persimmon, FTSE 250 companies [...]
Barclays splashes £750m on Canary Wharf base in ‘strong endorsement’ of London June 30, 2026 Barclays has taken control of its global headquarters based out of Canary Wharf in a £750m deal hailed as a “strong endorsement” of the financial district and the capital itself. The blue-chip lender has entered a long-term leasehold interest agreement with Canary Wharf Group that grants the bank to use the property – based at [...]
‘Anti-growth’: Labour blocks City of London skyscraper plans June 29, 2026 The government has been branded “anti-growth” by the City of London Corporation after a minister blocked plans to build tall buildings near the Tower of London. In a letter to planning chiefs, the housing minister Matthew Pennycock said the authority for the Square Mile should not be able to go ahead with its skyscraper plans [...]
‘Great shame’: Berkeley challenges blocked Peckham development June 26, 2026 Berkeley has launched a bid to push through its 850-home development at a “run down” Peckham shopping centre, slamming the council for its “spectacular failure” to meet housing targets. The FTSE 250 housebuilder has applied for a judicial review of the planning inspectorate’s decision to block the plans, which it says wrongly put heritage concerns [...]
Wimbledon property market drops ball ahead of Grand Slam June 25, 2026 Wimbledon’s property market has suffered an unforced error ahead of next month’s Grand Slam, as house prices slip in spite of the world-renowned tournament. Home to the world’s most prestigious tennis tournament, prices in the south-west suburb have fallen by almost 12 per cent over the last year, according to research conducted by independent estate [...]
Berkeley warns of London housing slowdown in call for ‘political leadership’ from Burnham June 24, 2026 Berkeley has called for “strong political leadership” on housebuilding from potential Prime Minister Andy Burnham as it warned that London is on course to miss its housing targets. The capital’s biggest housebuilder issued a swathe of demands to policymakers, warning that there is “no prospect of material improvement” on housebuilding “without more decisive intervention” from [...]
If the advice is free, who is really paying for it? June 22, 2026 There is an old line from Silicon Valley: If you’re not paying for the product, you are the product. It was originally used to describe the internet economy. Free search. Free social media. Free platforms. Free tools. Services that appeared to cost the user nothing, but were monetised elsewhere through advertising, data, attention or influence. [...]
House prices jump as property market ‘treads water in rough conditions’ June 17, 2026 House prices jumped by 0.7 per cent in April, in signs that the property market is “trading water in rough conditions” as the Iran war spikes mortgage rates. The average UK house price rose to £270,000 from March to April, marking 3.8 per cent year-on-year growth, according to new government statistics. But property experts have [...]
Nationwide fires starting gun on mortgage deals ahead of interest rate decision June 16, 2026 Nationwide has slashed its mortgage rates for the second time in the space of a week, ahead of the Bank of England’s interest rate decision on Thursday. The building society has taken the chop to its home loan prices, with a 0.28 percentage-point reduction. It follows a 0.12 cut on 10 June. The move comes [...]