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Property

  • ‘Rip off’: Brits spent eight times their salary buying a home – and in London it’s much worse

    March 25, 2024

    Brits in full time work spent over eight times their annual earnings buying a home last year, and London dwellers are being hit the hardest. 

  • For sale: Mansion where Jacob Rees-Mogg grew up hits the market

    March 25, 2024

    The mansion where Jacob Rees-Mogg grew up has been put up for sale for the third time in almost four years.

  • Henry Boot ups dividend as developer optimistic about UK property market

    March 25, 2024

    Property developer Henry Boot has increased its dividend for the year as the firm remains hopeful about green shoots in the UK’s property market. 

  • IMF: China must ‘reinvent itself’ to boost shaky economy

    March 24, 2024

    China needs to take "decisive" steps to fix its struggling housing market and address its rising government debt, the IMF's chief has said.

  • It’s not just the BT Tower: London’s property developers look to turn offices into hotels 

    March 23, 2024

    Over a quarter of office sales made in the year to March have been from buyers who wish to turn the buildings into hotels, offering a lifeline for London’s downtrodden commercial property market.

  • Lights Out! City to be plunged into darkness on Saturday to raise awareness for climate change

    March 21, 2024

    The City will be plunged into darkness on Saturday as some of the capital's most iconic landmarks turn off their lights to raise awareness for climate change.

  • House prices show stability despite higher interest rates, but rents continue to surge

    March 20, 2024

    The average price of a home was £2,000 cheaper in January when compared to the exact same period the year before, according to new government figures.

  • Home REIT: Serious Fraud Office probing whether fund managers misled the market

    March 20, 2024

    The Serious Fraud Office has opened inquiries into the scandal-hit social housing firm Home REIT and is probing whether its former fund managers misled the market, City A.M. has learned.

  • London rents: Good news – historically high rates are only going up a little bit

    March 20, 2024

    The rate at which rental costs are rising have slowed, but prices still remain at their most expensive when compared to earnings in over a decade, according to a new report by Zoopla.

  • 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.

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