Rental crisis to get worse as earnings ‘won’t keep up’ with London flats April 8, 2024 Rents are likely to continue growing over the coming years, turning a rental crisis into a perma-state in London
Are house prices going to fall? Is this the end of buy-to-let? What’s going on in the housing market? April 7, 2024 The UK property market confounded expectations last year, only falling by two per cent. With rate cults looking likely, will it rally again?
Young ‘upsizers’ drive demand for multi-million-pound homes in Mayfair April 6, 2024 London’s ultra wealthy have remained immune to the downturn in the housing market, with posh-pads in the exclusive neighbourhood of Mayfair now commanding a 50 per cent price premium compared to the rest of prime central London.
House prices: March only slowing property growth, not reversing it April 5, 2024 The price of a home grew by just 0.3 per cent in March, slowing down from a 1.6 per cent rise when compared to the previous month.
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.