Rachel Reeves: Sir Howard Davies house price remarks ‘out of touch with reality’ January 5, 2024 Rachel Reeves has slammed Natwest chair Sir Howard Davies' comments on the property ladder, saying the City grandee is "out of touch" with the reality of millions of Brits.
Natwest chair says “it’s not that difficult” to buy a house. The data disagrees. January 5, 2024 House prices continue to outpace wage growth but Natwest chair Sir Howard Davies has told youngsters it's "not that difficult" to get on the ladder
Why the London property market will ‘underperform’ as UK house prices rise January 5, 2024 London house price growth will continue to “underperform” in comparison to the rest of the UK, property experts have predicted. Tom Bill, head of UK residential research at Knight Frank, said that buyers “struggling with affordability” will hinder recovery in the capital’s property market. “People were leaving to get more value during the pandemic..and I [...]
House prices rise for third straight month as market readies for 2024 rebound January 5, 2024 The UK housing market continues to beat expectations despite higher interest rates, with fresh figures today showing prices have risen for the third straight month.
Selfridges co-owner’s luxury Alpine villa targeted in row over unpaid taxes: reports January 4, 2024 Austrian real estate tycoon Rene Benko, the co-owner of Selfridges, faces losing his alpine home after tax authorities placed a security on it to cover years of allegedly unpaid taxes.
Mortgage price war set to intensify as Halifax, HSBC lead charge slashing rates January 3, 2024 The new year has kicked off with a mortgage price war, according to brokers, as lenders slash deals to compete for business in a market under pressure from high interest rates.
Housing crisis: Two-thirds of £4.2bn government homes fund remains untouched January 3, 2024 More than two-thirds of a government fund aimed at creating thousands of new homes in the UK remains unspent, despite launching over six years ago.
First-time buyer numbers ‘were lowest in a decade in 2023’ January 2, 2024 The number of first-time buyers who purchased a home with a mortgage in 2023 is estimated to be the lowest in a decade, according to a building society. Yorkshire Building Society calculated that, across the UK, there were around 290,000 first-time buyers in the mortgage market in 2023, shrinking by a fifth (21 per cent) [...]
What will the modern office look like in 2024? January 1, 2024 Offices will become more sustainable next year, a report has predicted, as the commercial property sector continues to undergo a transformation following on from the pandemic. Global architecture and design firm Gensler outlined what trends they expect UK offices to adapt in the new year. Sustainability is key The group said intense weather and climate [...]
Thai investor eyes Selfridges expansion amid Signa storm December 31, 2023 Central Group is reportedly eyeing more influence over Selfridges amidst a flurry of financial chaos for co-owner Signa.