House prices fall again as property market ‘deteriorates’ Property House prices fell again in May as the mortgage rate hikes and surging energy bills caused by the Iran war continued to take their toll on the UK’s fragile property market. The UK’s average house price fell by 0.6 per cent to £278,024 in May, compared to 0.4 per cent growth in April, according to [...]
House prices rise in April as market proves ‘remarkable resilience’ Property House prices made a surprise jump in April, as the “remarkable resilience” of the UK’s housing market trumped the hit to consumer confidence caused by the Iran war. Annual house price growth in the UK climbed to three per cent last month, up from 2.2 per cent in March. National house prices grew by 0.4 [...]
London house prices jump by £3k as market slows Property The average asking price of a home in Britain rose by nearly £3,000 in April, but London’s property market is showing clear signs of strain as higher mortgage rates and a surge in supply curb momentum. New figures from Rightmove show asking prices increased by 0.8 per cent month on month to £373,971, a £2,929 [...]
House prices rise as property market builds momentum March 6, 2026 House prices grew 1.3 per cent year on year to February, in the strongest growth in four months, as the property market continues its steady start to the year. Prices rose by 0.3 per cent between January and February, with the average UK property price at a new high of £301,151, according to Halifax’s house [...]
Third of London homes cheaper to buy than to rent as prices fall February 25, 2026 More than a third of London homes are now cheaper to buy than to rent as house prices in the capital shrunk in the last year. The proportion of London houses which are cheaper to buy with a mortgage has doubled since last year, from 18 to 36 per cent, while still lower than the [...]
Why are London’s house sellers losing money? January 17, 2026 London’s housing market is known for offering vast mansions and leafy avenues to wealthy buyers from across the world. So why are more sellers in the capital suffering losses than anywhere in the country? It is London’s most affluent and sought-after locations where the profitability of home-selling is taking the biggest hit, with Chelsea and [...]
Gary’s Economics predictions are unravelling January 15, 2026 The new year is a great time to check whether past predictions have stood the test of time. So I revisited the forecasts of one of London’s better-known economic sooth-sayers, Gary Stevenson, known to you and me as Gary’s Economics thanks to his viral Youtube channel. Two years ago, almost to the day, Gary released [...]
Housing market ended 2025 on ‘softer note’ after ‘resilient’ year January 2, 2026 The UK housing market rounded off 2025 on a softer note after remaining “resilient” through a volatile year, according to Nationwide’s latest house price index. Annual house price growth slowed to 0.6 per cent in December from 1.8 per cent in November, with a 0.4 per cent fall in prices. This took the average UK [...]
Housing market set for ‘return to normality’ after year of uncertainty December 16, 2025 UK house prices have dropped around £2,000 in the last year despite improved access to mortgages and lower interest rates. The average price of a home in the four weeks to 6 December was £358,138, which is 0.6 per cent ( £2,059) lower than the same period a year ago, according to Rightmove. Last year, meanwhile, house [...]
Average Brit would need lifetime of earnings to become wealthy October 8, 2025 The average British worker would need to save more than a lifetime’s worth of earnings to become wealthy, fresh analysis has revealed. The ever-widening wealth gap means it would take £1.3m – around 52 years’ worth of average earnings – to jump from the middle to the top of wealth distribution. This is over a [...]