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house prices

  • Londoners should back Andy Burnham’s property tax reforms – not fear them

    June 26, 2026

    Replacing Stamp Duty and council tax with a proportional property tax will make London’s housing market work better, says Andrew Dixon If a “London tax grab” were on the cards, Londoners would rightly be wary. They already face high rents, high mortgages and some of the largest tax bills in the country. Yet Fairer Share’s Proportional [...]

  • London homeowners should stand up to Burnham’s property tax grab plans

    June 24, 2026

    Andy Burnham has previously a ‘proportional property tax’ which would mean Londoner’s taxes going to pay for leisure centres in the North, says Charles Amos When it comes to the question of Britain’s most hated tax, council tax is only beaten by inheritance tax. Yet for Andy Burnham its reform and increase of the upper [...]

  • House prices fall again as property market ‘deteriorates’

    June 1, 2026

    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 will fall by two per cent this year – the most since the financial crisis

    June 1, 2026

    House prices will fall by two per cent for the first time since the financial crisis this year, according to Savills, which warned mortgage hikes as a result of the Iran war had “fundamentally changed the outlook for the housing market”. The property giant was forced to revise down its property price forecast for 2026 [...]

  • As it happened: Stocks plummet on latest Iran war tensions; Neets crisis a ‘human tragedy’

    May 28, 2026

    Good morning and welcome back to the City AM liveblog. The US and Iran are back to exchanging fire in a major blow to hopes of peace in the Middle East. Tehran struck an American airbase overnight in its retaliation for the US striking a military site that it said “posed a threat to US forces [...]

  • Housing market ‘still in grip’ of Iran war slump

    May 14, 2026

    The UK housing market is “still in the grip” of an Iran war slump as higher mortgage rates and inflation fears weigh on buyer and seller demand. Brits are still holding back on buying homes as average house prices slip further, a market survey by the Royal Institution of Chartered Surveyors (RICS) has revealed. The [...]

  • London’s prime property market isn’t collapsing

    May 12, 2026

    Contrary to popular belief, London's prime property market isn't failing. But it is fundamentally changing, writes David Austin.

  • Rightmove reveals fixed-rate mortgages back over 5 per cent as house prices slip again

    May 8, 2026

    Average house price down to to £299,313 in April from £299,609 the month before A closely-watched survey from one of the UK’s biggest home loan providers has found that house prices slipped again last month. The Halifax said the prospect of higher bills at a time of rising inflation was a factor in the market. [...]

  • House prices rise in April as market proves ‘remarkable resilience’

    May 1, 2026

    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 sink again as wealthiest areas hit

    April 22, 2026

    House prices in London have fallen for the seventh consecutive month, as the capital’s luxury hot spots saw huge slumps in value. House prices dropped more than 12 per cent in Westminster – which includes in-demand areas like Mayfair and Knightsbridge – and 11 per cent in Kensington and Chelsea. The average house price in [...]

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