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Housing crisis

  • How the housing crisis is killing romance

    August 26, 2025

    Young couples are increasingly finding buying a house a bigger barrier to adulthood than getting married, says Emma Revell As bank holiday weekends ago, spending one in the gorgeous late August sun celebrating the wedding of two close friends is definitely up there. Weddings, along with buying a home and becoming a parent, are one [...]

  • Rental crisis in London worsens: ‘Payments border on the obscene’

    August 18, 2025

    Rents in London are taking up a larger portion of tenants’ earnings again after three years of improvements. Private renters on a median household income in the capital paid 41.6 per cent of their earnings on rent last year, up from 38 per cent in 2023 and the highest figure since 2021. The cost of [...]

  • Think tank calls for policy changes to avoid ‘eyesore’ council houses

    August 13, 2025

    A think tank has called for the overhaul of the way local authorities approach council houses to encourage building and avoid ‘eyesore’ houses. Policy Exchange’s report, which is backed by former Labour Housing Secretary Ruth Kelly and ex-Housing Minister Kevin Hollinrake, called for a new national design code for council houses as well as a [...]

  • Average age of first-time buyer in London hits 35

    August 12, 2025

    The average age of Brits buying their first homes has surged over the past two decades as house prices have risen faster than wages. The average age of a first-time buyer in London was 31 in the mid-2000s, but it has since risen to nearly 35, according to new research from Conveyancing Solicitor. Property expert [...]

  • Rent on newly-let homes falls for first time in five years after ‘relentless’ rise

    August 11, 2025

    Average rents on newly-let homes have fallen for the first time in around five years, according to a property firm. Across Britain, the average rent on a newly-let property fell by 0.2 per cent year-on-year in July, marking the first annual decline since August 2020, during the height of the Covid pandemic, Hamptons said. Despite [...]

  • Housebuilders in focus amid Labour’s planning reforms push

    August 10, 2025

    UK housebuilders will be in sharp focus as the sector grapples with construction woes, despite the Government ploughing ahead with plans to stimulate more building. Persimmon and Balfour Beatty will announce their half-year results on Wednesday, and Bellway will provide a trading update on Tuesday. York-based developer Persimmon said in May that forward sales – [...]

  • Over 50s mortgages help LiveMore turbocharge growth

    August 6, 2025

    According to Legal & General Mortgage Services, which is involved in around a third of all mortgage transactions in the UK, there has been a dramatic increase in the number of over-50-year-olds applying for mortgages. Rising house prices, coupled with increasing longevity, have pushed the average age of the first time buyer to 33, with [...]

  • Facing low pay and rising rents, a quarter of young Brits weigh UK exit

    July 29, 2025

    Over a quarter of young Brits are considering leaving the UK to escape the country’s stuttering economy and unaffordable housing market. As many as 28 per cent of 18-30 year-olds are either planning to quit the UK or have seriously considered emigrating, according to a poll from free-market think tank the Adam Smith Institute (ASI). [...]

  • Number of affordable homes started in London plummets

    July 10, 2025

    The number of affordable homes underway in the capital has fallen far short of expectations as tight regulations and cost pressures make sites unviable. The Greater London Authority has so far completed 871 homes under the 2021-2026 Affordable Homes Programme (AHP), according to its annual housing report. This is just over five per cent of [...]

  • Vistry looks to ‘transformative’ government investment as profit drops

    July 10, 2025

    Housebuilder Vistry has reported a sharp drop in profit but expects activity to pick up later in the year as the government’s affordable homes investment filters into the market. Vistry, which unseated Barratt as the UK’s biggest housebuilder last September, told markets that it expects adjusted operating profit to be £125m in the first half [...]

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