House prices fall faster in London as property market stays ‘subdued’ Property House prices in London fell at a faster rate last month, as homeowners in the capital continue to bear the brunt of the property market slowdown caused by the Iran war. The average house price in London fell by 2.2 per cent to £531,548 in the year to September, according to the Lloyds house price [...]
UK house prices fall at fastest rate since May as mortgage rates weigh on demand Property UK house prices fell at their fastest pace since May as expensive mortgages and uncertainty ahead of the Autumn Budget fuelled caution among buyers. Prices fell 0.2 per cent during September, faster than economists had expected and reversing August’s 0.2 per cent increase, according to data from Nationwide. The average UK home was valued at [...]
Winkworth warns on profit citing family boardroom bust-up Legal London estate agent Winkworth has warned on profits for the year ahead, citing the legal costs tied to a boardroom family feud that has led its chief executive to take his father to court. The Aim-listed company, which is one of the UK’s oldest estate agents and specialises in high-end properties in boroughs like Pimlico, [...]
Zoopla bets on house envy as Brits snoop on neighbours’ property prices September 7, 2026 Zoopla, the UK’s second-largest property portal, has cashed in on Brits’ house envy as it pivots towards serving existing homeowners who want to snoop on the value of other people’s homes. New chief executive Paul Whitehead has pushed the property site away from an emphasis on transactions, instead hoping to woo homeowners who use the [...]
House prices fall for first time in three years as borrowing costs weigh on buyers September 7, 2026 House prices fell in the year to August in the first annual decrease in nearly three years, as high borrowing costs cause prospective buyers to “sit tight”. The average UK house price edged down 0.2 per last month to £298,468, according to Lloyds’ house price index. This marks a 0.4 per cent year-on-year fall, the [...]
Mortgage rate hikes cost London homebuyers £35,000 August 27, 2026 The surging mortgage rates caused by the Iran war have forced the average London homebuyer to fork out an extra £35,500 for their deposit. The rising cost of borrowing caused by the Middle East conflict has meant that the average deposit in the UK is £18,400 higher than in January – though costs have risen [...]
Let them build homes near stations, but let them be beautiful too August 18, 2026 Rules to allow thousands of new homes near stations is cause for celebration, but the government must avoid creating 'anywhere developments'.
House prices suffer biggest August slump in eight years August 17, 2026 House prices in the UK have suffered their biggest August drop since 2018, as a usually quiet period for the property market is stifled further by fears of Budget tax rises. The average house price slumped by two per cent this month to £364,999, according to property portal Rightmove. House prices are down one per [...]
Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board August 7, 2026 London estate agent Winkworth has initiated High Court proceedings against its chair, Simon Agace, for an alleged breach of contract after he and his wife attempted to oust the company’s board, including his son, City AM can reveal. The AIM-listed company, which is one of the UK’s oldest estate agents and specialises in high-end properties [...]
Top-end priced UK properties may take four times longer to leave market July 25, 2026 Property sellers in Britain asking for too high a price who have to reduce it to make a sale take four times as long to sell than those listing an accurate initial asking price. According to new research from estate agent Savills, 33 per cent of sales required the asking price to be slashed to [...]