Investors urge Foxtons to face up to property market slump Property Estate agency Foxtons has been urged by some of its biggest shareholders to face up to the UK’s struggling property market by pursuing consolidation and halting its dividend. The London-listed firm has faced opposition from its investors on several fronts in recent months, including share buybacks, political donations and takeovers of rival estate agencies. Foxtons [...]
Budget 2026: Households earning over £110,000 locked out of revived Help to Buy scheme Property Households earning more than a combined £110,000 are set to be excluded from the revived Help to Buy scheme, the Autumn Budget confirmed. First-time buyers earning over a combined £110,000 outside London will be locked out of benefiting from the £4.7bn government-backed funding providing equity loans in the Your First Home Scheme, and £140,000 inside [...]
Four in five London homes shed value as mortgage costs soar Property The vast majority of homes in London are losing value, prompting calls for John Healey to cut stamp duty at the Budget later this week. Across the capital and the south east of England, 85 per cent of homes have fallen in the last year, according to property portal Zoopla, compared to 35 per cent [...]
House prices fall faster in London as property market stays ‘subdued’ October 7, 2026 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 October 1, 2026 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 September 16, 2026 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'.