High interest rates and the election dampened London prime property market July 12, 2024 It was a slow June for London prime property, with transactions down 17 per cent compared to the same month last year. Analysts have blamed the general election for the dip in demand, as buyers waited for certainty and stability before investing in property. “A lot of buyers postponed plans due to a combination of [...]
Barratt: Capacity to build new homes, but not enough land to build on July 10, 2024 Barratt is one of the UK's top builiders, but it has struggled to grow this year.
Is UK housing back on track? London estate agent Winkworth’s sales are on the up July 10, 2024 Winkworth Estate Agents have announced a boost in sales figures after a two years of falling sales amid a tight housing market. The company expects pre-tax profits for the year to be in line with market expectations of £2.4 million, and announced a shareholder dividend of 3p per share to be paid for the second [...]
Housebuilding giants Bellway, Berkeley and Barratt laud Reeves’ planning pledge July 8, 2024 Some of the UK's largest property and housebuilding firms have welcomed the new Labour government's promise to "get Britain building again" with a reintroduction of compulsory housebuilding targets, calling them "hugely encouraging".
Chancellor Rachel Reeves unveils planning reforms to ‘get Britain building again’ July 8, 2024 Chancellor Rachel Reeves has unveiled a raft of planning reforms in a bid to “get Britain building again” in her first major speech at the Treasury.
Planning reform: How Labour wants to get Britain building again July 6, 2024 Labour argues the planning regime acts as a "major brake on economic growth".
Investment in UK student housing climbs 245 per cent to record high July 4, 2024 Investment in the UK's purpose-built student accommodation (PBSA) sector soared to £1.7bn during the first half of the year, according to BNP Paribas, in yet another sign of the real estate class's eye-popping growth.
Election 2024: Thousands of homes ‘lost’ to Airbnb, Labour’s City candidate warns July 2, 2024 Properties that could be “thousands of homes are lost to Airbnbs” in London, Labour’s candidate for the Cities of London and Westminster has warned.
House prices nudge up in “subdued” property market July 1, 2024 House prices rose just 0.2 per cent between May and June this year, as activity in the market remained "fairly subdued".
Election 2024: Home straight for Sunak and Starmer as polling day approaches July 1, 2024 Rishi Sunak and Sir Keir Starmer are set to enter the home straight this week as the general election campaign enters its final few days.