Best of opinion 2023: Housing special December 22, 2023 Housing was a hot topic in 2023 – prices may have lowered a little (though by less than expected) but punishing mortgage rates and the impact of inflation have squeezed would-be buyers and sparked a mass landlord exodus. Renters’ rates have rocketed, up around 10 per cent year on year. All in all Londoners are [...]
London leads the way as UK house prices drop again December 20, 2023 House prices fell by 1.2 per cent in October, widening from the 0.6 per cent fall recorded in the prior month, according to the latest reading from the ONS. Buyers who purchased a home in October paid £3,000 less compared to customers in the exact same period last year. During the month the North East [...]
Michael Gove: ‘I love Sadiq Khan and am here to help’, but London mayor may lose planning powers December 19, 2023 Michael Gove has said “I love Sadiq Khan” and told the mayor he is “here to help” as he warned City Hall risked losing planning powers for London.
London rents will cool next year – but tenants won’t be out of the woods yet December 12, 2023 Rents will continue to rise in London next year but at a much slower pace than what has been seen over the past 12 months. London landlords are expected to raise their prices by two per cent in 2024, a substantial decrease when compared to the nine per cent hike which was recorded by property [...]
Britain’s planning system is trapped in a paperwork puzzle December 6, 2023 We know the planning system is over complicated, but if we want to solve it we need to get specific, writes Anna Clarke.
Meet the young professionals abandoning London – and the rental crisis December 4, 2023 A typical weekend for Jack Trimmer used to be spent in busy pubs in South West London. But they tend to look a bit different since he moved back into his parents home in Hampshire a few weeks ago.
Vemi Ventures & Sustainable Human Settlements Foundation: A New Dawn in Ethical Urban Investment December 3, 2023 | Sponsored Grant Rogan, at co-founder of the Sustainable Human Settlements Foundation (SHSF), has recently forged a new collaboration with Vemi Ventures. This partnership, marked by a Letter of Intent, is set to revolutionise how sustainable urban development is financed and executed, pointing to a future where ethical investment is not just a nice-to-have but a necessity. [...]
Mortgage approvals are up. Does this mean the housing market is finally recovering? November 29, 2023 The number of mortgage approvals ticked up in October, new data has revealed. Is this a sign the housing market is recovering?
Michael Gove: Current levels of migration placing pressure on housing crisis November 27, 2023 Michael Gove has said current levels of migration were putting pressure on housing, after last week’s figures showed a huge spike in people coming to this country. The veteran Tory politician and secretary of state for levelling up, housing and communities who previously ran for leadership positions admitted the government hadn’t built enough homes ‘for [...]
Boost for Britain as businesses commit to invest £30bn in UK November 27, 2023 Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain, the government has announced ahead of a major investment summit taking place today.