Mortgage approvals bounce back after two-year low Property Mortgage approvals have bounced back after slumping to a two-year low last month, suggesting the property market was regaining momentum before the Iran war shocked global markets. The number of approved mortgages for house purchases increased to 62,600 in February, up from the two-year low of 60,200 in January, according to the Bank of England. [...]
Third of first-time buyers rely on bank of mum and dad Property Around a third of first-time buyers receive help from family and more than half rely on at least two full-time incomes, as access to first-time home ownership has collapsed this century. As many as 52 per cent of first-time buyers now rely on at least two incomes, up from just 40 per cent in the [...]
Housing market struggles for momentum as Iran war looms Property The UK housing market is struggling for momentum as uncertainty caused by the Iran war prompts banks to hike mortgage rates and pull deals. New buyer inquiries weakened in February as 26 per cent of property professionals reported a fall in interest, up from 15 per cent in January, according to the Royal Institution of [...]
Microsoft hops on Lizzie line in search for new London HQ February 25, 2026 Microsoft has hopped on the Elizabeth Line in its search for a new London headquarters, with the US tech giant eyeing up Paddington and Canary Wharf as potential homes. The tech firm needs upwards of 200,000 sq ft from its new office and is seeking advice from CBRE, according to the Financial Times. Office space [...]
How London fell back in love with the office February 7, 2026 With workplace leasing enjoying a major post-pandemic bounceback, it's clear that, once again, the office is seen as critical to success.
Wealthy London boroughs see house prices plummet amid Budget speculation January 21, 2026 Inner London house prices plummeted at their fastest pace since the global financial crisis in November, after property taxes speculation in the lead up to the Autumn Budget and affordability constraints damaged market activity. The 4.6 per cent year on year drop of house prices in the capital in November followed a 4.3 per cent [...]
Knight Frank appointed for bumper Brighton Palace Pier sale January 2, 2026 Knight Frank has been instructed on the sale of Brighton Palace Pier, two months after the Grade II-listed landmark’s owners revealed their plans to offload the amusement park amid a barrage of economic headwinds. The Brighton Pier Group appointed the property giant to seek a buyer for the coastal attraction, which its operator said in [...]
One in ten UK homes cut asking price in July August 28, 2025 One in ten UK homes registered a cut to the asking price in July, well above the five-year average, as sellers continue to adjust to a buyers market. Average house prices rose by just 1.3 per cent in the year to July, below the 2.1 price growth recorded at the start of 2025, according to Zoopla’s [...]
Is it high time to buy in super-prime London? July 15, 2025 London’s super-prime market has been suffering from a glut of supply in the wake of damaging decision-making from successive governments. Ali Lyon asks, is the tide beginning to turn? To take a walk down Mayfair’s historic Upper Grosvenor Street is to be confronted by a quiet, but dramatic, changing-of-the-guard afoot in one of London’s most [...]
Millionaires on the move? Britain can’t afford this wealth flight. June 24, 2025 All around the world, money is on the move. Millionaire migration might seem like a niche narrative, but it sparks serious debate and can lead to major policy changes. No individual dataset can be taken as flawless, but a number of different sources can be pooled that, taken together, paint a picture of where wealth [...]