Cash-rich Ukrainians and Chinese swap Mayfair for St Johns Wood – as wealthy crave more space December 4, 2023 Rich tenants are ditching their traditional stomping grounds of Belgravia and heading to the leafier surroundings of St Johns Wood.
House prices to fall further next year as sellers drop prices says Rightmove December 4, 2023 House prices will fall one per cent next year as competition heats up amongst sellers, according to property portal Rightmove.
Soaring rents pose a ‘threat’ to London’s competitiveness as youngsters are priced out December 4, 2023 Soaring rents in London pose a “threat” to the capital’s competitiveness, a number of business groups have warned.
Interactive: Here’s how much rents have gone up where you live as London prices spiral December 1, 2023 Rents have gone up over the past year but more in some areas than most - with London hit particularly hard by increases
UK house prices rise for third successive month as interest rate cut speculation mounts December 1, 2023 Crash? What crash? The latest Nationwide data suggests house prices are on the up
Value of posh pads in London’s richest postcodes falls by £50k November 30, 2023 The value of luxury flats in London’s poshest postcodes has fallen by 6.1 per cent in the last year as the capital’s mega rich put off buying homes amid the cost of living crisis. According to a new report by Investec Wealth & Investment, shared with City A.M., in the last year the average price [...]
London sellers failing to acknowledge the property market has ‘begun rebalancing’ November 28, 2023 Desperate London home sellers have been accepting average discounts of as much as £25k on asking prices as the property market has seized up.
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 [...]
London’s mega wealthy turn to renting amid high interest rates November 24, 2023 London’s ultra wealthy are opting to rent instead of snapping up homes as high interest rates and a tough buyer market have dampened interest.
Why is London’s rental market so crap? November 15, 2023 London’s renting nightmare is not showing any signs of abating. Rents in London jumped at their fastest rate since 2006 in October, rising 6.8 per cent year-on-year up from 6.2 per cent the prior month, according to the latest figures from the Office for National Statistics. The price of a bedroom in a home in [...]