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London house prices

  • Labour’s new towns plan is not the answer to the housing crisis

    May 22, 2024

    Solving the housing crisis means building near where people want to live, not creating white elephants in the middle of nowhere, says Ben Hopkinson Angela Rayner yesterday announced Labour’s plans for the next generation of new towns. Labour are planning to build these developments with high standards of design, quality, affordability, green spaces and infrastructure. [...]

  • Vistry lifts profit outlook and build target on demand for affordable homes

    May 16, 2024

    British housebuilder Vistry is on track to build close to 2,000 more homes than what it built last year. 

  • What is TfL’s Places for London, and is it really tackling the capital’s property crisis?

    May 11, 2024

    TfL's property arm has been designed to generate a steady income for the transport body.

  • Kazakh billionaire offloads Mayfair property for £35m

    May 9, 2024

    A Kazakh oligarch worth an estimated £5bn has sold his London mansion for just shy of £35m in one of the largest deals this year.

  • UK construction activity recovers despite housebuilding struggles

    May 7, 2024

    Of all the sub-sectors, activity in the commercial sector increased at the fastest pace with a score of 53.9.

  • Halifax: House prices stagnate in April as affordability issues push buyers towards flats

    May 7, 2024

    The outlook for the housing market is mixed, although the latest figures from Halifax show prices have been rising.

  • Londoners are working 197 days a year just to pay the rent

    May 7, 2024

    It will take the average Londoner until 16th June to earn enough before tax to cover their annual rent bill. The only way to bring prices down is to build more houses, says Sam Bidwell On average, for the first 125 days of 2024, English renters worked solely to pay their landlord. That’s according to [...]

  • UK house prices drop due to ‘affordability pressures’ and soaring mortgage costs

    May 1, 2024

    Nationwide's latest House Price Index showed that while the cost of property fell month-on-month, the annual rate of change slowed too.

  • Sadiq Khan threatens to use compulsory purchase powers to force ‘Tory town halls’ to build more homes

    April 30, 2024

    Sadiq Khan has accused “Tory town halls” of blocking new homes from being built in London and pledged to crackdown on the issue if re-elected.

  • Reduced notice periods for renters are an open door for party flats

    April 24, 2024

    Renters need more rights, but scrapping minimum tenancy terms would leave landlords unable to stop their properties being used for holiday lets, party flats or worse

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