London house prices fall as Bank of England rate hikes loom over mortgage market Property Fresh insight into the UK’s lacklustre housing market revealed price declines for London and the South East on Friday, while the overall national rate of increase halved for May The closely-watched Halifax House Price Index was released with mortgage holders and would-be home buyers eyeing interest rate rises from the Bank of England (BOE). The [...]
House prices fall again as property market ‘deteriorates’ Property House prices fell again in May as the mortgage rate hikes and surging energy bills caused by the Iran war continued to take their toll on the UK’s fragile property market. The UK’s average house price fell by 0.6 per cent to £278,024 in May, compared to 0.4 per cent growth in April, according to [...]
Ask the expert: Should I invest instead of buying a home? Personal Finance Fidelity personal financial specialist Marianna Hunt is back on hand to answer your burning questions, and today a reader wants to know whether to take the plunge and buy a property or invest. Q. I’m in my late 20s and have managed to save around £20,000, which I initially thought I’duse as a deposit to [...]
Over half of house moves fall through after an offer is accepted – costing £2bn per year May 21, 2026 More than half of UK house moves fall through after an offer has been accepted, costing the UK £2bn every year in wasted time and fees. Failed house moves could cost the economy £1.97bn per year because around 1.2m residential transactions occur each year and the average fall-through costs buyers and sellers £2,830 in legal [...]
The Debate: Is the Renters’ Rights Act good for London landlords? May 6, 2026 The Renters Rights' Act has completely rewritten the landlord-tenant relationship. But can it benefit both sides?
House prices rise in April as market proves ‘remarkable resilience’ May 1, 2026 House prices made a surprise jump in April, as the “remarkable resilience” of the UK’s housing market trumped the hit to consumer confidence caused by the Iran war. Annual house price growth in the UK climbed to three per cent last month, up from 2.2 per cent in March. National house prices grew by 0.4 [...]
Londoners wait far longer to sell homes as stamp duty weighs on confidence April 29, 2026 The wait for a London house sale is six days longer now than last year, as the capital sees the “greatest impact” from stamp duty and the Iran war’s hit to property confidence. The average time it takes for a house in the capital to be snapped up once it is listed on the market [...]
London house prices sink again as wealthiest areas hit April 22, 2026 House prices in London have fallen for the seventh consecutive month, as the capital’s luxury hot spots saw huge slumps in value. House prices dropped more than 12 per cent in Westminster – which includes in-demand areas like Mayfair and Knightsbridge – and 11 per cent in Kensington and Chelsea. The average house price in [...]
Reform fundraiser Nick Candy offloads £270m mansion in ‘biggest sale ever’ April 2, 2026 Reform UK’s chief fundraiser Nick Candy has sold his property in Chelsea at a value of around £270m, it has been reported, in what has been dubbed the biggest house sale in history. Candy, the real estate mogul behind One Hyde Park in Knightsbridge, has sold the family home to an unnamed buyer, according to [...]
House prices pick up but property outlook remains ‘clouded’ March 31, 2026 House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]