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Property 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 [...]

  • Mortgage approvals bounce back after two-year low

    March 30, 2026

    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. [...]

  • Brits push down house prices to dodge mansion tax

    February 26, 2026

    House sellers are already pushing sale values below £2m in a bid to avoid the coming “mansion tax” on expensive homes.  The high-value council tax surcharge (HVCTS) is not due to be implemented until April 2028 but estate agents Hamptons have found Brits are already taking steps to avoid the levy.  The “mansion tax” charge [...]

  • London property prices: Canary Wharf defies market trends

    February 20, 2026

    Canary Wharf has become a hotspot for prime property in London with the number of homes listed for more than £1m, jumping 40 per cent in 2025 according to our annual Property Index. The index, which analyses listing data from Greater London and the Home Counties, found that 466 properties in the Docklands were listed [...]

  • UK house prices see modest growth amid London slump

    February 18, 2026

    UK house prices ticked up last year, but the London market continued to lag after property tax speculation and high mortgage rates constrained affordability. The average UK house price increased by 2.4 per cent annually in December 2025, slowing from 2.8 per cent growth in the year to November, according to the latest data from [...]

  • Barratt Redrow and MJ Gleeson join house builder call for help: What is going on?

    February 11, 2026

    Over the past few months, a number of house builders have called for help, after positive results were offset by the expectation that the state of the housing market would impact further growth. The builders have chorused the same warning to the government and wider property sector that further buyer recovery and support is needed [...]

  • Retirement option to be scrapped in overhaul of Lifetime ISA

    January 28, 2026

    The government is set to scrap the option to save for retirement in its replacement for the Lifetime ISA. The new savings product will only be available for first time buyers and will no longer pay the government’s 25 per cent bonus on a monthly basis, as part of the Treasury’s bid to simplify the [...]

  • Budget fails to dampen commercial property activity

    January 23, 2026

    Leasing and investment demand for commercial real estate remained high in the last few months of 2025, as the industry swerved Budget uncertainty that rattled the housing market. While growth in demand was slightly tempered by speculation surrounding tax changes, year-on-year figures remained robust among individual spaces. Office space investment demand reported a four per [...]

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