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      London-listed builder exits ‘challenging’ housing sector after property market slowdown

      Construction site with two workers, cranes, building materials, and a building under construction.

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Property market

  • PwC joins the Canary Wharf crowd in major property shake-up

    July 2, 2026

    Big Four giant PwC has picked Canary Wharf for its new UK office, and is set to swallow up 350,000 sq ft in the area in the latest boost to the docklands financial hub. The firm has chosen One Eden in Canary Wharf to be its new office address, a building formerly known as 33 Canada [...]

  • House prices stay flat in June as Iran war fallout continues to weaken the market

    July 1, 2026

    UK house prices were flat in June as the conflict in the Middle East and looming political uncertainty continue to subdue consumer confidence. The average price fell £540 in June, hitting £277,484. This was a slight drop from £278,024 the prior month where prices fell 0.6 per cent, according to the latest Nationwide house price [...]

  • Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

    June 30, 2026

    Seven of Britain’s largest housebuilders are facing a class action lawsuit worth a potential £4.5bn in damages over allegations they overcharged 700,000 buyers of new-build properties. Mark McLaren, former parliamentary and legal affairs manager at consumer group Which?, is planning on launching the claim against FTSE 100 firms Barratt Redrow and Persimmon, FTSE 250 companies [...]

  • House prices jump as property market ‘treads water in rough conditions’

    June 17, 2026

    House prices jumped by 0.7 per cent in April, in signs that the property market is “trading water in rough conditions” as the Iran war spikes mortgage rates. The average UK house price rose to £270,000 from March to April, marking 3.8 per cent year-on-year growth, according to new government statistics. But property experts have [...]

  • House price slump blamed on World Cup and heatwave

    June 15, 2026

    House prices made a surprise drop in June because Brits are too busy watching the World Cup to move home, Rightmove has said.  The average UK house price dropped by 0.6 per cent to £376,191 this month, according to the property portal, marking the biggest June fall in 14 years.  Rightmove said this “unusual” slump [...]

  • London house prices fall as Bank of England rate hikes loom over mortgage market 

    June 5, 2026

    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’

    June 1, 2026

    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?

    May 28, 2026

    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?

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