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UK housing market

  • Mortgage rate hikes cost London homebuyers £35,000

    Property

    The surging mortgage rates caused by the Iran war have forced the average London homebuyer to fork out an extra £35,500 for their deposit.  The rising cost of borrowing caused by the Middle East conflict has meant that the average deposit in the UK is £18,400 higher than in January – though costs have risen [...]

    Street scene with historic London row houses, parked cars, crosswalk, and a red mailbox under a blue sky
  • 3 reasons co-living is rising in popularity among tenants and investors

    AD

    Co-living accommodation is evolving from a niche option to a popular solution to the UK’s housing challenges as investors step up their investment in the sector. By Jonathan Long The UK’s housing market faces a familiar set of challenges: affordability pressures, a shortage of supply and changing patterns in how people live and work. Against [...]

  • Natwest housing finance chief: Social housing changes lives – I would know

    Opinion

    Behind every discussion about social housing are real people whose lives can be changed by the security of a permanent home, writes Paul Eyre.

    Trellick Tower UK council estate architecture, highlighting its iconic brutalist design against a clear sky backdrop.
  • Property slump hits half of London as prime boroughs lead the decline

    December 23, 2025

    London has a “two-speed” market, as house prices are falling in about half of London’s boroughs, with the most expensive boroughs hit the hardest. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). The data also showed that [...]

  • The Debate: Does the Renters’ Rights Act punish landlords?

    October 29, 2025

    The Renters’ Rights Act has been described as the sector's biggest shakeup in 40 years. Will it punish landlords, or just hold rogue ones to account?

  • Persimmon: Profit jumps as construction activity rises

    August 13, 2025

    Persimmon has reported a double-digit rise in operating profit on increased construction volumes, despite ongoing affordability pressures. The housebuilder told markets this morning that private completions rose seven per cent to 3,987 homes, while total completions rose four per cent to 4,605. It is on track for completions of 11,000-11,500 homes for the full year. [...]

  • Watchdog probe to net £100m from listed housebuilders for affordable schemes

    July 9, 2025

    A probe by the UK’s competition watchdog is likely to result in a collective £100m package from seven housebuilders for affordable housing schemes. The Competition and Markets Authority (CMA) probe, which looked into the anti-competitive practices of seven housing developers – Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry – was launched [...]

  • UK housing market: ‘Not fixed, but less broken’

    June 12, 2025

    Decades of underinvestment, underbuilding and overegulation have clobbered the housing market. The UK is now short about 4.3m homes, with the worst crisis in cities. Labour, which made solving that crisis a central mission of its first year in government, has made tracks to get Britain building again – reforming planning, trying to bridge the [...]

  • Mortgages rates set to fall after Bank of England interest rate cut

    May 9, 2025

    Analysts have predicted that the Bank of England’s decision to reduce interest rates on Thursday will encourage major banks to cut mortgage rates. Lower rates will be a major affordability boost for the UK’s housing market, which continues to price out young buyers unable to rely on financial gifts or savings. “If homebuyers can borrow more, they [...]

  • International buyers shun top end of the London housing market

    April 7, 2025

    The number of international buyers looking to buy London mansions has fallen to its lowest recorded level as stamp duty increases and broader tax changes weigh on housing demand. The proportion of international applicants – or people registering to buy a home – in Great Britain fell to one per cent of all buyers in [...]

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