Housing in London now classed as unaffordable at every income level September 18, 2025 London housing has been officially classed as unaffordable for every income decile in a ‘pretty grim’ picture of the housing market. New data from the Office for National Statistics (ONS) shows that the average English home costs 7.9 times the average salary. If you live in London, conditions are far worse: Someone earning an average [...]
‘Exhausting’ house buying process damaging the economy, says Santander September 17, 2025 The UK’s outdated house buying process and rate of failed transactions are costing the economy at least £1.5bn a year, one of Britain’s biggest high street banks has warned. According to a report from Santander UK, over half a million failed housing transactions are costing consumers £560m directly, with some costs, including the costs of [...]
A nine-point plan to get London building September 15, 2025 London’s housing delivery has collapsed due to regulatory delays, high costs, and stalled developments, but fast-tracking planning reform and supporting SME housebuilders could unlock thousands of homes, revive derelict sites, and make housing more affordable, says Paul Rickard London, once the UK’s housing and regeneration powerhouse, has seen the delivery of new homes plunge to [...]
Government warned that London housebuilding is on the edge of collapse September 15, 2025 Housing delivery in the capital is in a major crisis and urgent measures must be taken to prevent collapse, according to a new report. Lack of buyer support, as well as excessive bureaucracy and significant planning delays, are “strangling” attempted to deliver desperately-needed new homes, a Home Builders Federation report has found. Neil Jefferson, Chief [...]
Autumn Budget: Rachel Reeves told to scrap ‘not fit for purpose’ Lifetime ISA September 12, 2025 Chancellor Rachel Reeves has been warned that the Lifetime ISA (LISA) is “not fit for purpose and must be reformed” in the Autumn Budget. Tom Goddard, a senior associate at audit, tax and business advisory firm Blick Rothenberg, has argued that the LISA “must be reformed to not conflict with shared ownership schemes”. The LISA [...]
Rents rise at slowest rate for four years, Zoopla warns September 12, 2025 Skyrocketing rents in the UK have given way to a steadier increase as the supply of homes rises and tenant demand falls, according to new figures. Average rents are 2.4 per cent higher than a year ago, the lowest annual rate in four years and less than half of that recorded 12 months ago, Zoopla [...]
This is what quoted companies need to grow September 11, 2025 Despite Tube strikes, the QCA Annual Dinner celebrates UK small and midcap success while urging the government to scrap stamp duty, rethink ISAs, and boost liquidity to strengthen public markets and drive economic growth, says James Ashton It will take more than an irritating Tube strike to stop hundreds of business leaders, their advisers, investors, [...]
Landlords reject idea higher taxes benefit first-time buyers September 11, 2025 The National Residential Landlords Association (NRLA) has rejected analysis by the Joseph Rowntree Foundation (JRF) that suggests tax hikes on the private rented sector have benefited first time-buyers. A report from the JRF has found that reforms introduced by governments from 2016 were “effective in addressing tax imbalances that benefitted landlords over and above ordinary [...]
She championed consumers, but can Lucy Rigby MP steer the City? September 11, 2025 Lawyers, journalists, and Westminster insiders have long dominated the British political system, and this Labour government is no exception, with a former barrister at the helm. Now, the minister responsible for the City has joined the list. But who is Lucy Rigby MP? That was the question on everyone’s lips in the Square Mile. She [...]
Millennials and Gen Z cling to property dream as house prices soar September 8, 2025 Millennials and Gen Z are refusing to give up on their dream of owning a home despite the steep challenges of getting on the property ladder, fresh research has found. Over 35 per cent of Gen Z and 40 per cent of Millennials think that owning a property is the most effective way to grow [...]