Berkeley shares at 12-month high as investors regain confidence in UK’s property market December 4, 2023 Shares in high-end housebuilder Berkeley stand at a 12-month high, as investors are beginning to regain hope in the UK property market after a torrid few months. The FTSE 100 firm is set to post its half year results on Friday, with its cheery outlook boosted by plans by boss Rob Perrins to storm ahead [...]
Interactive: Here’s how much rents have gone up where you live as London prices spiral December 1, 2023 Rents have gone up over the past year but more in some areas than most - with London hit particularly hard by increases
UK house prices rise for third successive month as interest rate cut speculation mounts December 1, 2023 Crash? What crash? The latest Nationwide data suggests house prices are on the up
COP28: Net zero may need City to mobilise ‘trillions of pounds’, Rishi Sunak says December 1, 2023 Transitioning to net zero won’t happen “without mobilising hundreds of billions, if not trillions of pounds” of public and private investment, Rishi Sunak said on route to COP28.
Metro Bank has learned ‘the hard way’ about costly branches, analysts say November 30, 2023 Metro Bank today announced a shift in strategy as it prepares to lay off 20 per cent of staff, considers cutting opening times and tries to simplify its business model to become more cost-efficient.
Property transactions slide 17 per cent in October as hangover from high mortgage rates drags on November 30, 2023 The number of new homes bought in October was 17 per cent lower than the year before, as high mortgage rates during the summer led to lower activity, according to the latest figures from HMRC.
Mortgage approvals are up. Does this mean the housing market is finally recovering? November 29, 2023 The number of mortgage approvals ticked up in October, new data has revealed. Is this a sign the housing market is recovering?
Household borrowing dips as higher rates ‘percolate’ through UK economy November 29, 2023 Consumer borrowing fell in October in the latest indication that higher interest rates are weighing down on demand in the economy.
London sellers failing to acknowledge the property market has ‘begun rebalancing’ November 28, 2023 Desperate London home sellers have been accepting average discounts of as much as £25k on asking prices as the property market has seized up.
Advertisers bump up spending on Rightmove despite ‘volatile’ housing market November 27, 2023 Advertisers are upping their spend in the battle for eyeballs on housing marketplace Rightmove.