The space economy will not succeed without private ownership September 26, 2025 A space economy based on legal conditions that ban private property – like those of North Korea – will never flourish, says Rainer Zitelmann After the Moon Landing of 1969, manned space travel stagnated for over half a century. The space shuttle was far too expensive and never lived up to expectations. It was only [...]
Huge losses revealed at Purplebricks after takeover September 25, 2025 Online estate agency Purplebricks racked up huge losses in the year it was taken over by Strike, it has been revealed. New accounts filed nine months after the Companies House deadline show the firm’s pre-tax losses went from £19.4m to £37.8m in the year to 31 March 2024. Over the same period, its turnover rose [...]
Government urged to amend the Pension Schemes Bill September 24, 2025 The Association of Investment Companies, (AIC) has voiced its frustration at the incoming Pension Schemes Bill failing to include investment companies. The bill aims to strengthen pension investment by giving government powers to push schemes to invest a percentage of their portfolio in private assets. However, in the drafted legislation which is passing through the [...]
NHG Homes answer your burning questions about Shared Ownership September 24, 2025 Is shared ownership making it easier to buy homes in central London?Government-backed schemes like Shared Ownership are certainly making home ownership much more accessible for many Londoners. With mortgage rates trending downwards, the market is more accessible for many, and Shared Ownership amplifies this further to support that first step onto the property ladder. As [...]
Destination City: The future of London’s financial hub September 24, 2025 Tom Sleigh on the Future of London’s Financial Hub. 1. Tom, it’s been a few months since you’ve taken on your role as Chairman of Planning and Transportation for the City of London Corporation, what has surprised you most about the position? The scale of activity and its positive impact on developer and investor sentiment. [...]
Shared Ownership developers like Peabody are putting community first September 24, 2025 Ever since she moved into Peabody’s Motion development in Leyton, east London, Josephine has made a whole new and unexpected selection of friends. “I tend to spend the majority of my time on the roof terrace,” she says. “It’s massive, we have drinks up there and even hosted a Jubilee rooftop party. In fact, I [...]
Two sisters share their story of moving into a Shared Ownership property with SNG Homes September 24, 2025 Sisters Josephine and Baaba Oppong-Bimpeh moved into SNG Homes’ Icon Shared Ownership development in North London’s Burnt Oak in 2024 We purchased a 25% share of a ninth-floor apartment at Icon for £151,000, meaning we needed just £15,000 for our deposit. Buying through Shared Ownership provided a route onto the property ladder for us. The [...]
Generation ‘locked out of home ownership’ in UK housing crisis September 24, 2025 The ‘stark’ affordability crisis facing Britain’s would-be homeowners is locking a generation out of the market, according to a new report. The research – created by Skipton Building Society in partnership with Oxford Economics – finds 98 per cent of adults living with their parents cannot afford to buy a house in their local area. [...]
Autumn tax hikes would lead to inflation over five per cent ‘well into next year’ September 23, 2025 Food inflation will rise and remain above five per cent well into 2026 if the retail industry is hit by further tax rises at the Autumn Budget, a leading lobby group has warned. The British Retail Consortium (BRC) said that the government risks ‘losing the battle’ against inflation if business rates on large shops rise [...]
Londoners paying £42,700 premium to live near Tube and train stations September 23, 2025 Home buyers in London are paying as much as a £42,700 premium to live close to a train station. According to research from Nationwide Building Society, there is a stark pricing gulf between houses within 500 metres of a station compared to 1,500 metres. Londoners face a significantly higher premium compared to other major urban [...]