Berkeley shares plummet as it ‘pulls up drawbridge’ and stops buying land Property Shares in leading housebuilder Berkeley plummeted on Wednesday after it paused housebuilding to protect its balance sheet against an “unprecedented increase in cost and regulation”. The firm’s share price fell by more than 17 per cent shortly after markets opened, to a decade low, leaving the stock down 28 per cent this year at 2,832p. [...]
Family-run construction firms pushed ‘to brink’ by inheritance tax Property Family-run construction firms are being pushed to the brink of insolvency by reforms to inheritance tax which undermine Labour’s housebuilding target, a trade body has warned. Plant-hire firms – which provide machinery and services to the construction sector – are almost always family run and are being forced to scale back by inheritance tax changes, [...]
House prices pick up but property outlook remains ‘clouded’ Property House prices picked up in March as the property market gained traction after a slow start to the year, though experts warn the Iran war could “cloud” this momentum. The UK’s house prices rose by 2.2 per cent year on year in March, up from one per cent growth in the year to February, as [...]
Housebuying demand falls as Iran war spikes mortgage rates March 30, 2026 Housebuying demand has fallen as Brits take a “wait and see” approach after the Iran war spiked mortgage rates and prompted lenders to take hundreds of deals off the market. Buyer enquiries were 13 per cent lower in March than a year ago, as mortgage rates climbed by an average of 0.4 per cent over [...]
Four ways to help the HENRYs March 26, 2026 High Earners, Not Rich Yet are being hammered by tax, housing and childcare costs. Here’s how to fix the system so HENRYs don’t just participate in the workforce, but also prosper, says Louis Coke The acronym ‘HENRY’ has been around for a while, and the problem that it encompasses is only getting bigger and bigger [...]
London house prices drop again as market faces fresh headwinds March 25, 2026 House prices in London have fallen for the sixth consecutive month, as the capital’s property market continues to struggle compared to the rest of the country. The average house price in the capital fell by 1.7 per cent in the year to January, up from the 1.2 per cent year-on-year fall in December, according to [...]
Cancel student debt in exchange for first time buyer equity, housebuilders urge government March 24, 2026 Cash-strapped graduates struggling to get on the property ladder should have their debt written off in exchange for giving over a stake of their first home to the government, a new report has urged. The report, backed by more than 50 housing sector bodies including top housebuilders Vistry and Barratt Redrow, proposes offering a discount [...]
Gilt yields – the hidden driver of house prices March 20, 2026 Everyone has assumed, understandably, that the two main factors influencing UK house prices are supply and affordability, but there is a third driver: gilt yields, says James Sproule James Carville, Bill Clinton’s political strategist, famously said if reincarnation was real, he wanted to come back as the bond market, “because then I can intimidate everyone”. [...]
Sluggish economy spooks small housebuilders March 20, 2026 Small and medium (SME) housebuilders are being put off from investing in new projects by the UK’s economy and housing market, according to a new report. As many as 70 per cent of SME building firms said current market conditions are reducing their appetite for starting new sites and a quarter expect to cut back [...]
Third of first-time buyers rely on bank of mum and dad March 18, 2026 Around a third of first-time buyers receive help from family and more than half rely on at least two full-time incomes, as access to first-time home ownership has collapsed this century. As many as 52 per cent of first-time buyers now rely on at least two incomes, up from just 40 per cent in the [...]