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Property
Business

Property slowdown seen as red flag for sector amid mortgage crisis

The monthly pace of house price growth slowed for the first time since July 202

Business

London defies doomsters with house price surge

Resilience of the London property market has defied the naysayers for decades

Business

UK property business Grainger pledges responsible rent for tenants

Affordability in harsh economic times remains ‘central consideration’ for residential landlord 

Business

Countryside accepts lower offer as housing market cools

In June, Countryside rejected an unsolicited offer from Inclusive Capital that valued the firm at £1.5 billion

Business

London house prices set to rise another £27,000 this year

The City of London will see a £41,519 jump in average property values, while prices in Camden will grow by £41,493

Business

Flight to suburbs and beyond now looks a bit bumpy

Londoners who searched for post-pandemic home counties good life may come unstuck

Business

Rich buyers will sustain London’s prime housing market, says Savills

The average price of a property sold by the group grew 16% to hit £2.2 million.

Business

Soho celebrity haunt the Groucho Club bought by developer Artfarm

Famous members have included Noel Gallagher, Lily Allen and Rachel Weisz

Business

Housebuilding boom continues as Bellway reports revenue leap

Completions increased 10.5% to a record 11,198 homes across year

Business

Travis Perkins boss slams government housing policy

Housebuilding in the UK was failing to keep up with demand, CFO Alan Williams said, while the government has so far failed to deliver on its pledge of building more hospitals.

Business

OnTheMarket CFO Beattie steps down from property site

He had briefly held the position of interim boss at the business

Business

Foxtons ups sales staff 10% as properties return to London market

High-end estate agency cited end of stamp duty holiday for first half sales dip

Business

House prices hit sixth consecutive record as property crisis bites

Rightmove predicts markets could start to ease with an introduction of new sellers

Business

First strong signs of slowdown in housing market

New buyer enquiries drop and interest rates are bound to increase

Business

London house purchase enquiries up despite national downturn

Lack of new stock continues to hamper activity, says Royal Institute of Chartered Surveyors (RICS)

Business

London rents reach record highs as rest of country follows suit

Rightmove reveals average monthly asking price in capital now £2,257

Business

UK has already hit ‘stage three’ of a property downturn

The PM is still extolling benefits of 95% mortgages turning generation rent to generation buy

Business

Top of central London property market hit by foreign buyer no show

London estate agency Savills says prime buyer bounceback slower than expected

Business

Demolition contracts were ‘rigged’ through ‘illegal cartel agreements’

Competition and Markets Authority uncovers ten construction firms colluded in practice

Business

Capital’s top housebuilder sees demand rebound but warns on supply

Flight from the capital by home buyers ‘has not materialised’

Business

Homeowners and buyers forced into property compromise

Yorkshire Building Society reveals a third of Britons feel trapped in unsuitable properties

Business

Countryside rejects ‘undervalued’ £1.5 billion sale offer

House builder’s CEO departed in January after lacklustre home sales

Business

John Lewis enters landlord space with build-to-rent London locations

West Ealing and Bromley will provide testbed for scheme in addition to Reading

Business

Shelter boss slams PM’s right-to-buy plans as ‘gimmick’

Move will put rapidly shrinking supply of social homes at ‘even greater risk’

Business

Norcros posts record revenues as homeowners upgrade properties

Business is confident of gaining market share even if cost of living softens market

Business

Berkeley appoints former Schroders head Dobson chairman

Replaces current chair Glyn Barker at property developer

Business

Workspace reaches £46.9m profit in offices surge

Business said it would take advantage of the opportunities presented by the Elizabeth line

Business News

Fear of harsher times lies behind property frenzy

First time buyers sense window of cheap money is closing and want to scramble on the ladder

Business News

Chestertons boss Gittins appointed CEO of Foxtons

Estate agent has been faced with investor criticism over lacklustre share growth  

Business News

Building faces ‘perfect storm’ from inflation

Prices of building materials increased by 16% in the first quarter compared to the previous year

Business

WeWork loses $500 million in three months

Co-working pioneer has introduced a more ‘disciplined’ business model

Business

£3.5 billion West End mega-merger gets mixed reception from the City

Merging the two firms could provide a boost to businesses in the West End as the area looks to recovery

Business

‘Frenzy’ in housing market as London prices hit new record high

The average price of a new home in London has risen by 1.9% in April to hit £677,11, according to Rightmove

Business

Singapore buys £694 million Paddington stake

The city-state’s sovereign wealth fund is buying a majority stake in British Land’s Paddington development it bets on the revival of London offices

Business

Canary Wharf 3.0: Paddle boarding, primary schools and jazz festivals

Best known for towering glass offices, the estate’s owners are trying to reinvent the East London area as a residential and arts hub with housing, sports and more. Will it succeed?