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Property

  • Horizon 22: Europe’s highest free viewing gallery opens doors next week

    September 20, 2023

    Horizon 22, London's newest and highly anticipated viewing gallery, will open its doors to "welcome and wow" guests next week.

  • UK house prices rise 0.6 per cent in July but London continues pullback

    September 20, 2023

    UK house prices increased by 0.6 per cent on average in the 12 months to July 2023, down from a revised 1.9 per cent in June 2023.

  • Galliford Try raises outlook following bumper year

    September 20, 2023

    Construction firm Galliford Try reported a 12.6 per cent surge in revenues rising up to £1.3bn in its full year results, as the company raises its outlook for the year ahead.  The London-listed firm, which builds everything from flats to roads, said statutory profit before tax also rose 87.7 per cent to £10.1m during the [...]

  • London house prices are falling – these are the boroughs where prices are down the most

    September 19, 2023

    London’s housing market is gearing up for “key selling season” with a reduction in prices, before an uptick in activity is anticipated during the autumn months.  Fresh data in Rightmove’s House Price Index shows there has been an overall monthly seller asking price rise by 0.4 per cent this month, which is 0.2 percent lower [...]

  • London Design District launches flagship building in welcomed boost for capital’s creative sector

    September 18, 2023

    London’s Design District has launched a spectacular new space for smaller businesses at the heart of its Greenwich hub

  • House prices: Third of asking prices knocked down by £20,000

    September 18, 2023

    House prices are still being battered by high mortgage rates, with a third of properties knocked down in price by an average of £22,000

  • Rents rise by £110 a month over last year in latest blow for UK tenants

    September 14, 2023

    The cost of renting a property has risen by £110 a month over the last 12 months, according to the latest damning report about the health of the UK’s housing sector, as shrinking supply in the market continues to pile on misery for tenants.  Rent supply has shrunk 30 per cent below the average for [...]

  • Landlords in wealthy London boroughs feel the pinch as Chinese students ditch UK

    September 13, 2023

    Landlords in wealthy London boroughs are feeling the pinch from international students choosing to study outside the UK, as rents in premium postcodes showed signs of slowing. The average rental value growth in prime central London (PCL) – which includes the likes of Chelsea and Kensington – fell to 12.4 per  in the year to [...]

  • Redrow: Another housebuilder warns on ‘standstill’ market as mortgage rates bite

    September 13, 2023

    Redrow has become the latest housebuilder to be battered by a cratering market as it posts a four per cent slide in profit before tax to £395m in its full year results. 

  • London rent crisis spirals as almost half of UK landlords tried to sell up in last year

    September 12, 2023

    Almost half of UK landlords have tried to sell their property in the last 12 months, as owners look to rid themselves of mortgage pressures in a worrying blow for renters. In a survey which quizzed both landlords and estate agents – conducted by lettings platform Goodlord – some 77.5 per cent of respondents in [...]

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