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Property

  • Landlords have just under six months to prepare for the Renters’ Right Bill

    November 13, 2025

    The government has set a date for the commencement of the Renters’ Rights Bill, with landlords given just under six months to prepare for the wide-ranging changes. The bill, which will remove so-called no-fault evictions, strengthen tenant protections and digitalise the sector, promises to shake up the market for both landlords and tenants – with [...]

  • Rightmove faces £1bn legal action over ‘unfair’ fees to estate agents

    November 13, 2025

    A legal claim estimated at £1bn is in the works against property portal Rightmove, accusing the company of charging thousands of UK estate agents excessive and unfair prices to list properties. The legal action, led by former Competition and Markets Authority (CMA) panel member Jeremy Newman, along with a team of lawyers at Scott+Scott UK [...]

  • Persimmon makes progress despite Budget uncertainty

    November 13, 2025

    London-listed housebuilder Persimmon has made steady progress this year, despite a variety of macroeconomic headwinds. Forward sales have risen 15 per cent since July 1 to £2.79bn, with three-quarters of forward sales being private. Just over four-fifths of Persimmon’s expected private house deliveries have already been exchanged or completed, it said. “Progress has been achieved [...]

  • Robert De Niro: Nobu reveals major London plans amid UK push

    November 13, 2025

    Robert De Niro’s hospitality brand is open to considering new luxury residences in London after the success of its restaurants and hotel, the firm’s co-founders have exclusively told City PM. Nobu Hospitality first launched in London in 1997 with a restaurant at Old Park Lane. That was followed by a hotel and restaurant in Portman [...]

  • Housing market slump ‘compounded’ by Budget fears

    November 13, 2025

    The housing market suffered from a six-month low in demand amid caution from consumers ahead of the upcoming Budget, a survey has shown.  Buyer demand, sales activity and new instructions fell into negative territory over October in a monthly survey conducted by the Royal Institution of Chartered Surveyors (Rics).  Property professionals blamed fears around the [...]

  • Taylor Wimpey shares slump as boss blasts Budget uncertainty

    November 12, 2025

    The boss of Taylor Wimpey has blamed weak market conditions that hit the firm’s bottom line on the uncertainty surrounding the forthcoming Budget. Jennie Daly, chief executive of the housebuilder, said: “Market conditions remain challenging, impacted by uncertainty ahead of the upcoming UK Budget and continued affordability pressures.” Shares in Taylor Wimpey were down over 3.5 [...]

  • Tallest skyscraper outside London approved in £1bn project

    November 6, 2025

    A £1bn project which will see the tallest UK skyscraper outside of London constructed in Greater Manchester has been approved. Developer Henley Investment Management has secured permission from Salford City Council for its scheme at Regent Retail Park in Ordsall Lane. The proposals include a 78-storey tower which, at 895ft (272m) tall, will be the [...]

  • London house price growth to lag behind rest of UK until at least 2030

    November 5, 2025

    The capacity for house prices growing in London over the next five years is limited, according to property giant Savills, while Scottish and Northern prices are set to soar. By 2030, prices in the North West of England are expected to rise nearly a third to sit just 15 per cent below the UK average, [...]

  • Four in 10 Londoners ‘ready to quit capital’ over housing costs

    November 5, 2025

    Nearly half of the capital’s 25-45 year olds are ready to leave over unsustainably expensive housing, according to a new study. In fact, two in three are regularly borrowing money to pay housing costs, most commonly turning to credit cards, payday loans and family support, according to a new report from Pocket Living. “The pressures [...]

  • ‘Urgent and consistent’ policies needed to revive SME housebuilding

    November 4, 2025

    The government must fix the ‘overly complex, costly, and slow’ operating environment for small and medium construction companies to unlock housebuilding, according to a new report. Delivery of new homes could be increased by up to 56 per cent – 100,000 properties a year – if barriers to building are removed, according to the State [...]

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