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Property

  • Housing market ‘demonstrating remarkable resilience’ ahead of Autumn Budget

    September 17, 2025

    House prices ticked up in July as Brits still showed a ‘good appetite’ for home ownership despite affordability challenges and uncertainty ahead of the Autumn Budget. Average house prices increased 2.7 per cent to £292,000 in England, two per cent to £209,000 in Wales, and 3.3 per cent to £192,000 in Scotland in the 12 [...]

  • Titanic Quarter sinks further into the red as losses mount

    September 17, 2025

    Losses at a string of companies related to the landmark Titanic Quarter development in Belfast have widened during their latest financial years, new documents show. The companies, which are controlled by businessmen Dermot Desmond and Pat Doherty, are all involved in the development of the 161.5-acre site. Belfast’s Titanic Quarter is home to more than 100 companies with [...]

  • ‘Exhausting’ house buying process damaging the economy, says Santander

    September 17, 2025

    The UK’s outdated house buying process and rate of failed transactions are costing the economy at least £1.5bn a year, one of Britain’s biggest high street banks has warned. According to a report from Santander UK, over half a million failed housing transactions are costing consumers £560m directly, with some costs, including the costs of [...]

  • Government warned that London housebuilding is on the edge of collapse

    September 15, 2025

    Housing delivery in the capital is in a major crisis and urgent measures must be taken to prevent collapse, according to a new report. Lack of buyer support, as well as excessive bureaucracy and significant planning delays, are “strangling” attempted to deliver desperately-needed new homes, a Home Builders Federation report has found. Neil Jefferson, Chief [...]

  • Rents rise at slowest rate for four years, Zoopla warns

    September 12, 2025

    Skyrocketing rents in the UK have given way to a steadier increase as the supply of homes rises and tenant demand falls, according to new figures. Average rents are 2.4 per cent higher than a year ago, the lowest annual rate in four years and less than half of that recorded 12 months ago, Zoopla [...]

  • Being a landlord in central London is no longer very profitable

    September 11, 2025

    London’s most exclusive boroughs are among the UK’s worst places to invest in 2025 as yields continue to dry up, according to new data. Property in Kensington and Chelsea gives landlords the lowest return in the country, according to Archimedia Accounts, with yields of just 1.77 per cent. Westminster fares little better, with a flat costing [...]

  • Brits shy away from buying houses as uncertainty over property tax increases

    September 11, 2025

    Buyer inquiries and sales slipped in August, with ‘ongoing uncertainty’ putting the brakes on the UK’s housing market, according to new data. Agreed sales slipped sharply, with a net balance of 24 per cent of property professionals seeing transactions fall, up from a balance of 17 per cent the previous month, the Royal Institution of [...]

  • Renters and landlords ‘in the dark’ on new law, Labour warned

    September 10, 2025

    The UK’s landlord lobby group has warned that renters and landlords ‘desperately’ need more clarity on the rollout of the government’s Renters Rights Bill. The bill, which was debated in the House of Commons on Monday, is expected to receive Royal Assent in late 2025 and to become law in early 2026.  It is one of [...]

  • Millennials and Gen Z cling to property dream as house prices soar

    September 8, 2025

    Millennials and Gen Z are refusing to give up on their dream of owning a home despite the steep challenges of getting on the property ladder, fresh research has found. Over 35 per cent of Gen Z and 40 per cent of Millennials think that owning a property is the most effective way to grow [...]

  • Angela Rayner on the brink: Deputy PM underpaid stamp duty on purchase of £800,000 property 

    September 3, 2025

    Deputy prime minister Angela Rayner has referred herself to the standards watchdog after she admitted to underpaying stamp duty on her second home in Hove.  A spokesperson for Keir Starmer has refused to confirm the date Rayner informed the Prime Minister about her tax dealings, raising questions on when he found out about new tax [...]

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