Labour’s mutant algorithm will put houses in places that need them least August 5, 2024 Why has Labour reduced building targets in areas where the housing crisis is most acute – like London – while blanketing more affordable places, like Burnley, with new development? It all comes down to the algorithm, explains Josh Coupland On Tuesday, newly crowned yimby queen, Angela Rayner announced a raft of measures to get Britain [...]
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.
Thames Water: Ofwat hunt for independent ‘monitor’ already under way August 23, 2024 Ofwat’s search for an independent ‘monitor’ who will report on Thames Water’s progress and have access to company information is already under way, City A.M understands. The new appointment is part of a string of new measures that Thames has signed up to in order to avoid a hefty fine for breaching its licence conditions, [...]
London office investment slumps to 14-year low July 24, 2023 London office investment slumped to a 14-year low in the second quarter of the year, new data shows, as high interest rates stifled momentum built up in the early months of the year. Some £1.2bn was spent on London offices last quarter, a 59 per cent drop on the £2.9bn spent in the previous quarter [...]
Election day: London goes to the polls as race for City Hall set to conclude May 2, 2024 Londoners are heading to the polls across the capital as the race to run City Hall is set to conclude.
London house prices: Desperate sellers knock £20k off asking prices March 28, 2024 London home sellers are shaving £19,500 pounds off the asking price to achieve a sale, according to the latest report from Zoopla.
London sellers take home over £30bn in gross profit while seller gains decline January 10, 2022 London home sellers made a total gross profit of £30.96bn last year. However, weaker price growth meant that last year marked the first time since 2015 that London sellers made a gross gain less than £200k, Hamptons estate agents said. The average London seller sold their home for £197,730 more than they paid for it [...]
Reflecting on the shared ownership journey – four years later September 4, 2024 In honour of this year’s Shared Ownership Week, we revisited some of our happy homeowners to see what life has been like since the keys were handed over and the packing boxes were put away. Nearly four years since they moved in, we caught up with Peabody New Homes’ residents Josephine, who purchased at Motion [...]
Half of all Londoners say working from home is damaging the capital’s businesses October 26, 2021 Over half of London office workers would be prepared to work from home less in order to help struggling businesses recover from the impact of the pandemic, according to new research, shared with City A.M. today. In fact, over three quarters (76 per cent) of the capital’s office workers felt that it was important to [...]
Aggressive valuations: London home sellers overprice their properties by 40 per cent October 19, 2021 Home sellers across London are overpricing by as much as 40 per cent when it comes to the price at which they list their homes on the country’s major portals, versus the reality of what buyers will pay, according to new data shared with City A.M. this morning. The figures show that across Britain, the [...]