Rate pain takes its toll as home sales tumbled almost 30 per cent in May June 30, 2023 Home sales tumbled by 27 per cent in May compared with the same month a year earlier, according to HM Revenue and Customs (HMRC) figures. Across the UK, 80,020 transactions were recorded in May 2023, which was also 3 per cent lower than in April 2023. HMRC’s report said the big fall compared with May [...]
Exclusive: Telford Homes to sign Gove’s cladding pledge after threat of ban March 16, 2023 Property developer Telford Homes has capitulated to threats from Michael Gove and signed a pledge to fix faulty cladding similar to that which led to the fire at Grenfell Tower. One of London’s largest residential developers was one of 11 firms told they would be prevented from building new properties unless they signed the pledge, [...]
Price of the average London home on the rise as UK demand rockets August 28, 2024 The ‘average’ London home will now set you back more than £530,000 after house prices in the capital increased for the first time since April 2023, according to figures released today. Data from Zoopla’s latest house price index revealed that London property prices were up 0.2 per cent year on year in the first seven [...]
John Lewis faces fresh defiance from Ealing residents over build-to-rent tower October 9, 2023 The John Lewis Partnership is facing further resistance from Ealing residents over the retailer‘s attempt to erect a build-to-rent tower of 428 homes over a Waitrose supermarket in the west London borough. A campaign group, Stop the Towers, has made fresh calls to the council urging it to listen to residents’ concerns and reject the [...]
Seek assistance to manage your residential portfolio October 17, 2022 Owners lacking the time to manage their properties can now get help from property specialists such as Portland Private Office. The company offers a fully comprehensive service to some of central London’s most desirable residences and projects, providing assistance with residential project management and property management for you or your clients. It works closely with customers and [...]
Almost 100,000 more student beds needed to meet London demand March 25, 2024 Almost 100,000 student beds are needed to meet demand in London, according to new research from Savills, the highest across all of the UK.
Evergrande: Chair of Chinese property giant placed under police watch – reports September 27, 2023 Evergrande's founder is under police surveillance, according to reports, as the firm struggles to meet debt obligations
How to sell a house in today’s tricky market August 25, 2023 Everybody knows that painting your front door can help to sell a house – but what other hacks can you take advantage of? Just like painting the door, adding a few attractive planters and pots instantly makes the entrance a feature and hints at a home that is looked after and makes a buyer want [...]
London and south east house prices fall fastest with analysts predicting five per cent crash August 7, 2023 House prices dropped by 0.3 per cent from June to July, the latest data suggests, with London and south east homes falling fastest in value. House prices fell by -2.4 per cent on an annual basis , easing from -2.6 per cent in June, the latest figures from Halifax show. The 0.3 per cent fall [...]
Gove warns against prioritising quantity over quality of new homes June 20, 2023 Michael Gove has warned against a “dash for quantity” as he faces calls to accelerate housebuilding in the UK and enable more first-time buyers to get on the property ladder. Backing a new tool by Policy Exchange to instil confidence in the planning process, the housing secretary said: “If we think of housing purely in [...]