London’s rental drought eases with stock up by a third year-on-year May 2, 2024 The number rental properties in Greater London has risen by 34.7 per cent in the last year, according to new research from London estate agents Benham & Reeves. Rental stock in the City is up by 43 per cent year-on-year. Country-wide available stock rose by 12 per cent year-on-year, to 154,510 rental properties. While the [...]
Natwest chair says “it’s not that difficult” to buy a house. The data disagrees. January 5, 2024 House prices continue to outpace wage growth but Natwest chair Sir Howard Davies has told youngsters it's "not that difficult" to get on the ladder
Paul Scully to quit as Conservative MP at general election March 4, 2024 Former London minister Paul Scully is set to quit as an MP at the general election.
Election 2024: Michael Gove backs City A.M.’s ‘Build Baby Build’ campaign June 20, 2024 Outgoing housing secretary Michael Gove has thrown his weight behind CityAM’s ‘Build Baby Build’ campaign ahead of the July 4 general election.
Mortgages are up but don’t get too excited April 19, 2024 What should we read into recent signs of a gradual recovery in the mortgage market? The answer is, it depends. Taking into account distortions caused by the work-from-home exodus from London and the cost of living and it looks like we may simply be returning to precedented times, says Steven MacDonald When it was announced [...]
Value of posh pads in London’s richest postcodes falls by £50k November 30, 2023 The value of luxury flats in London’s poshest postcodes has fallen by 6.1 per cent in the last year as the capital’s mega rich put off buying homes amid the cost of living crisis. According to a new report by Investec Wealth & Investment, shared with City A.M., in the last year the average price [...]
Bakerloo Line to Lewisham? Campaigners call for another south London tube line February 21, 2024 The Bakerloo Line could suffer a "critical failure" if the government does not provide funding for a planned upgrade and extension
The next government needs a ‘2HQ’ taskforce for tech June 12, 2024 Britain needs a taskforce specifically charged with encouraging well-capitalised US tech firms to set up second homes in Britain, says Abigail Morris It’s London Tech Week, but while AI is all anyone is talking about at Olympia, it’s been largely overlooked in general election discourse. This is despite the fact that AI innovations as a [...]
Abu Dhabi firm buys Nine Elms developer London Square for £230m December 1, 2023 An Abu Dhabi real estate firm has snapped up British property developer London Square today in a £230m deal.
Top three luxury homes to hope Santa brings you for Christmas December 23, 2023 A townhouse in Portland Place, a two-bedroom apartment in St John's Wood with swimming pool and a sprawling flat in Marylebone