Forget saving for a mortgage, one in ten renters still rely on food banks March 13, 2024 Around a third of social renters and half of private renters were only in poverty after their housing costs were factored in, suggesting that they were pushed into poverty by the amount they have to spend on housing.
Take the plunge: The icy health trend sweeping across the City January 23, 2024 An unconventional trend invites us to plunge deep into the icy depths for potential health benefits - cold exposure therapy
London: The 10 stunning projects held up by the planning system June 20, 2024 All this week, City A.M. has been making the case that London’s future prosperity depends on new buildings. But what about the future that might have been? From rock stars objecting to affordable housing to jumping spiders blocking rollercoasters, vested interests are too often allowed to get in the way of potentially transformative new developments. [...]
Met Police fail to solve 82 per cent of burglaries July 27, 2023 The Met Police failed to solve 82 per cent of burglaries in London last year, data has revealed. Figures from the Home Office for the 2022-2023 financial year show an average of 129 burglaries a day – or a total of 47,050 – were closed without a suspect being identified. While just six per cent [...]
Met Police chief’s future in the balance as political row grows over ‘openly Jewish’ incident April 21, 2024 Sir Mark Rowley's future as head of the Met Police hangs in the balance following calls for him to resign over his handling of the pro-Palestine protests in the capital.
Persimmon braces for ‘challenging year’ as company reports huge drop in house completions March 12, 2024 House builder Persimmon expects 2024 to be another “challenging year,” as elevated interest rates are continuing to bruise the sector.
House prices rise 1.7 per cent – but Brits advised they will keep coming down August 16, 2023 Average UK house prices increased by 1.7 per cent in the 12 months to June down from a revised 1.8 per cent in May 2023, but property experts are warning this won’t continue for long. New figures from the Office for National Statistics show the cost of a home in the UK is £5,000 more [...]
Londoners are working 197 days a year just to pay the rent May 7, 2024 It will take the average Londoner until 16th June to earn enough before tax to cover their annual rent bill. The only way to bring prices down is to build more houses, says Sam Bidwell On average, for the first 125 days of 2024, English renters worked solely to pay their landlord. That’s according to [...]
MP ‘profoundly sorry’ for alleged ‘pretty serious faults’ in flats he rents out August 31, 2024 A newly elected MP has said he is “profoundly sorry” for alleged “pretty serious faults” in some of the flats he rents out.
Why Lord’s Cricket Ground and Wembley Stadium are the best areas for buy-to-let in London August 19, 2024 Buy-to-lets in London are, famously, quite a good idea – if you have the money to spend on them. But rental yields – defined as the return on your investment after accounting for costs like mortgages and taxes – have been hammered by high interest rates lately, making it crucial to buy in the right [...]