Move to cut London’s housebuilding target raises eyebrows Politics Angela Rayner’s decision to cut London’s housing target has raised some eyebrows given the severe housing crisis facing Londoners. In a speech in the House of Commons this afternoon, the deputy Prime Minister confirmed that mandatory housing targets would be reinstated for local authorities among a swathe of other planning changes. But the new target [...]
London house prices fall on back of rising mortgages and stamp duty Property London buyers are seeing the highest average difference in annual mortgage repayments, rising £7,500 pounds since 2021, the latest reading from property portal Zoopla has shown.
Bobby Arora: B&M bigwig sells London pad near Buckingham Palace for 30 per cent loss Property British billionaire and trading director for budget retailer B&M has sold his London mansion for a 30 per cent loss.
First time buyers: Homes in London 26 per cent cheaper but affordability remains an issue February 22, 2024 First time buyers in London are spending 26 per cent below the UK market average, but the majority of buyers are struggling with affordability. According to a new report by Zoopla, the average cost of a first time property in London is £399k, which is around £140k cheaper than a typical home would cost in [...]