One in three delay buying new home as high costs and interest rates bite Property The saga of first-time buyers trying to get on the UK housing ladder is long and well documented. High interest rates, rising costs and rents which swallow up more than a third of wages – in some parts of the country – have meant that around one in three people have delayed their purchase of [...]
Has the UK housing market turned a corner as the Bank of England cut interest rates? Property Quiet optimism is the mood of the day in the housing market, as house prices firmly ticked up in July. Both the Nationwide and Halifax house price indices posted accelerating house price growth. Nationwide reported a 0.3 per cent month on month increase and Halifax pointed to a stronger 0.8 per cent month on month [...]
Shares in Persimmon, Vistry and Barratt soar as Labour victory boosts market outlook Property Shares in property firms Persimmon, Vistry and Barratt have surged this morning as analysts label the Labour landslide victory a "positive" for house builders.
Average London rent on the rise as price outside the capital reaches record high July 3, 2024 The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove.
Could Manchester eclipse London as the UK’s skyscraper capital? June 5, 2024 For years London has stood alone as the preeminent home to the largest and most visually-striking skyscrapers in the UK - but could that be about to change?
London rents hit record highs – but price increases are slowing April 30, 2024 Average advertised rents in London are now 5.3 per cent higher than last year, but there are signs that the pace of price increases are slowing, a leading property portal has found.