Labour’s new towns plan is not the answer to the housing crisis May 22, 2024 Solving the housing crisis means building near where people want to live, not creating white elephants in the middle of nowhere, says Ben Hopkinson Angela Rayner yesterday announced Labour’s plans for the next generation of new towns. Labour are planning to build these developments with high standards of design, quality, affordability, green spaces and infrastructure. [...]
Vistry lifts profit outlook and build target on demand for affordable homes May 16, 2024 British housebuilder Vistry is on track to build close to 2,000 more homes than what it built last year.
What is TfL’s Places for London, and is it really tackling the capital’s property crisis? May 11, 2024 TfL's property arm has been designed to generate a steady income for the transport body.
Kazakh billionaire offloads Mayfair property for £35m May 9, 2024 A Kazakh oligarch worth an estimated £5bn has sold his London mansion for just shy of £35m in one of the largest deals this year.
UK construction activity recovers despite housebuilding struggles May 7, 2024 Of all the sub-sectors, activity in the commercial sector increased at the fastest pace with a score of 53.9.
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 [...]
UK house prices drop due to ‘affordability pressures’ and soaring mortgage costs May 1, 2024 Nationwide's latest House Price Index showed that while the cost of property fell month-on-month, the annual rate of change slowed too.
Sadiq Khan threatens to use compulsory purchase powers to force ‘Tory town halls’ to build more homes April 30, 2024 Sadiq Khan has accused “Tory town halls” of blocking new homes from being built in London and pledged to crackdown on the issue if re-elected.
Reduced notice periods for renters are an open door for party flats April 24, 2024 Renters need more rights, but scrapping minimum tenancy terms would leave landlords unable to stop their properties being used for holiday lets, party flats or worse
London office property deals abandoned as sellers pin hopes on price recovery April 20, 2024 Abandoned property deals have driven investment volumes in the London office market down in the first quarter of the year, but green shoots are starting to emerge.