Housing

Britain's leading housebuilder Persimmon has cautioned shareholders about an anticipated £15 million impact from national insurance contribution changes, alongside other rising costs that will affect profit margins in the coming year.…

London's housing market has seen its busiest period in four years. This is partly because London landlords are trying to get rid of their properties before the budget this week. Zoopla's property search site, Zoopla, reports that almost…

The number of homes listed by estate agents is higher than any time in the last decade. This keeps house prices down. Rightmove's property search site shows that estate agents in Britain are on average marketing 63 homes. This is a 13%…

After rising for the third consecutive month in September, house prices are now within a whisker's distance of their records highs. Halifax, one the largest mortgage lenders in the country, has released the latest figures showing that…

Rightmove’s Australian suitor has abandoned takeover discussions after its sweetened £6.2billion offer was rejected. REA Group confirmed Monday afternoon that it had withdrawn its interest in purchasing the property search site, just hours…

Rightmove's directors have rejected a better takeover bid from an Australian competitor, who valued the online property portal in £6 billion. The FTSE100 company stated that the offer by REA Group valued its shares at $759 per share and…

Rightmove has received a third takeover bid of £6.1 billion from a Melbourne property company, after having rejected two previous offers. Rea Group’s latest indicative offer - 341p cash and 0.0422 Rea shares - values the UK's property…

Bellway, a housebuilder, pulled out of the £720 million pound takeover bid for Crest Nicholson due to concerns over its smaller rival's escalating costs after Grenfell Tower. Bellway was reticent to disclose the reasons behind its…

As the UK housing market continues its rebound, a recent analysis by Zoopla, a leading property website, has revealed that one in five home sellers are being forced to reduce their asking prices by 5% or more. Despite the market's recovery,…

The UK housing market is gearing up for a bustling autumn season, fueled by the Bank of England's recent interest rate cut, the first since the onset of the Covid-19 pandemic. According to an analysis published by property website Zoopla on…

The rental market in the United Kingdom is currently facing a significant crisis, with affordability reaching its lowest level in over seven years. Data from property company PriceHubble, published by the Office for National Statistics…