The number of older individuals sharing houses has surged significantly over the past decade, reflecting a shift in the dynamics of the rental market. Data from Spareroom reveals that those
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Jeff Fairburn, the former chief of Persimmon, and the hedge fund Elliott are embroiled in a High Court dispute with Lloyds Banking Group regarding the financial responsibilities associated with cladding
Taylor Wimpey has announced a forecast for lower profit margins as the housebuilder grapples with increasing costs and sluggish demand for flats from first-time buyers. In a strategic shift, the
First-time buyers, self-employed workers and older borrowers are expected to find it easier to access the property market as the Financial Conduct Authority outlines a significant overhaul of mortgage rules.
The UK housing market experienced a significant cooling in November, according to the latest Royal Institution of Chartered Surveyors UK Residential Market Survey. Buyer demand, sales activity, and new property
Plans to advance the United Kingdom to net zero carbon emissions by 2050 could impose an additional financial burden of £350 billion compared to a slower decarbonisation pathway. Analysis conducted
The arrival of advanced artificial intelligence is prompting a seismic shift in the UK property market. AI-powered search bots now scrape listings from portals like Zoopla, Foxtons and Rightmove, offering
The Treasury is reportedly preparing plans to update the valuation of homes in the highest three council tax bands, F to H, as part of the upcoming Budget 2025. For
Mortgage lending at Nationwide has declined following a surge of homebuyers finalising purchases before the April stamp duty deadline. Despite a decrease in lending, the building society’s income climbed due
Labour’s forthcoming Budget is expected to introduce a new tax surcharge targeting England’s most valuable homes as part of efforts to stabilise public finances. The proposed levy will affect properties
The UK housing market is witnessing the most significant price reductions from sellers in thirteen years, as uncertainties loom over forthcoming tax changes in the budget and sharp declines in
The UK housing market is experiencing a distinct slowdown as uncertainty builds around the upcoming autumn budget. According to the Royal Institution of Chartered Surveyors, activity has stalled, with both
Sir Sadiq Khan’s emergency proposals to tackle London’s persistent housing crisis remain under significant scrutiny as major developers express scepticism over their likely effectiveness. The Mayor has unveiled a new
Spain has emerged as an economic outlier in the post pandemic era, posting growth near 3 percent while heavyweight neighbours France, Germany, and Italy have struggled to surpass 1 percent.
Flooded coalmines across the UK could soon find a new lease of life as sources of low carbon geothermal heat, offering a bold answer to both energy costs and carbon
House prices in the United Kingdom climbed more than expected during October, offering fresh evidence of resilient demand against a backdrop of economic and political uncertainty. Nationwide’s latest house price