Pension firms, insurers and international investors are cautioning the government that proposed leasehold reforms may jeopardise substantial investment in Britain unless ministers reconsider Labour’s commitment to overhaul the country’s ground
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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
Homeowners are taking on the largest share of high loan to value mortgages since 2008 as first time buyers push their finances to secure a place on the property ladder.
A prominent property developer who received more than £700 million in loans from the Greater Manchester Combined Authority has relocated to Monaco, a renowned tax haven. Daren Whitaker, founder of
Unite Group, the United Kingdom’s largest student accommodation provider, is shifting its portfolio towards the nation’s leading universities. The company, which manages 68000 beds largely for first year students, is
JP Morgan Chase has unveiled plans for a three-billion-pound office tower at Canary Wharf, marking a substantial investment in the UK financial sector. The new building, which will span three
Chancellor Rachel Reeves will introduce a new surcharge on more than 100000 of Britain’s most valuable homes as part of measures aimed at balancing government finances and increasing taxes on
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
Lenders have made notable reductions to mortgage rates as the property market prepares for potential tax reforms in the forthcoming Budget. Barclays has decreased its five year fixed mortgage rate
The Chancellor, Rachel Reeves, is poised to unveil a new property tax surcharge targeting middle class and affluent homeowners, as the government seeks to generate £25 billion to stabilise UK
Rightmove, the UK’s leading online property portal, is facing a £1 billion legal action initiated by thousands of estate agents who allege the company imposes excessive fees for property listings.
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
Cathy Ying Zhang, spouse of Alibaba founder Jack Ma, completed the purchase of a former Italian embassy in London for £19.5 million in October, as confirmed by land registry documents.
HSBC has made headlines by announcing it will now lend homebuyers up to 6.5 times their annual income, marking one of the most generous mortgage deals currently available on the
Canary Wharf is experiencing a revival, with office space availability dropping to its lowest point in seven years. Recent data from real estate analytics firm CoStar reveals that availability rates
Battersea Power Station, one of London’s most iconic landmarks, is under the spotlight as its Malaysian owners weigh up a potential £2bn sale—an event that could mark the largest single-building
