Vistry Holdings, Britain’s second-largest housebuilder, reported a decrease in home completions while managing to increase its profits. The company completed 15,700 homes last year, reflecting a 9 per cent drop
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House price growth across the UK decelerated in October, as buyers adopted a cautious approach ahead of the upcoming budget and potential new property taxes. According to Nationwide, the average
The UK housing market has recorded its first annual drop in average asking prices since January 2024, with new figures from Rightmove revealing a 0.1 per cent year-on-year decline for
Londoners are buying the lowest share of properties outside the capital since 2013, as stalling prices and the return to office working sap enthusiasm for relocating. New research reveals that
Santander has introduced sweeping changes to its mortgage lending policies, making it easier for certain higher-earning couples to borrow substantially more towards their home purchases. The move comes after interventions
The UK construction sector has witnessed its steepest downturn since the early months of the Covid pandemic, casting significant doubt on the government’s pledge to deliver 1.5 million new homes
Sales of high-value country houses in the UK have increased, suggesting a potential recovery in demand as buyers are attracted by falling prices. According to Knight Frank, the number of
Recent turmoil in global financial markets has created expectations that mortgage lenders in the UK will soon cut their fixed mortgage rates. The immediate cause of this shift is the
House prices in the UK fell unexpectedly in March as many purchases failed to complete prior to the end of the stamp duty holiday. Halifax, one of the country’s largest
House prices in the UK have shown steady growth as buyers increased activity in March, propelled by the impending changes to stamp duty regulations. According to data from the high
In a significant move, one of the UK’s largest mortgage lenders, Santander, has announced a relaxation of its lending criteria for first-time buyers. This change means that couples earning a
Mortgage approvals soared to their highest level in over two years during October, as buyers and sellers raced to finalise property transactions ahead of anticipated tax increases in Rachel Reeves’s
British households are bracing for renewed financial pressures as economists forecast inflation could reach 3% by 2025, despite Labour’s claims of economic stabilisation. The current rate of 2.3% marks a
In a surprising turn of events, Bellway has decided to abandon its £720 million takeover bid for Crest Nicholson, just as the deal seemed poised for completion. After two months
