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Property

  • Young ‘upsizers’ drive demand for multi-million-pound homes in Mayfair

    April 6, 2024

    London’s ultra wealthy have remained immune to the downturn in the housing market, with posh-pads in the exclusive neighbourhood of Mayfair now commanding a 50 per cent price premium compared to the rest of prime central London. 

  • House prices: March only slowing property growth, not reversing it

    April 5, 2024

    The price of a home grew by just 0.3 per cent in March, slowing down from a 1.6 per cent rise when compared to the previous month. 

  • Buy-to-let repossessions jump 56 per cent as higher interest rates bite

    April 3, 2024

    The buy-to-let market has been hammered by higher interest rates with lending plummeting and arrears rising, according to new data released by UK Finance.

  • As Morgan Stanley commits to Canary Wharf is the hub turning a corner?

    April 3, 2024

    Morgan Stanley has agreed to stay in Canary Wharf for another 14 years, in a welcomed boost for the east-London banking district following a string of high profile departures. 

  • Picton Property Income sells £29m London office next to Angel Tube station

    April 2, 2024

    Located a block away from Angel tube station, the office sold for five per cent above its valuation in December and brings in a rental income of £700,000 a year.

  • House prices fall in March as market continues rates-driven seesaw

    April 2, 2024

    The annual rate of house price growth edged higher to 1.6 per cent in March, from 1.2 per cent in February.

  • London offices at mainline stations in demand as occupiers seek to commutes

    April 1, 2024

    Offices near mainline stations in London have lower vacancy rates and higher rents than elsewhere in the capital as occupiers look to cut down commutes of their workforce to entice them back to the office.

  • UK firms move more head office roles outside London amid soaring costs

    April 1, 2024

    UK companies are increasingly moving head-office jobs outside of London, according to new data, amid rising living and housing costs in the capital.

  • UK property market shows steady signs of improvement as sales rise in February

    March 28, 2024

    Green shoots continue to emerge in the property market as the number of house sales grows by a steady one per cent month-on-month in February. 

  • London house prices: Desperate sellers knock £20k off asking prices

    March 28, 2024

    London home sellers are shaving £19,500 pounds off the asking price to achieve a sale, according to the latest report from Zoopla. 

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