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Property

  • Home REIT: Serious Fraud Office probing whether fund managers misled the market

    March 20, 2024

    The Serious Fraud Office has opened inquiries into the scandal-hit social housing firm Home REIT and is probing whether its former fund managers misled the market, Morning Wire has learned.

  • London rents: Good news – historically high rates are only going up a little bit

    March 20, 2024

    The rate at which rental costs are rising have slowed, but prices still remain at their most expensive when compared to earnings in over a decade, according to a new report by Zoopla.

  • Crest Nicholson shares drop as housebuilder says it will build 11 per cent fewer homes

    March 19, 2024

    Crest Nicholson has identified defects in construction on four sites completed before 2019, estimated to cost around £15m.

  • Prime London house prices languish at decade low as wealthy turn to renting

    March 19, 2024

    Prime property prices in the capital have remained at 2014 levels, according to new data, while the market's rental segment sees a boost.

  • Legal and General mulls multi-million pound sale of housing arm Cala

    March 18, 2024

    Legal and General is drawing up plans to sell Cala Group, one of the UK’s biggest house building groups, which it has owned for the past six years.

  • Gove says London being ‘let down’ as probe launched into Khan’s housing strategy

    March 18, 2024

    Housing secretary Michael Gove said Londoners are being “let down” by the Mayor’s “chronic under delivery” of new homes, as he launches a probe into Sadiq Khan's housing strategy. 

  • Marshalls bearish as timeline for housebuilding recovery malaise extends

    March 18, 2024

    The company's newly-minted chief executive is expecting a slower return to recovery than predicted

  • British Land and Royal London ink joint venture for former Meta HQ in Euston

    March 18, 2024

    Facebook owner Meta exited its corporate lease in the building in September last year.

  • House prices reach highest level in 10 months in March

    March 18, 2024

    Green shoots continue to emerge in the property market as March welcomes the highest rise in house prices in 10 months. 

  • The best way to bring house prices down is to get building

    March 18, 2024

    Crash? What crash? A much-feared slowdown in house prices – due to hit last year – appears to have been more of a speed bump than a full snarl-up, with all the indicators now pointing green once again. That is of course good news for homeowners and will bail a few out of negative equity. [...]

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