London house prices rise by just £600 as worst borough revealed January 14, 2025 The London borough where more houses fell in value than almost any other area in the UK in 2024 has been revealed. According to new data released by Zoopla, the value of 72 per cent of houses in Kensington and Chelsea fell by at least one per cent last year. A total of 73,200 homes [...]
FTSE 100 giant Auto Trader gears up for £87m HQ move January 13, 2025 FTSE 100 giant Auto Trader has confirmed plans to relocate its headquarters from a building named after a Manchester legend to a new base worth £87m. The company is to leave its home at 1 Tony Wilson Place in First Street and move to Bruntwood SciTech’s 3 Circle Square in 2026. Auto Trader has been [...]
UK housebuilders to shed light on property market amid Government targets January 12, 2025 Some of the UK’s biggest housebuilders will say whether demand is picking up in the property market after a prolonged slump, as the Government prepares to overhaul planning rules. London-listed construction groups Persimmon, Vistry and Taylor Wimpey will all provide trading updates next week. Persimmon, which will give an update on its fourth-quarter trading on [...]
Property analysts forecast strong spring as stamp duty deadline looms January 10, 2025 Activity in the UK’s property market closely followed government policies on tax last year, something set to continue as the reality of the stamp duty deadline sinks in for first-time buyers. Real estate experts have predicted a burst of activity in early spring ahead of the end of stamp duty relief for first homes, which [...]
How to get workers back to the office in 2025? Let them open the windows! January 10, 2025 Five years on from the pandemic, it's time to bin the office gimmicks and get back to basics, writes real estate expert Philipp Ueberschaer.
London commercial property starts year strong with huge Baker Street let January 9, 2025 A British-based property company has fully let a Baker Street office space at a significant premium to the estimated value in an excellent start to the commercial market in 2025. Derwent London has pre-let 204,300 sq ft of office space to five tenants at its 25 Baker Street W1 development, which will complete later in [...]
Buying a house? Pay in cash for a £28k discount January 7, 2025 Buying a house is the largest purchase most of us will make in a lifetime – but it may be cheaper for some than others. Cash buyers now pay £28,000 less on average for a home than those relying on a mortgage, and the ‘cash discount’ has risen by 12.4 per cent in just two [...]
Mortgage approvals fall faster than expected in wake of Budget January 3, 2025 65,700 mortgages were approved in November, down from 68,300 in October and comfortably below economists' expectations.
Where did UK house prices rise fastest in 2024? January 2, 2025 Nationwide's house price index showed that house prices rose 4.7 per cent over the year-to-December. Across 2023 house prices fell 1.8 per cent, according to the building society.
Geopolitics, property and the London marketplace: Here’s what’s in store for insurance next year December 30, 2024 Insurance market in 2024 was defined by record floods and soaring premiums. So what are expects predicting for 2025?