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Property

  • It’ll take more than planning reform to get London building again

    March 4, 2026

    London isn’t just facing a housing delivery downturn. It’s facing a double development whammy of falling housing starts combined with a deep decline in the pipeline of new commercial development coming forward, says Melanie Leech Down, down, deeper and down go the lyrics from a track by Status Quo from the early 1970s. A decade [...]

  • Construction recovery remains fragile amid high costs

    March 3, 2026

    The construction sector is recovering but its growth remains fragile as developers contend with high wages, planning delays and labour shortages.  The industry will grow over the next year due to major infrastructure projects but confidence in the housebuilding and commercial sectors remains shaken, according to a report by construction firm McBains shared exclusively with [...]

  • £9bn in housing funds sit idle in council accounts

    March 1, 2026

    More than £9bn in developer contributions earmarked for schools, transport, healthcare and affordable housing is sitting unspent in council bank accounts, according to new research. A freedom of information survey by the Home Builders Federation (HBF) estimates that £6.6bn in Section 106 payments and £2.2bn raised through the community infrastructure levy (CIL) remain unspent. Of [...]

  • Brits push down house prices to dodge mansion tax

    February 26, 2026

    House sellers are already pushing sale values below £2m in a bid to avoid the coming “mansion tax” on expensive homes.  The high-value council tax surcharge (HVCTS) is not due to be implemented until April 2028 but estate agents Hamptons have found Brits are already taking steps to avoid the levy.  The “mansion tax” charge [...]

  • Occupancy down at Unite Students, but demand surges at ‘elite’ universities

    February 24, 2026

    Unite Students saw a slide in occupancy across its portfolio, offset by resilient demand at top elite universities. The student accommodation developer reported a 9 per cent increase in adjusted earnings to £232.3m for 2025. However, its statutory profit fell by 78 per cent due to a decline in the valuation of the property portfolio. [...]

  • Segro boss David Sleath: AI data centre roll out a matter of life and death

    February 20, 2026

    The roll out of AI data centres in the UK’s urban hubs is a matter of life and death, warehouse magnate David Sleath has said.  In an interview with Morning Wire, the chief executive of industrial property group Segro said developing data centres in urban areas is “critical” for relying on developments such as saving [...]

  • Here’s what the Square Mile skyline will look like in six years

    February 19, 2026

    Canada Corporation has revealed a new CGI skyline showcasing the Square Mile skyscrapers set to be completed in the next six years.  The computer-generated images were released to mark a record set of planning permission deals in 2025, which have included the decision to green-light what will be the City’s tallest building, [...]

  • UK house prices see modest growth amid London slump

    February 18, 2026

    UK house prices ticked up last year, but the London market continued to lag after property tax speculation and high mortgage rates constrained affordability. The average UK house price increased by 2.4 per cent annually in December 2025, slowing from 2.8 per cent growth in the year to November, according to the latest data from [...]

  • UK house prices stall in February after record January surge

    February 16, 2026

    The average asking price of a house dipped by just £12 in February, pausing after the largest January jump recorded in Rightmove’s 25-year history. New listings coming to market this month are priced at an average of £368,019, compared with £368,031 in January, according to the property giant. The marginal month-on-month change follows a £9,893 [...]

  • Allow pensions savings to go into housing deposits, says FCA chief

    February 10, 2026

    The head of the financial watchdog has suggested that the UK should have the “contentious debate” about whether pension savings could be put towards housing deposits.  Nikhil Rathi, chief executive of the Financial Conduct Authority (FCA), said there was greater scope for pension savings to support financial resilience, particularly among lower income households.  “We have [...]

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