First strong signs of slowdown in housing market
New buyer enquiries drop and interest rates are bound to increase
London house purchase enquiries up despite national downturn
Lack of new stock continues to hamper activity, says Royal Institute of Chartered Surveyors (RICS)
London rents reach record highs as rest of country follows suit
Rightmove reveals average monthly asking price in capital now £2,257
UK has already hit ‘stage three’ of a property downturn
The PM is still extolling benefits of 95% mortgages turning generation rent to generation buy
Top of central London property market hit by foreign buyer no show
London estate agency Savills says prime buyer bounceback slower than expected
Demolition contracts were ‘rigged’ through ‘illegal cartel agreements’
Competition and Markets Authority uncovers ten construction firms colluded in practice
Capital’s top housebuilder sees demand rebound but warns on supply
Flight from the capital by home buyers ‘has not materialised’
Homeowners and buyers forced into property compromise
Yorkshire Building Society reveals a third of Britons feel trapped in unsuitable properties
Countryside rejects ‘undervalued’ £1.5 billion sale offer
House builder’s CEO departed in January after lacklustre home sales
Fear of harsher times lies behind property frenzy
First time buyers sense window of cheap money is closing and want to scramble on the ladder
Chestertons boss Gittins appointed CEO of Foxtons
Estate agent has been faced with investor criticism over lacklustre share growth
Building faces ‘perfect storm’ from inflation
Prices of building materials increased by 16% in the first quarter compared to the previous year
High-end London offices still in demand despite hybrid working
Demand for high-spec office space is strong as employers fight for the best staff
WeWork loses $500 million in three months
Co-working pioneer has introduced a more ‘disciplined’ business model
£3.5 billion West End mega-merger gets mixed reception from the City
Merging the two firms could provide a boost to businesses in the West End as the area looks to recovery
‘Frenzy’ in housing market as London prices hit new record high
The average price of a new home in London has risen by 1.9% in April to hit £677,11, according to Rightmove
Singapore buys £694 million Paddington stake
The city-state’s sovereign wealth fund is buying a majority stake in British Land’s Paddington development it bets on the revival of London offices
Canary Wharf 3.0: Paddle boarding, primary schools and jazz festivals
Best known for towering glass offices, the estate’s owners are trying to reinvent the East London area as a residential and arts hub with housing, sports and more. Will it succeed?
Housing affordability ‘extremely stretched’ as prices keep climbing
High interest rates, high property prices and a higher cost of living make buying a home an increasingly difficult prospect for many
Turning London’s office blocks green will cost £30bn, says Savills
Under proposed regulations all commercial office buildings will need to register an environmental performance certificate (EPC) by 2025
Canary Wharf announces £500m project to build life sciences skyscraper
The 22-storey high tower will take advantage of fast growth in the life science and biotech space and comes after the government last year published a 10-year plan to make the UK a ‘science superpower’
London rental platform Goodlord raises £27 million
The company, which supports 1 million landlords and tenants, will use the funding to bolster the services it offers and upskill staff.
Bellway warns of ‘significant’ costs from Gove’s cladding proposals
The house builder has already set aside £186 million to cover remediation work but may need much more
Loss of Russian buyers won’t hurt London property market, say Savills
“[Russian buyers] haven’t been a big part of the market for years,” Mark Ridley said. “They never were a massive part.”
Taylor Wimpey boss Peter Redfern bows out with £450 million return
Taylor Wimpey is paying a full-year dividend worth £324 million and has announced a share buyback of £150 million
Royal Docks set to get new £50 million build-to-rent development
Pontoon Reach will provide 42 affordable rent and 53 shared ownership homes managed by Peabody
Galliard Homes bets on Hong Kong property sales despite exodus
The developer is opening its first dedicated sales office in Hong Kong even as tens of thousands seek to move away from the city state
Dubai firm to spend £82m turn former Chelsea police station into flats
Chelsea police station was the branch where actor Sir John Gielgud was charged with “importuning” in 1953 after making a pass at an undercover policeman. It shut in 2013.
Citi spending £100m to make Canary Wharf HQ green and flexible
The overhaul of the 42-story tower block is one of the biggest refurbishments in Europe and will take until 2025 to complete
Ex-WeWork Europe boss launches new flexible office startup in London
Aldgate Tower will be the first building to use the new company, which is launching a new flexible rental brand - Beyond - in partnership with building owner Brookfield Properties
Vistry CEO: House builders are ‘easy targets’ in cladding crisis
‘We share the government’s aim to get things moving for the leaseholders, I’m not sure we’re quite on the same page as the government as to who and how it should be paid for.