Billionaires are shunning the London luxury property market, with sales of “super prime” £10m-plus homes in the capital collapsing by 86% over the past year. Just five properties were sold for more than £10m... read more »
The average London house price London is now £484,700, according to research from estate agents Jackson-Stops & Staff. The figure is now more than twice the national average of £216,750, according to the figures. The... read more »
One of Britain’s largest estate agencies has called on the government to cut stamp duty as it revealed that a sharp decline in interest from buyers had led to a fall in house prices in September. Haart, which has more than 100 branches... read more »
Young renters unleashed upon London for the first time tend to flock to the popular party hubs of Clapham, Brixton and Hackney, eager to be as central as rents will allow. But when it comes to getting on the ladder or buying that first famil... read more »
Mayor of London Sadiq Khan promised an inquiry into impact of foreign investors on London's property market. Foreign investors have become the scapegoat for London's housing crisis. Many Londoners lay the blame for high rents and house price... read more »
In total, 660,900 homes across the country are now estimated to be worth at least £1 million, the study by Zoopla found. Britain has more than 40,000 new 'property millionaires' this year so far amid rising house prices, it has be... read more »
A soaring population heightens the need for homes, but there are structural hurdles to overcome. Six weeks before his election as London mayor in 2008, Boris Johnson unveiled his housing manifesto. “If we are to improve the q... read more »
London has lost its crown as the property capital of the world to New York following a turbulent year that saw investment in the UK capital plummet. Global property investment edged up 0.5% to $1.35tn in the year to June, but investment in L... read more »
Sadiq Khan has ordered an inquiry into the scale and impact of foreign investment in the London housing market amid fears over a potential “surge” in money flowing in from overseas. The Mayor of London said there was an ur... read more »
Tens of thousands of London rate-paying businesses are braced for sharply bigger bills with the release of new property valuations on Friday, in a change that heralds the most significant redistribution of the business rates burden in recent years. ... read more »