Iranian Elite Abandon London's 'Billionaire's Row' as Ghost Town
Iranian regime cronies have bought 13 mansions on London's Bishops Avenue, leaving them empty and decaying, with locals calling it a 'ghost road' and businesses suffering.
Category : Property Market
Paris Stays a Quant Powerhouse as Middle East Funds Rush In
Paris continues to thrive as a global hub for quantitative finance, even as Middle Eastern hedge funds expand their presence, driven by its talent pool and regulatory environment.
UK's Most Expensive Streets: London Dominates with £12.5M Homes
New research uncovers the UK's priciest residential streets, with London claiming 19 of the top 20 spots. Winnington Road in Barnet leads at £12.5M average asking price.
Persimmon: Iran War May Hit UK Homebuyer Confidence
Leading UK housebuilder Persimmon warns Iran conflict could weaken homebuyer sentiment amid inflation fears and high interest rates, while reporting strong sales.
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Persimmon Profits Up 11% Amid Housing Market Recovery
Housebuilder Persimmon posts £397m profit with 12% increase in home completions, citing supportive market conditions despite ongoing uncertainty from Iran conflict.
Barnet's Winnington Road Tops UK's Most Expensive Streets List
Rightmove's 2026 data reveals Winnington Road in Barnet, London, as Britain's priciest street with an average asking price of £12.5 million, highlighting regional property hotspots across the UK.
Plumstead Landlord Fined for Unlicensed Mouldy Flat
A property management company must pay Greenwich Council £7,500 after failing to license a severely mouldy Plumstead flat, with repairs estimated at £8,000.
JPMorgan Hires UBS Dealmaker Horrobin for Real Estate
JPMorgan Chase has recruited senior UBS dealmaker James Horrobin to lead its real estate investment banking division in London, signaling a strategic push in the property sector.
Small House Builders in Crisis as Sales Drop 41%
SME house builders face an existential crisis with sales plummeting 41% since 2021, threatening Labour's 1.5 million homes target. A new equity loan scheme could save the sector.
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Springvale Betta Store Closes After 35 Years of Family Legacy
Alice Pung reflects on her parents' Betta electrical store in Springvale closing after nearly 35 years, revealing a family history of survival and redemption through retail.
New Affordable Commuter Hotspots Emerge in UK
As remote work unwinds, homebuyers are targeting traditional commuter zones, but affordability drives demand for new hotspots. Savills research reveals top locations near London, Birmingham, Manchester, and Edinburgh with direct rail links and rising stat
Stanley Kroenke's Land Empire Could Cover London 7 Times
Arsenal owner Stanley Kroenke has become America's largest private landowner with 2.7 million acres across North America, enough territory to cover Greater London seven times over.
Dubai Tax Residents Race Back Amid Iran Missile Attacks
Amid Iran's missile strikes on Dubai, wealthy expats are chartering private jets to return, driven by tax residency rules requiring 183 days in the UAE to avoid harsher UK taxes.
Matalan Gets £25m Boost for Store Upgrades After Losses
Clothing retailer Matalan has secured a £25 million investment from its core investor group to accelerate store upgrades and digital improvements, despite reporting significant losses and job cuts last year.
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Halifax: Iran War May Slow Mortgage Rate Cuts, House Prices Rise
Halifax reports UK house prices rose 0.3% in February to £301,151, but warns Middle East conflict could delay mortgage rate reductions and impact affordability.
UK House Prices Rise 1.3% as Property Market Shows Resilience
Halifax reports strongest price growth in four months with average UK property reaching £301,151, though regional disparities persist with London and South East seeing declines.
Fantasy House Hunt: Commuter Homes with Prime Rail Links
Discover five exceptional properties in England's emerging commuter hotspots, each offering unique character and excellent rail connectivity to major cities.
Taylor Wimpey Profits Halve Due to Budget Impact
UK housebuilder Taylor Wimpey reports profits plummeting 54% to £146.5m despite revenue growth, citing fire safety costs and pre-Budget market uncertainty as key factors.
Taylor Wimpey Profits Halve, Blames Budget Uncertainty
UK housebuilder Taylor Wimpey reports a 54% profit collapse to £146.5m, slashing dividends and citing pre-Budget uncertainty as major factor in challenging year.
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£6M Brent Home Sparks 'Delusional' Price Debate
A five-bedroom semi-detached house in Brent, London, listed for £6 million has left residents baffled, as it far exceeds the borough's average property values and has been on the market for months.
Vistry CEO Retires as Housebuilding Output Declines
Greg Fitzgerald, chief executive of Vistry, announces retirement following a year of falling revenue and output, citing uncertainty from the November Budget as a key factor.
UK's 17 Best Cities Named Among Europe's Top 100
Seventeen UK cities, including London, Newcastle, and Edinburgh, have been ranked among Europe's top 100 best cities for 2026, based on livability, lovability, and prosperity factors.
First Real Estate Float on Aquis Challenger Stock Market
Scotch Corner Designer Village in Yorkshire will become the inaugural property listing on Aquis's Aram division, aiming to democratize retail investment with a £25.5m share offering.
Peterborough: Economic Boom vs Residents' 'Misery'
Peterborough boasts rapid job and population growth, yet residents describe it as a 'dump' with an 'atmosphere of misery,' highlighting a stark contrast between statistics and lived experience.
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London Homeowners Warned on Damp Risk by Property Expert
A leading property specialist issues a critical warning on damp risks in London homes, offering five essential tips to prevent moisture damage before it escalates.
Chalk Farm High-Rise Estate Redevelopment Decision
Camden Town faces a pivotal planning decision as Riverside Housing Association seeks approval to demolish the award-winning Juniper Crescent estate and replace it with 15-storey towers, sparking fierce debate over housing needs versus community preservati
Neighbors Oppose Engels Museum Plan in Primrose Hill
Residents in Primrose Hill object to plans converting Friedrich Engels' former home into a museum, arguing it would reduce housing and create noise in the residential area.
UK House Prices Rise in February Amid Stable Market Sentiment
UK house prices increased by 0.3% in February, reaching an average of £273,176, as Chancellor Rachel Reeves' upcoming spring forecast avoids the negative speculation that previously dampened the market.
Designer: One Mistake Can Cut 10% Off Your Home's Value
Anouska Lancaster, an award-winning interior designer, warns that clutter can reduce property value by up to 10%. Learn tips to avoid this and boost your home's worth with budget-friendly upgrades.
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MIPIM Conference Shapes London's Skyline and Investment
The City of London Corporation highlights MIPIM's role in driving office demand, with 30 major developments underway and a plan for 1.2m square meters of new space by 2040, showcasing London's global appeal.
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