Mayor Takes Control of Kingston Gasholder Housing Plans
Mayor Sadiq Khan has called in rejected plans for 586 homes on three gasholders in Motspur Park, citing housing targets. The scheme includes towers up to 16 storeys.
Category : Property Market
Help to Buy Scheme Widens Housing Inequality, IFS Finds
A new IFS analysis reveals the UK's Help to Buy scheme primarily benefited high earners, exacerbated housing inequality, and distorted the market.
Iran War Fears Drive 23% Drop in London Office Demand
London office demand fell 23% in Q1 2026 due to Iran war uncertainty, bucking last year's record highs. Investment demand also slid, while industrial property saw growth.
3M More Eligible for Nationwide Fairer Share Bonus
Nationwide's acquisition of Virgin Money adds 3 million new members, but Fairer Share bonuses likely delayed until 2027. Details on eligibility and payout expected May 21.
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Asos Shares Fall Despite Narrowing Losses and AI Push
Asos shares dropped over 2% despite cutting pre-tax losses by £100m and deepening its AI partnership with Microsoft, as revenue fell 14% to £1.1bn.
Labor's 2026 Budget Overhauls CGT and Negative Gearing
The Australian government's 2026 budget introduces significant reforms to capital gains tax and negative gearing, aiming to address housing affordability and fiscal sustainability.
Private Equity's Grip on Public Services: Extracting Profits
Hettie O'Brien's 'The Asset Class' exposes how private equity firms exploit essential services like water, housing, and healthcare for massive profits, leaving society to bear the costs.
Camden Residents Accuse PM of Using Them as 'Pawns' in Property Scandal
Leaseholders at 53 Agar Grove in Camden claim their £850k flats are now worthless due to structural defects. They accuse Prime Minister Keir Starmer of abandoning his pledge to help resolve their 'appalling' case after entering government.
Digital Banking Revolution Ends as UK Market Saturates
The era of new digital bank launches in Britain has ended with no license applications in over a year, signaling market maturity and a shift toward scaling existing fintech leaders.
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London House Prices Fall 3.3% Amid Inflation Fears
London house prices have dropped for the seventh consecutive month, with a 3.3% annual decline to £542,000. National prices rose 0.9%, highlighting a stark north-south divide as inflation and tax policies impact the capital's market.
Barclays Cuts Mortgage Rates Ahead of BOE Decision
Barclays slashes rates on over 20 mortgage products amid market stabilization, as lenders eye next week's Bank of England interest rate decision.
300 Zero Bills Homes: No Energy Costs for Residents
Octopus Energy launches its largest Zero Bills development in Wisbech, Cambridgeshire, with 300 homes featuring heat pumps and solar panels, eliminating energy bills for 5-10 years.
Iran War Raises Condom Costs, Hits Consumer Goods
The war in Iran is causing supply chain disruptions, leading to a 30% price hike for condoms from top producer Karex and affecting energy and food costs in the UK.
S&U Bank Credits Thatcher as Profits Jump 33%
Specialist lender S&U reports pre-tax profit of £31.8m, attributing success to Margaret Thatcher's economic principles while navigating regulatory challenges in motor finance.
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Affluent Brits Snub UK Property for Better Investment Returns
High taxes, burdensome regulation, and stagnant house prices are driving wealthy investors away from UK property, with prime London sales dropping 37% year-on-year.
London House Prices Up £3,000 as Market Slows Under Mortgage Strain
London's property market sees a modest £3,000 price increase in April, but faces significant strain from high mortgage rates and an 11-year high supply of homes, creating a divided market between resilient family homes and struggling flats.
London's Blue Spaces: Waterfront Living Boosts Health and Value
New research reveals living near water in London improves mental health and reduces stress, driving premium property prices in developments with innovative water features.
London Dinner Debate: Property Rights and Irish Unity
Diarmuid, a Green-leaning accountant, and Richard, a property-owning presenter, clash over housing as a right versus business over dinner in London, finding unexpected common ground on Irish unity.
Homes for Sale Near England's Marathon Routes
Discover unique properties for sale across England located near popular marathon routes, from a Victorian apartment in Brighton to a stone farmhouse in Yorkshire Dales.
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Iran War Could Cause UK CO2 Shortages, Impacting Food Supply
Government contingency planning for potential CO2 shortages affecting chicken, pork, and fizzy drink supplies if Iran war continues disrupting shipping lanes through summer.
Luxury Stocks Plunge as Iran War Hits Middle East Sales
Hermès, Gucci, and LVMH shares tumble after reporting sales declines due to the Iran conflict, exposing overreliance on Middle Eastern markets and ultra-rich customers.
Housebuilder Cuts Land Buying, Threatening UK's 1.5M Home Goal
Barratt Redrow reduces land acquisition amid Iran war uncertainty and rising costs, casting doubt on the government's ambitious 1.5 million homes target in England.
Aldi to Open London Store at Former Hospital Site
Aldi has acquired the site of the former Thorpe Coombe Hospital in Walthamstow through a mortgage agreement, planning to build a new supermarket as part of its UK expansion drive.
Housebuilding Stocks Recover as Industry Hits 'Rock Bottom'
UK housebuilding stocks have made a surprise recovery as experts suggest the sector may have reached its floor, despite ongoing market uncertainty fueled by the Iran war and rising costs.
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London Riverside BID Opposed Over Costs and Transparency
Businesses and councillors in the City of London urge abandonment of the proposed City Riverside Business Improvement District, citing financial burdens and lack of transparency in the consultation process.
Aldi Buys Abandoned London Hospital for Supermarket
Aldi has purchased the former Thorpe Coombe Hospital in Walthamstow, planning to transform the site into a new supermarket as part of its aggressive UK expansion strategy.
Zeta-Jones & Douglas Cut $2.25M Off NY Mansion Price
Michael Douglas and Catherine Zeta-Jones reduce asking price for their Irvington estate to $9.75 million after two years on the market, revealing downsizing plans.
Space Capitalism: Property Rights Key to Economic Frontier
A new book argues that legal innovations, like property rights in space, are essential to unlock asteroid mining and tourism, drawing parallels to smartphone evolution.
Private Equity Secondary Market Sees Strategic Shifts
The private equity secondary market is undergoing significant transformation, with firms engaging in sale talks, spin-outs, and increased specialization to navigate evolving investor demands and market conditions.
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Auction Clearance Rates Fall in Sydney and Melbourne Amid Economic Stress
Auction clearance rates have dropped to 51% in Sydney and 55% in Melbourne as economic uncertainty scares off buyers. Homeowners are increasingly withdrawing properties or selling early via private treaty.
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