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Exclusive: Measure in planned bill stopping sale of new properties under leasehold in England and Wales likely to only cover housesTory MPs are preparing to force the government to toughen up its planned leasehold reforms in England and Wales, with Dow…
Chinese buyer snaps up St John’s Wood house that often featured in singer’s Instagram postsA London mansion that Rihanna was renting for £18,000 a week has been sold to an undisclosed Chinese buyer for £27.5m.The sale of the eight-bedroom, 588 square m…
Remortgaging at lowest level since January 1999 as borrowers face higher repaymentsUK mortgage approvals slumped in September amid mounting signs of stress in the property market, according to official figures before the Bank of England’s next decision…
Britain’s biggest mortgage lender forecasts 5% drop over this year and another 2.4% decline in 2024UK house prices will continue to slide this year and in 2024 and will not start to recover until 2025, Lloyds Banking Group has forecast.The lender, whic…
Manifesto promise won’t be implemented until after potentially lengthy court reforms, Downing Street saysMinisters have been accused of betraying renters after Downing Street confirmed that a promised ban on no-fault evictions will be delayed until pot…
UK housebuilder’s sales also dented by absence of government’s help-to-buy schemeBusiness live – latest updatesBritain’s biggest housebuilder has warned of a tough market, with would-be buyers still struggling to secure an affordable mortgage.With peop…
Rightmove says 0.5% rise is smallest for time of year since financial crisis 15 years ago as higher interest rates hit homeUK house prices are rising at the slowest rate for this time of year since the 2008 financial crash, according to new data that h…
Researchers’ analysis of DNA suggests housing circumstances ‘get under the skin’ and are associated with significant health consequencesLiving in a privately rented home is linked to more rapid biological ageing, according to researchers who tested DNA…
High mortgage costs result in sixth straight month of sellers being forced to reduce prices, says HalifaxBusiness live – latest updatesUK house prices fell at the fastest annual rate in 14 years in September, as high mortgage costs fuelled a sixth cons…
Average rental property receives three times more enquiries from prospective tenants than in 2019Business live – latest updatesPrivate home rents in Great Britain have increased to their highest point on record after shortages in supply and mortgage ra…