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Monthly cost jumps to record £1,385 outside London, and £2,736 in the capital, with hotspots showing hefty rises Average private rents in Great Britain have climbed to record highs, with the amount tenants are being asked to pay in some hotspots rising…
Exclusive: Housing secretary and capital’s mayor face calls from within party for rethink on homebuilding plansLabour MPs are urging ministers and the London mayor to drop controversial plans to reduce affordable housing quotas in the capital in order …
Post-summer bounce in activity fails to materialise as buyers and sellers, in the south especially, opt to ‘wait and see’The UK’s housing market is showing signs of slowing down amid speculation that Rachel Reeves could announce tax increases on proper…
Exclusive: firms run by five of the party’s councils have used legal loophole to serve section 21 noticesLabour-run councils have used a legal loophole to issue almost 200 families with no-fault eviction notices since the party was elected on a promise…
Surprise finding by Hamptons shows age group comprises 50% of all new shareholders in firms set up this yearMillennials now account for half of new buy-to-let investors in England and Wales, signalling a generational shift in landlords, while rents hav…
Leader announces tax cut plan for England and Northern Ireland in speech aimed at boosting fiscal credibilityThe Conservatives will scrap stamp duty on sales of primary residences if they win the next election, Kemi Badenoch has said in a policy-heavy …
The Social Market Foundation thinktank says council tax reform and a property-based tax would be more sustainable and fairerVoting in the Labour deputy leadership election opens today. Lucy Powell, the former Commons leader, is seen as the favourite an…
Research finds it would take average worker saving all their earnings for 52 years to match wealth of richest 10th of societyIt would take the average earner in the UK 52 years’ worth of earnings to become as wealthy as the richest 10%, according to ne…
Cost of a typical home fell £794 to £298,184 in September after 0.2% monthly rise in August, says HalifaxBusiness live – latest updatesUK house prices rose by a slower-than-expected 1.3% in the year to September, according to Halifax, the weakest annua…
Proposed government overhaul of house purchase process looks at shifting some costs from buyers to sellersMinisters are attempting to cut the time it takes to buy a home by four weeks under new proposals aimed at overhauling the housebuying process.The…