Real estate

Markets

UK needs 230,000 new rental homes to meet growing demand

The UK will need nearly 230,000 new rental homes to avoid a shortfall if the current growth in demand continues, according to a...

Markets

UK house prices now 30% higher than pre-2008 crisis peak

UK house prices hit a new high in June and are 30% higher than the peak they reached before the 2008 financial crisis,...

Markets

Cost of building work on UK homes to rise as price of materials soars

UK homeowners face higher bills for renovation work as builders grapple with soaring material costs and shortages of essentials ranging from concrete and...

Markets

London’s ‘super-prime’ luxury property market was world leader in 2020

London had the highest number of super-luxury home purchases of any city in the world during 2020, outperforming its traditional rivals of New York and...

Markets

Private rents fall in UK’s biggest cities by up to 12% amid Covid crisis

Private rents in some of the UK’s biggest city centres have fallen by up to 12% in a year but have risen sharply...

Markets

Average London house price exceeds £500,000 for first time

The average price of a property in London broke through the £500,000 barrier for the first time, official figures for November show, with pent-up demand...