|
|
16.06.25 - 09:18
|
UK house prices fall in toughest sellers′ market in 10 years (The Guardian)
|
|
Rightmove says prices dropping as more properties are available and after stamp duty increases in EnglandBusiness live – latest updatesProperty asking prices slipped in June, as sellers faced the toughest competition in a decade to find buyers.The “unusual dip” in prices – by 0.3% to £378,420 – compares with an average increase of 0.4% in June over the past 10 years, according to the property portal Rightmove. Continue reading......
|
|
|
|
|
12.06.25 - 13:54
|
NCA freezes £170m of UK property belonging to ally of ousted Bangladesh leader (The Guardian)
|
|
Saifuzzaman Chowdhury's assets frozen as authorities in Dhaka investigate alleged corruption of former regimeBritain's serious crime agency has frozen UK property worth £170m belonging to the former land minister of Bangladesh amid a crackdown on former allies of Sheikh Hasina, the autocratic leader deposed in last year's student-led revolution.The National Crime Agency (NCA) confirmed that it had frozen assets belonging to Saifuzzaman Chowdhury, who is among allies of Hasina whose sizeable UK real estate portfolios have come under scrutiny by authorities in Dhaka investigating alleged corruption. Continue reading......
|
|
|
|
|
09.06.25 - 08:24
|
It′s crunch time for Starmer and Reeves: either build social housing or lose the next election | John Harris (The Guardian)
|
|
As the clock ticks down to this week's spending review, a lack of secure homes remains a defining issue in the UK. For Labour, the stakes couldn't be higherI have got used to a scene that has been repeated in wildly different places all over the UK. Close to the centre of a town or city, there will be a construction project, centred on the delivery of brand new apartments. The air will be filled with the loud clanking of machinery; a hastily finished show flat might offer a glimpse of what is to come.I have developed an unexpected addiction to these places, always photographing the hoardings that hide building work from passersby, which usually feature ecstatic thirtysomethings drinking coffee and relaxing in upmarket domestic environments (they are usually accompanied by slogans like “live, work, relax, dream”). And I have come to expect a kind of encounter that goes straight to the heart of one of our biggest national problems. Up will walk a member of the public, looking sceptically at what is un...
|
|
07.06.25 - 09:18
|
UK mortgages: 100% loans are back – will they work for you? (The Guardian)
|
|
The controversial loan has returned. We look at the deals and explain why it's worth saving up a 5% deposit or moreUK mortgage guarantee scheme due to endSaving up for a deposit is one of the biggest challenges facing would-be homeowners, who can find that each month pretty much all most of their money is being swallowed up by rent and living costs.No-deposit deals – known as 100% mortgages – can provide a lifeline, and in recent months a new crop have come on to the market. Continue reading......
|
|
07.06.25 - 07:12
|
UK mortgage guarantee scheme due to end with no news on replacement (The Guardian)
|
|
More than 53,000 mortgages have been completed using scheme, which encourages lenders to offer up to 95% loansA government scheme to encourage UK lenders to offer 95% mortgages is scheduled to end this month, with no word yet on when its replacement will be launched.The mortgage guarantee scheme went live in April 2021 to help buyers with small deposits get on the property ladder. Continue reading......
|
|
06.06.25 - 12:30
|
UK house prices fall by more than expected amid economic uncertainty (The Guardian)
|
|
Average property price drops 0.4% month on month in May to £296,648, Halifax saysBusiness live – latest updatesUK house prices suffered a steeper than expected fall last month and the biggest quarterly drop in value in almost a year, as economic uncertainty continued to affect the property market.The average property price fell by 0.4% month on month in May to £296,648, a much steeper fall than the 0.1% decline City economists had expected. Continue reading......
|
|
06.06.25 - 09:48
|
UK Halifax House Prices Fall Unexpectedly (AFX)
|
|
LONDON (dpa-AFX) - UK house prices declined unexpectedly in May after the stamp duty holiday ended in March, data from the mortgage lender Halifax revealed on Friday. House prices dropped 0.4 perc......
|
|
|
06.06.25 - 08:36
|
UK house prices drop in May; markets brace for US jobs report – business live (The Guardian)
|
|
Rolling coverage of the latest economic and financial newsTesla share plunge amid Trump feud wipes $152bn off Elon Musk's companyBritish house prices fell by more than expected in May, new figures from mortgage lender Halifax showed on Friday.Halifax said house prices fell by 0.4% in May, more than reversing a 0.3% increase in April. Economists had only expected a fall of 0.1%.The market appears to have absorbed the temporary surge in activity over spring, which was driven by the changes to stamp duty.Affordability remains a challenge, with house prices still high relative to incomes. However, lower mortgage rates and steady wage growth have helped support buyer confidence. Continue reading......
|
|
|
06.06.25 - 07:36
|
′Stress crisis′ in UK as 5m struggle with financial, health and housing insecurity (The Guardian)
|
|
Exclusive: Levels of 'multi-stress' at highest since 2008 crash, study says, with people feeling profoundly powerlessMore than 5 million UK adults are experiencing a triple whammy of financial, health and housing insecurity as British households hit levels of “multi-stress” not seen since the global economic crash well over a decade ago, research shows.One in 10 working-age adults are juggling low income and debt, insecure tenancies and high rents, and problems accessing NHS care. They are at least twice as likely as the rest of the population to report mental stress, sleeplessness and isolation. Continue reading......
|
|
|
05.06.25 - 07:06
|
Will Labour′s spending squeeze kill its big housing promise? – Politics Weekly UK (The Guardian)
|
|
Labour's pledge to build 1.5 million homes is reportedly under serious threat. What's gone wrong? And what happens if the government breaks its promise to tackle the housing crisis? John Harris talks to the political correspondent Kiran Stacey and social affairs correspondent Jessica Murray.Plus, will the chancellor's charm offensive ease concerns about the huge spending cuts expected next week? And, could Labour learn something from Robert Jenrick's social media success? Continue reading......
|
|