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Housing costs in London have been falling — even as they're rising in the UK as a whole. There's a reason for that, Bloomberg Opinion columnist Marcus Ashworth explains. (Source: Bloomberg)...

London's property market is in a slump. House prices in the capital have fallen 5% since their peak in 2022, according to the Land Registry, but that headline figure masks a deeper problem....

London house prices rose for the first time in seven months just before Labour's budget, ending the longest run of losses since the global financial crisis....

LONDON (dpa-AFX) - UK house prices registered its biggest monthly increase since June 2015 as market sentiment recovered following the uncertainty surrounding the Budget, property website Rightmov......

Average price of a home coming up for sale rises almost £10,000, the largest monthly jump in a decadeThe UK housing market is enjoying a new year bounce, with the average price of a home coming up for sale increasing by the largest monthly amount in a decade, data shows.The property website Rightmove said almost £10,000 was added to the average asking price of a British home in the space of five weeks. Continue reading......

Rolling coverage of the latest economic and financial newsGood morning and welcome to our rolling coverage of business, the financial markets and the world economy.The stock of homes for sale in the UK has hit its highest level in more than eight years, the property portal Zoopla has found.Growing numbers of homes for sale is evidence of a strong underlying appetite to move home for many households.Across much of southern England, there is a much greater choice of homes for sale. Buyers are price-sensitive and have more choice, so achieving the best result depends on setting a competitive asking price and attracting early interest. Homes priced too high often take longer to sell and at the risk of achieving a lower price. It is important that homeowners price carefully and seek the advice of agents to plan the right strategy for their home sale.2.15pm GMT: US industrial production and manufacturing output stats Continue reading......

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UK estate agents grew more optimistic in December as easing borrowing costs and an end to budget uncertainty lifted some of the gloom that hung over the housing market for much of last year....

Serious Fraud Office mounts seven raids on sites linked to company that raised £850m to tackle homelessnessThe Serious Fraud Office has arrested six people and raided seven sites in connection with a bribery and fraud investigation into a social housing fund.The agency estimated there had been £300m of “suspected offending” at Home Reit, which was once listed on the London Stock Exchange. Continue reading......

Vistry Group Plc sold 9% fewer homes in 2025 after uncertainty driven by the UK budget created a “subdued market” in the second half of the year....

Ban on private equity firms buying single-family homes in US raises concerns instututions could boost deepen housing crisis on BritainLeading US investors and private equity firms could step up their foray into UK new-build housing after Donald Trump's move to ban institutional companies from buying single-family homes in the US, raising concerns that investors could “cut corners and increase rents”.The US president said last week that he would ask Congress to codify the measure as he tries to address concerns that families are struggling to buy or rent a home. The median property sale price was $410,800 (£305,000) last year, according to the US Census Bureau. Continue reading......

Persimmon Plc sold more homes than anticipated in 2025, as recent reductions in mortgage rates boosted affordability....

UK house prices fell in December, according to figures from a mortgage lender that suggested Labour's tax-raising budget discouraged aspiring buyers....

LONDON (dpa-AFX) - UK mortgage approvals decreased in November and consumer credit posted a faster growth, data from the Bank of England showed on Monday. Net mortgage approvals for house purchase......

UK demand for home loans dipped to the lowest level in five months, as aspiring buyers sat on the sidelines in the run-up to Labour's tax-raising budget....

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MADRID (dpa-AFX) - Mortgage approvals from the UK and economic sentiment from the euro area are due on Monday, headlining a light day for the European economic news.At 2.00 am ET, the Turkish Stat......

Reduction follows Bank of England's base cut in December, with further cuts expected this yearHSBC has become the first major lender to cut mortgage rates this year, a move that could spark a price war over the coming months.The banking group, which is one of the UK's largest mortgage lenders, has cut rates across a range of residential and landlord buy-to-let mortgage products. The new rates come into effect on Monday. Continue reading......

I lived in the property for eight years when I bought it, but it has been let out for 29 years - and is now worth £800,000. How much tax do I need to pay?...