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01.06.26 - 17:06
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UK house prices fall for first time this year amid rising mortgage rates (The Guardian)
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Nationwide finds typical price was £278,024 in May, as Savills says Iran war has 'fundamentally changed' outlookBusiness live – latest updatesHouse prices fell in the UK for the first time this year in May, as rising interest rates triggered by the war in Iran hurt homebuyer demand.The price of the average UK home dropped 0.6% in May compared with the month before, according to the lender Nationwide. Continue reading......
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01.06.26 - 10:18
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UK Nationwide House Prices Fall In May (AFX)
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LONDON (dpa-AFX) - UK house prices declined for the first time this year amid high uncertainty over the developments in the Middle East and its impact on inflation and market interest rates, data ......
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31.05.26 - 03:36
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Spain′s property market sees boost as Hongkongers, others, depart the UK and Canada (SCMP)
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Hong Kong families in the United Kingdom and Canada are facing deep uncertainty due to shifting immigration policies and the rising cost of living, and some are looking for alternative destinations to settle.
Property agents said Spain's Non-Lucrative Visa (NLV), designed for retirees and anyone who can support themselves without employment, had become one of their top choices.
The NLV provides a pathway for citizens outside the European Union and the European Economic Area who have enough......
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20.05.26 - 08:18
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Scrap stamp duty and council tax to fix London housing crisis, thinktank says (The Guardian)
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Centre for London report finds levy on property wealth would free up homes, fund social housing and help renters save for depositsStamp duty should be scrapped and replaced with a new property wealth tax to fix London's housing crisis, a leading thinktank has proposed.A report on the capital's property market suggests an annual tax to replace the levy paid when buying a property and council tax would encourage downsizing and raise funds for social housing. It would also help renters to save a house deposit. Continue reading......
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18.05.26 - 17:06
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A house for £1? What a day at a property auction taught me about the UK housing crisis (The Guardian)
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Some of the homes have been repossessed, while others are being sold off by debt-laden housing associations. Who buys them – and who will end up living there?Amid the high-stakes bustle of numbered paddles shooting up and gavels banging down, an unexpected voice calls desperately from the corner of the auction room. “That's my house,” shouts the woman, watching her home of 20 years up for sale.“I live there. You can tell the people who are bidding I'm not coming out of my house,” she continues. Continue reading......
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14.05.26 - 01:12
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Housing market in England and Wales weakening due to Iran war, say estate agents (The Guardian)
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Homebuyers more cautious due to possible mortgage rate rises and higher inflation as sellers sit on propertiesFears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents.Demand from potential homebuyers across England and Wales has shown a “noticeable softening” recently, according to a monthly survey of estate agents by the Royal Institution of Chartered Surveyors (RICS). Continue reading......
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09.05.26 - 12:30
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UK house price growth halved as Iran war fallout hits housing market (The Guardian)
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Halifax says cost of typical home fell by 0.1% in April, the second consecutive monthly drop, with pace of annual growth down from 0.8%. to 0.4%Business news – live updates UK house prices fell for a second consecutive month in April, as Halifax halved its estimate for the annual rate of growth owing to the conflict in the Middle East.Halifax, which is part of Lloyds – Britain's biggest mortgage lender – said that the cost of a typical UK home fell by 0.1% in April, to £299,313. This followed a 0.5% fall in March. Continue reading......
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08.05.26 - 11:01
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UK House Prices Fall For Second Month: Halifax (AFX)
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LONDON (dpa-AFX) - UK house prices dropped for the second straight month in April as geopolitical tensions drive inflation higher and trigger interest rate hike concerns, data published by the mor......
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