Cost of living crisis
London office values correct faster than Europe, offering ‘rare’ entry point for investors
2023-09-25T09:24:00+01:00By Madeleine Knight
London office values are correcting faster than almost every counterpart market in Europe, new data analysed by BNP Paribas Real Estate has found.
Real Estate Investors hit by worse economy since global financial crisis
2023-09-25T09:11:00+01:00By David Parsley
Net tangible assets (NTA) at Midlands-based Real Estate Investors nudged down during the six months to the end of June as investment levels hit their lowest point since 2008.
Was housing really trussed by Liz?
2023-09-22T08:42:00+01:00By Alastair Stewart
Blink and you’d have missed them, but a year on from Liz Truss and Kwasi Kwarteng’s widely derided clanger of a ‘mini Budget’, housebuilders and estate agents are still reporting the aftermath. Imagine if the former prime minister and chancellor had unleashed a ‘maxi Budget’?
Landlords rely on good contractors
2023-09-21T08:53:00+01:00
Editor: The Housing Ombudsman’s annual review reported tenant complaints rose 104% in 2021-22, with 66% of these focusing on repairs. It seems that dissatisfaction with landlords and management companies is at an all-time high, something that has been exacerbated by concerns about the cost-of-living crisis and rising interest rates.
US rate hike emphasises UK is far from ‘out of the woods’
2023-08-03T00:00:00+01:00By Madeleine Knight
Experts from both sides of the pond say predicting where interest rates will peak and if they’ll fall again is key.
Nationwide reveals biggest annual house-price fall since 2009
2023-08-01T10:00:00+01:00By Madeleine Knight
UK house prices decreased 8.8% in July, representing the largest fall on record since 2009, according to Nationwide’s index.
Businesses must predict household vulnerability during cost-of-living crisis
2023-07-25T10:06:00+01:00
In the latest episode of PropCast, Andrew Teacher sits down with data science firm Outra’s Peter Jackson and the Vulnerability Registration Service’s (VRS) Helen Lord to discuss a new partnership from the two organisations which suggests that nearly 2.5 million British households are at high risk of vulnerability.
Jefferies’ Mike Prew on the stubborn market
2023-07-19T06:00:00+01:00By Mike Prew
As the holidays approach, every parent’s car journey nightmare is kids at the end of their tether with choruses of “Are we there yet?” REIT share prices are being defined by stubborn inflation but the UK, it seems, is also nowhere near arriving at the 2% target.
Blend’s David Alcock on why Sunak cannot afford to put housing on the backburner
2023-07-12T06:00:00+01:00By David Alcock
At a time when Britain is suffering from a severe housing crisis, especially in the most prosperous places in the Greater South East, this government has taken an increasingly anti-housebuilding and anti-business policy environment stance that is threatening to leave thousands of much-needed new homes on the drawing board and ...
House prices fall at fastest rate in 12 years, Halifax finds
2023-07-07T08:16:00+01:00By David Parsley
House prices fell at the fastest annual rate seen in 12 years in June, according to the latest Halifax index.
Halifax reports first annual UK house price drop in over a decade
2023-06-07T11:30:00+01:00By Jamie Bennett-Ness
Halifax has reported the first annual decline for UK house prices in over a decade, with the price of an average home down 1% compared with a year ago.
Property’s contribution to UK economy shows healthy recovery
2023-06-01T00:00:00+01:00By Mel Flaherty
The property industry’s contribution to the UK economy showed a healthy recovery from the impact of the Covid-19 pandemic in 2022, with higher levels of jobs, outputs and turnover, tax revenue to the exchequer and capital investment, a report from the British Property Federation (BPF) shows.