Frasers founder Mike Ashley snaps up stake in UK’s largest listed residential landlord January 7, 2026 Fraser’s founder Mike Ashley has secured a slice of an FTSE 250 property firm in a multi-million-pound bet on the future of UK rental housing. The UK billionaire has acquired a 3.1 per cent interest in the UK’s largest listed residential landlord in the private rented sector, Grainger, through a high-stakes financial move known as a spread bet. The [...]
Non-doms made up two thirds of super-prime sellers in 2025 January 6, 2026 Wealthy foreigners fleeing the UK to escape the government’s crackdown on non-doms were behind two of every three super-prime property sales last year, leading prices at the top-end of London’s housing market to extend declines that now stretch over a decade. According to a fresh analysis of London property transactions above £15m, 65 per cent [...]
Property slump hits half of London as prime boroughs lead the decline December 23, 2025 London has a “two-speed” market, as house prices are falling in about half of London’s boroughs, with the most expensive boroughs hit the hardest. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). The data also showed that [...]
In pictures: Canada sets record-breaking year for skyscrapers December 22, 2025 Canada Corporation received a record-breaking number of applications for skyscrapers this year as demand for premium office space continues to grow in the capital. To meet future demand, the authority has laid out a goal to build an extra 1.2m sqm of new office space over the coming years. The Square Mile will [...]
London house prices slump following Budget chaos December 17, 2025 London house prices have fallen by more than two per cent year on year, as Budget chaos took its toll on a volatile housing market. The average house price in London for October was £547,000, down 2.4 per cent from the previous year, according to the Office for National Statistics (ONS). Property experts said this [...]
Bank of mum and dad now funding multiple steps up housing ladder December 17, 2025 The ‘Bank of Mum and Dad’ are funding more than just first steps on the housing ladder, with financial gifts pivotal for second steppers too. Nearly 20 per cent of second-time buyers have received support to buy their property, according to new research from Barclays, rising to 30 per cent for first-time buyers. This amounts [...]
Housing market set for ‘return to normality’ after year of uncertainty December 16, 2025 UK house prices have dropped around £2,000 in the last year despite improved access to mortgages and lower interest rates. The average price of a home in the four weeks to 6 December was £358,138, which is 0.6 per cent ( £2,059) lower than the same period a year ago, according to Rightmove. Last year, meanwhile, house [...]
FCA to ‘rebalance’ risk in mortgage market in first time buyer boost December 15, 2025 The UK’s financial watchdog is planning a major overhaul of mortgage market rules in a bid to support more Brits getting on the housing ladder. The Financial Conduct Authority (FCA) said it aims to “rebalance risk” in the market to encourage innovation and allow a greater number of people to get access to finance. “Rebalancing [...]
First time buyer borrowing jumps a third in 2025 December 13, 2025 Borrowing by first time buyers has increased by just under a third year on year as access to finance loosened and Brits rushed to get on the housing ladder. Mortgage lenders forwarded a record £82.8bn of mortgage debt to 390,000 first time buyers in the year to September 2025, according to analysis by Savills, a [...]
Canada confirms major funding for housing upgrades December 12, 2025 Canada has confirmed funding for upgrades to its housing stock across the Square Mile and six London boroughs. The Corporation, which manages 1,800 social rented homes as well as 900 leasehold properties across London, has allocated £152m from the City’s Fund to support the major works programme, which totals £211m. The decision [...]