housing market

Flat block owners to get right to add floors with no permission needed

Flat block owners to get right to add floors with no permission needed

Ministry’s move to allow two storeys to be added to blocks aims to boost homeownership The shadows are about to lengthen across suburbia. Property owners are to be granted new rights to install extra
UK house price recovery at mercy of coronavirus, warns Halifax

UK house price recovery at mercy of coronavirus, warns Halifax

Bank says Brexit worries are no longer holding back sales but virus could hit property marketHouse prices hit a fresh peak in February, according to Halifax, but the bank issued a warning about the
UK house price recovery at mercy of coronavirus, warns Halifax

UK house price recovery at mercy of coronavirus, warns Halifax

Bank says Brexit worries are no longer holding back sales but virus could hit property marketHouse prices hit a fresh peak in February, according to Halifax, but the bank issued a warning about the
UK house prices rise at fastest rate for 18 months

UK house prices rise at fastest rate for 18 months

Increase in home values comes as estate agent Foxtons reports £8.8m lossUK house prices have risen at their fastest rate since mid-2018, after December’s decisive election result triggered a rebound
Watchdog to act as homebuyers 'misled and overcharged'

Watchdog to act as homebuyers 'misled and overcharged'

Competition and Markets Authority says it will do all it can to help leaseholdersAn investigation by the competition watchdog has found “troubling evidence” that leasehold homeowners and prospective
House prices rise in every region of UK for first time in two years

House prices rise in every region of UK for first time in two years

Land Registry figures show annualised increase of 2.2% in DecemberHouse prices have increased in every region in the UK for the first time in two years, as the Conservative party’s election victory
House prices rise across UK for first time since July 2018

House prices rise across UK for first time since July 2018

Optimism returns to housing market, with some crediting ‘Boris bounce’ for revival House prices rose across the UK for the first time in one and a half years last month as optimism returned among
UK house prices rising at fastest rate since February 2018

UK house prices rising at fastest rate since February 2018

Halifax shows rate of growth at 4.1%, partly due to sales delayed amid 2019 uncertaintyUK house prices are rising at their fastest annual rate for nearly two years, according to Halifax, prompting
UK house prices rising at fastest rate since February 2018

UK house prices rising at fastest rate since February 2018

Halifax shows rate of growth at 4.1%, partly due to sales delayed amid 2019 uncertaintyUK house prices are rising at their fastest annual rate for nearly two years, according to Halifax, prompting
Number of new UK homes registered to be built hits 13-year high

Number of new UK homes registered to be built hits 13-year high

Rise of 1% to 161,022 properties in 2019 remains far short of government targetThe number of new homes registered to be built in the UK last year rose 1% to a 13-year high – but is still far below the
Thousands trapped in limbo by post-Grenfell fire safety standards

Thousands trapped in limbo by post-Grenfell fire safety standards

Mounting confusion about cladding has forced many to rent – or live in unsaleable homesIt was in April 2018 that Danyal Aziz reserved a shared-ownership flat at the Paragon in Ilford, east London. The
How has Brexit vote affected UK economy? January verdict

How has Brexit vote affected UK economy? January verdict

Each month we look at key indicators to see what effect the Brexit process has had on growth, prosperity and tradeIs uncertainty lifting? Experts debate the dataUK economy close to turning point on
Bank of England’s interest rate decision is finely balanced | Larry Elliott

Bank of England’s interest rate decision is finely balanced | Larry Elliott

A post-election bounce fuelled by the housing market means rate setters will seriously consider a rise Evidence of a post-election bounce in the economy continues to mount. Business surveys have
‘They're Going to Be Hidden’: Here’s What Happens When Cities Try to Count Their Homeless

‘They're Going to Be Hidden’: Here’s What Happens When Cities Try to Count Their Homeless

VICE News rode around with a group of volunteers in Phoenix, where rent is rising faster than any other major city, while they tried to survey the city's homeless population.
UK house price growth at 14-month high, says Nationwide

UK house price growth at 14-month high, says Nationwide

January property values are 1.9% higher than a year ago and average price stands at £215,897Annual house price growth across the UK jumped to a 14-month high in January as confidence returned to the
UK banks approve highest number of mortgages since 2015

UK banks approve highest number of mortgages since 2015

Bank of England could be more likely to leave interest rates on hold amid property upturnThe number of mortgages approved by Britain’s high street banks jumped to the highest level for almost five
The health of the economy in nine charts

The health of the economy in nine charts

Taken together, these nine economic indicators can give investors a sense of where things are—and where they might be headed.

Home ownership among young people rises after decade of decline

Help-to-buy scheme has helped 25- to 34-year-olds get on property ladder, say analystsThe proportion of 25- to 34-year-olds who own their own home in England has increased for the first time in over a
UK house prices rise at fastest rate on record

UK house prices rise at fastest rate on record

2019 general election result provided period of ‘stability’ following Brexit uncertainty UK house prices rose over the last month at the fastest rate on record for the time of the year, as sellers
UK house sales rising after Boris Johnson's election win – Savills

UK house sales rising after Boris Johnson's election win – Savills

Estate agent says buyers are regaining confidence but full effect of Brexit is still unknownThe estate agent Savills has said it is benefiting from a “Boris bounce” that has driven an increase in UK