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The Latest Breaking News on Prime London property: house prices in most expensive areas close to bottoming out

Couples are staying together as they can’t afford to break up

Exclusive: ‘As the crisis deepens and mortgage rates look set to rise further, we expect this to increase,’ says partner of UK’s largest family law firm

The Independent UK

Housing markets where homes cost over £300,000 are ‘more exposed to price falls’

Four in five local housing markets currently registering annual price falls have average prices of more than £300,000

Evening Standard

Estate agents reveal 5 secrets every renter should know to secure your next rental home

Property experts share their tips and tricks on how to secure your next rental home

Ideal Home

From analysis to the latest developments in health,
read the most diverse news in one place.

Housing markets where homes cost over £300,000 ‘more exposed to price falls’

Four in five local housing markets currently registering annual price falls have average prices of more than £300,000, Zoopla said.

The Independent UK

House prices: the average London home now costs 14 times the typical household income

Only after 5.5 years of income can the top 10 per cent of London earners can afford ‘median-priced’ homes, according to the ONS

Evening Standard

The UK’s looming rental crisis

In the latest crisis to hit UK renters, private rents have risen at their fastest since 2016, according to new data published by the Office for National Statistics (ONS).

The Week

Renting in London: two thirds of renters believe they don’t earn enough to save a deposit for a home

Rising interest and mortgage rates could lead to a drop in house prices, but saving for a deposit will also become much more difficult

Evening Standard

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The Guardian view on housebuilding: Michael Gove’s urban visions can’t erase his party’s record

Editorial: Regeneration of city centres can’t make up for 13 years in which renters were neglected while construction giants profited

The Guardian - UK

We put your mortgage questions to two leading experts, here's what they said

As mortgage panic continues, we've answered the most common questions - from when mortgage rates will come down, to when you actually have to pay stamp duty

Ideal Home

Scottish Labour warns home ownership will become unaffordable as prices soar

The party was reacting to recent statistics revealed by the Office for National Statistics.

The Independent UK

Revealed: Britain’s council housing shame as majority of councils fail to build a single home

Independent investigation comes as more than 1.2 million families languish on waiting list for properties

The Independent UK

This is the average rental cost in the UK as prices reach new record high

The average monthly rental cost for properties inside and outside of London in the UK has reached a new record high, figures from Rightmove reveal.

The National (Scotland)

Rent prices hit new record as tenants facing ‘crisis like never before’

Rightmove finds record high rates in and out of London

The Independent UK

Private rents outside London have risen by a third in four years, data shows

Rightmove says average advertised rent in Great Britain is at all-time high of £1,231 a month outside the capital

The Guardian - UK

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The Guardian - UK

UK housing market forecast to avoid slump despite zero growth in prices

Rents jump by record 5.1% in a month as rental market struggles to meet demand from priced-out buyers

The Guardian - UK

‘Vast’ growth in value of England rentals since 1990 would have built 3m council homes

Exclusive: Private rentals have grown £400bn in value – making a mockery of landlords’ demands for tax cuts, say campaigners

The Independent UK

Skyrocketing interest rates forcing more households into debt, charity finds

1.7 million households set to remortgage in 2024 are anticipated to see their annual repayments rise by over £3,000 on average

Evening Standard

Resurfaced gems: 10 homes in London up for sale for the first time in years – including a listed Moorish villa

Right place, right time? These homes haven’t been on the market in decades – so a little modernising may be in order

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news in one place.

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Evening Standard

London house prices: the best and worst-performing London areas — and what to do if you have to move now

Current house price adjustments follow years of significant increases in value. Here’s which London boroughs have outperformed the rest in recent years

Evening Standard

Average 5-year fixed-rate mortgage hits 6.3 per cent deepening UK’s home loan misery

Britain’s home loan misery was growing on Friday as the average five-year fixed-rate mortgage hit 6.3 per cent.

The Guardian - UK

A crash is unlikely but the fall in UK home prices has a long way to go

First-time buyers face high mortgage rates, while soaring rents and bills hinder saving for deposits – no wonder there’s a big slowdown

Evening Standard

London rental crisis — inside the SpareRoom hellscape

The average rent for a room in London has rocketed to almost £1,000 a month, with demand massively outstripping supply. SpareRoom director Matt Hutchinson reveals the plight of Generation Rent in 2023

Evening Standard

House prices drop for Barratt Developments as rate hikes cause exodus of first time buyers

Average selling prices down 9% to £342, 900 and reservations from new mortgage holders down almost half

Evening Standard

The hidden price of WFH: home-working costs soar as mortgage crisis pushes up the true price of spare rooms

Home workers who paid a premium for a dedicated workspace have been punished by soaring mortgage payments

Evening Standard

Rental market crisis looms as landlords face ‘hike rents or sell up’ dilemma amid mortgage chaos

Rising mortgage rates are will have a severe impact on buy-to-let landlords and their tenants

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