Tag:Real estate

Gap between average rents in north and south of England shrinks to lowest level

The gap in rents paid by those in the north and south of England has closed to its lowest level in at least 11...

Barratt profits plunge 75% as number of houses built slumps

Barratt Developments has suffered a 75% drop in annual profit and a double-digit decline in home completions after a “challenging” year for Britain’s biggest...

John Lewis submits £80m plan to turn Reading depot into rental flats

The owner of John Lewis has submitted plans for the £80m development of 215 rental flats on the site of its unused Reading distribution...

Manchester named top hotspot for first-time buyers in Halifax study

Manchester has been named the “first-time buyer capital of Britain” after data revealed that those taking their first step on the property ladder accounted...

Can new towns give Keir Starmer the answer to Britain’s housing crisis?

The best way to view Ebbsfleet is from a low hill above the muddy banks of the Thames estuary. Here, between the chalk cliffs,...

Housing market at its strongest since Truss mini-budget aftermath

The UK housing market is at its strongest since the aftermath of Liz Truss’s infamous mini-budget that sent borrowing costs soaring, according to the...

First-time buyers made up 48% of house hunters in London this year, data shows

Almost half of house hunters in London at the beginning of this year were first-time buyers as cheaper mortgage deals slowed the exodus from...

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Why is the Bank being cautious in delaying rate cuts?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that...
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Axel Springer’s media assets to be split off in €13.5bn KKR deal

Axel Springer has struck a €13.5bn (£11.3bn) deal that will see its media assets, which include Politico, Business Insider...

U.S. Taxpayer Data at Risk? LockBit Ransomware Claims Attack on IRS-Authorized eFile

Sensitive tax information of citizens in the U.S. could potentially be stolen after the notorious LockBit ransomware group...

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