UK property

UK’s Savills sees property slowdown as Iran war weighs on market 

BRITISH property company Savills warned on Wednesday of a slowdown in residential property transactions in its UK and Middle East markets, as the Iran war fuels uncertainty around global interest rate...

The UK government says building owners in the country will need to meet tougher standards for energy efficiency in order to be able to lease commercial properties.

Thousands of London offices ‘risk obsolescence’ under new energy efficiency rules

Landlords will struggle in new regulatory environment given ‘huge scope’ of challenges ahead, according to a property consultant

The improvement in real estate seen in 2025 on the back of a benign outlook for borrowing costs has been upended by the Iran war.

Billionaire Duke of Westminster to sell £700 million of US real estate assets

Agents are being appointed to market those assets on a case-by-case basis

Estate agents on balance expect reduced sales and declining house prices over the coming months after average fixed mortgage rates surged back above 5%.

UK homebuyer demand slumps as borrowing costs spiral

Gauge tracking new buyer enquiries in March plunged to the lowest since August 2023

Property prices across the country have increased by 5% since 2021 during a patchy time for the housing market.

English homes most affordable since 2015, deposit hurdle remains

Affordability in London has improved faster than any other region

The change is most dramatic in London, where the RICS’ index dropped to seven in February from 56 the month before.

UK home sales seen taking short-term hit as war damps sentiment

Agents still see house prices increasing over the next 12 months

HSBC Holdings has previously cited similar flood-risk figures to its UK peers.

UK floods raise spectre of ‘mortgage prisoners’ across banks

In England, there are already 6.3 million properties in areas at risk of flooding

Inner London’s decline is the steepest for a calendar year since 2008, when prices plummeted almost 13% in the wake of the credit crunch and subsequent recession.

Inner London home prices see biggest drop since financial crisis

Prices are down 4.6% for inner city boroughs in December, compared with a year earlier

Across the UK as a whole, RICS said new buyer enquiries improved in January, alongside agreed sales.

London’s house price slump to bottom out, RICS survey says

The monthly study is closely watched for indications of where the UK property market might be heading

Housebuilding remains plagued by sluggish demand, weak client confidence and a lack of new project starts, making it the weakest construction sub-sector.

UK builders hopeful of turnaround as PMI shows slowdown easing

Builders across sectors continue to struggle with cost pressures eating into their margins