- Homeownership
Your First Home scheme sets £140,000 London income cap and £4.7bn lending
The government says buyers can use a 2.5% deposit and a 20% equity loan, with price caps of £650,000 in inner London and £500,000 in outer London.
- Homeownership
Grade II listed Malplaquet House in Mile End goes on sale for £2.2m
The 1741 Georgian townhouse has five bedrooms and about 4,400 sq ft over four storeys, and was hidden behind shopfronts for over a century.
- Investing
£35.5m build-to-rent finance backs Earlsfield scheme
United Trust Bank has lent £35.5m to Dominus New Homes for Wandle Place, a 96-apartment development in Earlsfield with a gross development value of £51.1m.
- Homeownership
London house prices fall 1% in year to September, Zoopla says
Zoopla's index shows prices down in 22 of 31 postcode areas in London and the South East, with the average London home at £523,100.
- Homeownership
Kensington and Chelsea tops ONS list of least affordable areas
ONS data shows a house-price-to-income ratio of 20.6 in Kensington and Chelsea, ahead of Richmond upon Thames at 14.5 and Camden at 13.8.
- Investing
Arada London applies for 720 co-living homes and 404-bed hotel at Elephant & Castle
The UAE-based developer has submitted plans to Southwark Council for two towers at 99-101 Newington Causeway, the former Salvation Army headquarters.
- Investing
MCR Property Group buys Holland Park hostel lease from Safestay for £3m
MCR paid £3m for the long leasehold and plans to refurbish the site and run it under a new brand, LOOP London, using its existing London hospitality team.
- Landlords
Greenwich adds HMO conversion rules as Plumstead residents ask for more
Planners recommend refusing three HMO conversions under new rules, while a 150-strong Plumstead group wants a meeting with the planning cabinet member.
- Homeownership
First-time buyer scheme income caps reportedly raised ahead of Budget
The Your First Home income limit is reported to rise to £110,000 outside London and £140,000 in the capital, ahead of Wednesday's Budget.
- Investing
Generator to open Greenwich hotel in 2027 and add Paris hostel
The hybrid hostel brand has bought the Novotel London Greenwich and agreed to convert a Paris office block, as it aims to double its portfolio by 2031.
- Homeownership
Argenta shared ownership homes go on sale in Silvertown from £97,500
Guinness Homes is selling one and two-bedroom apartments at Argenta, the first homes released at the Silvertown scheme in Royal Docks.
- Investing
Pallas Capital lends £7.5m on Tottenham industrial site with consent for 80 units
The six-month bridging loan at 50% LTV refinances a borrower's existing bridge that had come to the end of its term.
- Interiors
Minecraft-themed hotel with 69 rooms to open at Chessington in 2027
Merlin Entertainments and Mojang Studios plan a four-floor hotel beside a new £50 million Minecraft World theme park.
- Homeownership
New planning rules move more housing decisions from councillors to officers in England
From 31 October, objection numbers will no longer force a committee vote, and remaining planning committees will be capped at 13 members.
- Homeownership
Land Registry says UK annual house price growth slowed to 0.9% in August
Annual growth eased from 1.2% in July, the fourth monthly slowdown in a row, and London prices fell 2.2% over the year.
- Homeownership
Asking prices cut on 41% of homes for sale in England, eXp UK says
About 165,647 of 403,962 listed homes have been reduced, with the South East showing the highest share at 43.9%, according to eXp UK.
- Landlords
Rents fall in eight of 12 UK regions in September, HomeLet says
The national average hit a record £1,387 a month, but rents outside Greater London slipped 0.3% over the month to £1,176.
- Investing
Landsec pauses Lewisham Shopping Centre rebuild a year after approval
The owner says it is 'deprioritising' the scheme for 1,744 homes, citing tough economic conditions and a council push for more affordable housing.
- Homeownership
Sellers cut asking prices on more than 3,000 homes a day in September
Rightmove says September's daily average of price reductions was the highest of any month for 15 years, with the typical cut nearly 7%.
- Mortgages
Lower earners face high borrowing under Your First Home scheme, Tembo says
Tembo's modelling of 17 English cities finds lower earners would need more than 4.5 times income in 13, despite a 2.5% deposit.
- Homeownership
What is cash house buying and how does it work?
Leading cash house buyers Good Move share their expertise on what cash buying is and how it works. Cash house buying is an option that often suits people who need to sell their property quickly. This could be due to…
- Homeownership
Best way to repair subsidence in London is not what you think
When you discover subsidence in your home, it’s natural to panic. Cracks in walls, doors that won’t close, and sinking floors often point to a costly and stressful problem. However, according to David O’Connor, the…
- Mortgages
UK house prices surge at fastest rate in nearly two years amidst economic uncertainty
In a surprising turn for the UK housing market, house prices have surged at their fastest rate in nearly two years, despite ongoing economic challenges. According to new data, the property market has seen a sharp 5.6%…
- Investing
London Property Firm Ordered to Repay £19,000 for Unlicensed Rental and Serious Disrepair
City & Suburban Properties Ltd, a London-based property company, has been ordered to repay nearly £20,000 in rent to three tenants after failing to license a rental property as a House in Multiple Occupation (HMO). The…
- Homeownership
Boyd Hampers bets big as demand for luxury corporate gift hampers surges
Boyd Hampers, a leading name in luxury gift hampers, is boldly moving to meet the skyrocketing demand for high-end gift baskets just in time for the Christmas season. The company has announced a substantial investment…
- Investing
The types of property investors: which are you?
Navigating the world of property investment can feel like you're lost in a maze. It's not just about buying a property and hoping for the best. There are different types of property investors each with their unique…
- Investing
How to find a good property investment successfully
Navigating the world of property investment can be tricky. You're about to embark on a journey that's filled with potential rewards, but also riddled with pitfalls. Knowing how to find a good property investment is key…
- Investing
Easy tips for profitable property investment for beginners
Stepping into the world of property investment can be daunting, especially if you're a beginner. You're probably wondering where to start, what to look for, or how to make the right choice. But don't worry, it's not as…
- Homeownership
GE Capital RE to run down $7bn European portfolio, boost lending
GE Capital Real Estate is to run down its European portfolio worth some $7bn, stopping new acquisitions and building up property lending, currently over $5bn, its President Lennart Sten says. The shift, part of a global…
