UK Property

UK Property

Doctors’ surgeries bid battle is shot in the arm for UK property

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.What better place to test the health of the UK property market than a doctor’s office? A takeover battle for NHS landlord Assura — which involves a private equity bidder slugging it out with a listed competitor — has renewed the debate over the future of the City of London. Assura, which owns a portfolio of mainly GP surgeries and healthcare centres, seemed set to become the latest in the procession of...
UK Property

What’s going on with UK house prices?

The latest house price data feels about as clear as mud. According to Rightmove, there was a smaller than usual monthly increase of 0.6 per cent in May, leaving prices up just 1.2 per cent on this time last year. But by Nationwide’s measure, annual house price growth was a more buoyant 3.5 per cent. And according to the official UK House Price Index (HPI), the latest monthly rise was 1.1 per cent, leaving house prices 6.4 per cent higher year on year.IndexRightmoveNationwideUK HPIMonthly house price increase (%)0.60.51.1Annual house price...
UK Property

Major Keir Starmer arson attack investigation update as 4th man arrest | UK | News

A fourth man has been arrested for the arsons related to Prime Minister Sir Keir Starmer's property.The 48-year-old was arrested at Stansted airport today, the Metropolitan Police have confirmed.He was initially stopped by officers under schedule 7 of the Terrorism Act, 2000, before being arrested on suspicion of conspiracy to commit arson with intent to endanger life.The arrest is connected to an investigation into a series of fires and suspected arson attacks across North London last month. They included: vehicle fire in NW5 on Thursday, 8 May; a fire at...
UK Property

“I’m a property expert – here’s why this area is becoming one of Derbyshire’s most desirable property hotspots

Offering great value for money, a community feel and plenty of green spaces, one part of Derbyshire is rapidly emerging among the county’s most in-demand places to live.The area between Calow and Bolsover was once seen as just a corridor from Chesterfield town centre to the hospital, but now it is becoming a real property hotspot.Chloe McKenzie, Property Consultant at Redbrik Estate Agents, says demand in this region has surged over the last 12 months, fuelled by a blend of affordability, lifestyle appeal and the area’s strategic location.Chloe said, “We’re...
UK Property

Public debt and trade tensions weaken UK economic growth, OECD says

Dearbail Jordan and Mitchell LabiakBusiness reporters, BBC NewsGetty ImagesUK economic growth will suffer because of US tariff barriers and high interest payments on government debt, an influential global policy group has said.The Organization for Economic Co-operation and Development (OECD) cut its expectations for UK growth this year to 1.3% from the 1.4% it had predicted in March.The think tank has cut forecasts globally due to trade tensions, but said the UK faced particular issues due to its "very thin" buffer in public finances, calling on Chancellor Rachel Reeves to boost...
UK Property

What the mixed economic signals mean for property investors in the UK

The UK economy continues to send a blend of cautious optimism and underlying uncertainty, driven by improving domestic indicators on the one hand, and global volatility on the other. For UK property investors, interpreting these mixed signals is critical to shaping resilient strategies amid a fast-moving environment. Recent developments, including the Bank of England’s latest rate cut to 4.25%, a stronger disinflation trend, and real income growth, offer a more stable foundation. Yet persistent geopolitical risk, trade tensions, and structural headwinds continue to weigh on the longer-term outlook. Positive signals:...
UK Property

UK House Prices Surge 3.5% in May 2025 Amid Economic Recovery, ET RealEstate

LONDON: British house prices in May were 3.5% higher than a year earlier, monthly data from mortgage lender Nationwide showed on Monday, after an unexpected 0.5% monthly increase largely reversed a fall in April.Economists polled by Reuters had forecast a 0.1% monthly increase and a 2.9% annual increase.The seasonally adjusted monthly increase was the largest since December, while the annual gain was the second-smallest since October, after April's 3.4% rise. British property sales surged in March as buyers sought to complete transactions before the end of a partial exemption on...
UK Property

Fourth man detained at UK airport over property attacks

Keir Starmer arson plot: Fourth man detained at UK airport over property attacksA fourth man has been arrested for being involved in several fire attacks linked to UK Prime Minister Sir Keir Starmer.These fires involved two buildings and a car connected to Starmer, with the aim of putting lives at risk. "The 48-year-old man was detained at London Stansted Airport on Monday and is being questioned on suspicion of conspiracy to commit arson with intent to endanger life, the Metropolitan Police said," reported Sky News.Previous arrests over UK Prime Minister...
UK Property

UK house prices on rise again after April dip – here’s why | Personal Finance | Finance

House prices in the UK picked up again in May, helped by favourable market conditions for buyers, according to Nationwide Building Society.Prices rose by 0.5% compared to April, when they had fallen by 0.6%. The average property now costs £273,427. On a yearly basis, prices were up 3.5%, a slight increase from April’s 3.4% rise. Nationwide said the market remains “supportive” for those looking to buy. Robert Gardner, Nationwide’s chief economist, said: “Despite wider economic uncertainties in the global economy, underlying conditions for potential home buyers in the UK remain...
UK Property

UK house price growth in May exceeds forecasts

Stay informed with free updatesSimply sign up to the UK house prices myFT Digest -- delivered directly to your inbox.UK house prices rose more than expected in May, supported by low unemployment and strong wage growth, the lender Nationwide said. The average cost of a property rose 0.5 per cent between April and May to £273,427, mostly reversing the 0.6 per cent fall in the previous month, showed data released on Monday.Prices rose at an annual rate of 3.5 per cent, up from 3.4 per cent in the previous month....
1 39 40 41 42 43 67
Page 41 of 67