UK Property

The new developer will become operational later this year and ‘attract public and private investment’ to build homes on unused land in the UK’s rail estate, the government said on Thursday (27 March).  The property company will be ‘created between’ Network Rail, which owns and maintains the UK’s rail network, and London & Continental Railways (LCR), an existing state-owned development company.  The Treasury named four sites which are ‘in the pipeline for development’ by the new company. These are:  Newcastle Forth Yards: a 40.5ha site by the Tyne, to the...

Many or all of the products and brands we promote and feature including our ‘Partner Spotlights’ are from our partners who compensate us. However, this does not influence our editorial opinion found in articles, reviews and our ‘Best’ tables. Our opinion is our own. Read more on our methodology here. Table of Contents What is happening to house prices in the UK?House prices in the UK dipped slightly lower in February, according to Halifax. A 0.1% drop in values over the month leaves the average UK house price at £298,602....

With the news of the latest HMRC Property Transactions Data being released today, industry experts and professionals have been sharing their views and thoughts with us. Thomas Lambert, financial planner at Quilter said: “The property market has clearly sprung into action, with residential transactions jumping 28% year-on-year and 13% compared to January. A big driver behind this flurry of activity is the looming change to Stamp Duty in April, which is pushing buyers to get their deals done before tax bills rise. We’d expect to see March’s figures climb even...

The 10 UK towns and cities that have experienced the highest property price increases outside of London have been named. Analysis of median house prices showed that increases were highest in towns in Surrey Heath, Solihull and Leicester.  1 Surrey Heath  The study carried out by Online Marketing Surgery and BLG Development Finance, as reported by the Daily Express, showed that Camberley Town had the highest percentage increase outside of London with a 75.8 per cent jump.  A typical property in Camberley Town in March 2023 would have cost a homeowner £347,750...

Lauren had been living in Los Angeles for close to 10 years when she decided she was ready to buy a home - but found she was outpriced in her home countryLauren found the perfect home close to Florence(Image: Anadolu via Getty Images)After a decade in Los Angeles, 29-year-old American Lauren Scott was ready to take the plunge and buy her own home. She embarked on her property journey back in 2019 with a hefty $400,000 (£309,900) budget but as 2020 brought in the pandemic, she found herself outpaced by...

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s state-backed pension scheme said its plans to invest 30 per cent of its portfolio in private markets by 2030 was “not a guarantee”, arguing it would not compromise on value to meet the target.  The National Employment Savings Trust plans to increase its private market exposure from a current level of about £8bn to £30bn over the next five years, following a government push for more investment in UK infrastructure. But...

Increasing numbers of Britons now own their home without a mortgage, government figures have revealed.In 2023/2024, 37 per cent of households owned their homes outright, according to the Department for Work and Pensions' latest Family Resources Survey.It is less than the 28 per cent of homes owned with a mortgage, revealing a widening gap between those who own their home outright and those who don't. Over the past ten years, the number of people owning outright has risen from 33 per cent to 37 per cent of households.The percentage of households...

Last week, Helen Pugh - Property Professional, tweeted Theo about her business during ‘Small Business Sunday’ and was one of six weekly winners to gain a repost by Theo to his half a million Twitter, 50k+ Instagram and almost 300k LinkedIn followers. The weekly initiative, set up by Theo in 2010, now has over 4,000 #SBS winners and supports small businesses in the UK. 2025 sees the 15th anniversary of #SBS Small Business Sunday, since Theo launched it in October 2010.Business and retail entrepreneur and self-confessed Shopkeeper, Theo re‐shared Helen's message to...

A FRAUDSTER splurged £8.5million on a speedboat and supercars after carrying out one of Britain's biggest-ever property cons.Anopkumar Maudhoo swindled dozens of victims by selling them homes he did own across London and the South East.3Anopkumar Maudhoo bought a speedboat with his fraud moneyCredit: Central NewsThe 45-year-old then used his ill-gotten gains to fund a luxury lifestyle.When he was arrested last year, police seized a speedboat and 22 supercars, including Ferraris, Lamborghinis and Aston Martins.Maudhoo is now facing jail after he admitted 31 charges including 14 counts of fraud by...

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s state-backed pension scheme said its plans to invest 30 per cent of its portfolio in private markets by 2030 was “not a guarantee”, arguing it would not compromise on value to meet the target.  The National Employment Savings Trust plans to increase its private market exposure from a current level of about £8bn to £30bn over the next five years, following a government push for more investment in UK infrastructure. But...