UK Property

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....

If you happen to be a celebrity, or relatively unfamous but still with an extremely comfortable income, you may be able to afford a home in Richmond's most exclusive streets. There are near-constant rumours that well-known faces, both from the UK and abroad, are considering a move to the leafy, super-posh area in south-west London. The latest is that Ryan Gosling is buying a property that is currently being renovated. But this is most likely untrue, as a resident told the Express that they know the people who have purchased...

Stoke Bishop is one of the UK’s poshest suburbs and its house prices are a clear reflection of that. With an average property price of £832,090 and some homes being sold for upwards of £2million, the suburb is a hotspot for premium real estate.However, those wishing to live in the area - which according to The Telegraph is one of Britain's poshest - but don’t want to fork out premium prices may be in luck as potential buyers can bag a property for as low as £160k. Currently for sale on...

A traditional UK seaside town has been hailed as the "best" place for Brits to relocate to. Margate on the Kent coast is a leading holiday destination, with visitors flocking to the area for its old-world charm mixed with 21st Century culture, vintage seaside family fun as well as its theme parks and arcades.Located on the north east coast of Kent, the historic seaside town was one of the first resorts to embrace mass tourism and it has cleverly retained the nostalgic essence that first made it popular. Margate's Main...

Phil Rosenberg’s portfolio illustrates how tough it has become for UK landlords. The 44-year-old science researcher owns six properties in Yorkshire. Two are held through a limited company, where interest charges can be offset before tax, and earn a good profit. The remaining four, owned in his name, make roughly £1,000 profit each year — “less than I’d earn for a single shift each month in a bar,” he says. What’s worse is that all are on fixed-rate deals secured before 2022, when mortgage rates were very low. When each is...

"Demand remains high, and with an increasing number of lenders enhancing their affordability criteria and offering innovative borrowing solutions, there’s never been a better time for aspiring buyers to get on the property ladder."- Rachel Geddes, strategic lender relationship director at MAB Data from Mortgage Advice Bureau’s (MAB) MyMAB and Homebuying apps has revealed 67% of borrowers who’ve purchased a property in the last twelve months were first-time buyers (FTBs). The remaining percentage of borrowers was split across homemovers (19%), and those remortgaging their current property (14%).  ...

Thousands of homes in Brighton and Hove are being used as holiday lets while locals struggle to get on the property ladder, according to a new council report. Figures published by the regional authority have laid bare the extent of the popular seaside city's overtourism crisis - with up to 6,000 properties being used as short-term lets for holidaymakers in the area. The local authority is considering introducing a restrictive licensing scheme for holiday lets to ensure they don't dodge health and safety standards and are appropriately penalised for breaches...

As the UK intensifies its efforts toward sustainable growth, Biodiversity Net Gain (BNG) has become a central element of environmentally responsible property development. With new legislation making BNG a legal requirement in England from February 2024, developers are now obligated to ensure that new projects leave the natural environment in a measurably better state than it was before construction began. BNG isn’t just a guideline—it’s now part of planning law. Under this framework, developers must achieve a minimum 10% net gain in biodiversity on or near the development site. To...

With property prices continuing to skyrocket in many parts of the UK, the dream of homeownership can feel increasingly out of reach for most buyers. From eye-watering deposits to endless bidding wars, it's no wonder so many would-be homeowners are feeling priced out. But have you ever wondered which UK cities are still offering a fighting chance to get on the property ladder in 2025?A new study by Conveyancing-Solicitor.co.uk offers just that. Analysing 70 of the UK’s most populated cities using the latest data from the Office for National Statistics,...

The UK's most expensive seaside town has been named and the top spot has been swiped by a place three hours from London where you may bump into a celebrityA Lloyds Bank survey has revealed the most expensive seaside towns in the UK(Image: Getty Images)If you'd like to see how the other half live, then take a trip to sunny Sandbanks where millionaires live in luxury and high-end restaurants serve up premium feasts.According to LBC, a survey conducted by Lloyds Bank has named Sandbanks, a peninsular area in Dorset, as...