UK Property News Recap – 02.08.2024
This week, half-yearly report cards from developer Taylor Wimpey and estate agent Foxtons showed Wimpey to be working below the expected level, and Foxtons working above the expected level. Angela Rayner laid out the government’s “plans” for future development, and Sir Michael Lyons was appointed head boy; his first task
UK Property News Recap – 26.07.24
This week, aftereffects caused by the era of cheap money coming to a close continue to resonate with those renting, hoping to buy, build or invest. The 2024 base rate cut continues to elude but eyes look with optimism to the autumn horizon. In the meantime, lenders use improving rates
UK Property News Recap – 19.07.2024
This week, the King’s Speech took centre stage as the PM, Kier Starmer, outlined the new curriculum for the autumn term through his royal mouthpiece. This he hoped would clarify his intent to deliver on his election promises and for everyone to fall in line come the new term. Change
UK Property News Recap – 12.07.2024
This week developers eagerly awaited delivery of housing promises to boost their bottom line. So, days after Labour had moved in, Rachel Reeves and Angela Raynor set up their marketing suite, enabling developers to lay out their plans for the future. Welcome to another UK Property News Recap - 12.07.2024 Rachel
UK Property News Recap – 05.07.2024
This week the UK seemed to be treading water; property news and buyers held their breath, waiting for Friday to come around so the relentless soundbites and political point-scoring we’d been subjected to for the past six weeks would end. On Thursday, finally able to have our say, the nation
UK Property News Recap – 28.06.2024
This week rates thawed under the heat, developers faced a lot of heat and annual house pricing inflation took some heat. Construction company Sig’s profits couldn’t stand up against the base rate heat and Rightmove turned up the heat on the incoming government by demanding green incentives. Welcome to another
UK Property Recap – 21.06.2024
This week comprised a cacophony of sound bites that led to a disappointing yet somewhat predictable crescendo with the Bank of England holding the base rate at 5.25%. Politicians continued to attempt to outsing the other side with their repetitive policy choruses while house price indexes reflected on the past.
UK Property News Recap – 14.06.2024
This week, manifesto waving was in full force, with each party claiming theirs was bigger and better than the others. As each side tried to belittle the other, the media and the public tried to determine fact from fiction. Political promises that housing would be different with them gave developers
UK Property News Recap – 07.06.2024
This week, the “prime” league gained traction while the Home Builders Federation provided commentary on how to improve the game as Halifax & Propertymark revealed their statistics on the latest market movement. Developer Vestry made a significant signing to Blackstone Real Estate and Regis, and Bellway reserved more seats for
UK Property News Recap – 31.05.2024
This week the house prices indices competed for column inches. Unable to agree, they jostled for space with data for April and May 2024. Discontent with just this, Rightmove and Nationwide tried to settle pre-election slowdown nerves by showing past elections have had little to no effect on enquiries. Rightmove