Britain’s property surveyors have issued the most downbeat assessment of the housing market for five years.
Royal London Asset Management (RLAM) announced the largest ever launch of a UK property fund today, with an existing portfolio worth more than £2.7bn seeded by the firm's maturing life funds.
The chancellor pledged new investment in help-to-buy and the “northern powerhouse”, but much of Philip Hammond’s speech to the Conservative conference in Manchester was dedicated to a full-scale attack on Labour and the party’s economic policies.
Prices for luxury homes in central London are forecast to fall 4% this year and will flatline for nearly two more years as Brexit uncertainty and tax changes weigh on the market, according to Savills.
Wealthy foreigners are prepared to shell out as much as £25,000 a week renting luxury homes in London without bothering to set foot inside before opening their wallets.
Labour would create a new department to tackle the housing crisis, Jeremy Corbyn will pledge at the latest rally on his tour of marginal seats.
It damaged cars with scorching reflected sunlight, has been accused of creating a wind tunnel that can topple pedestrians and has split the capital into lovers and haters.
It was one of the more unexpected football headlines of recent years: Gary Neville and Ryan Giggs opening a “hotel for the homeless”.