Helen Ozolins
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Read this morning’s papers: House prices head lower/London commercial property deals could beat last year’s total
Round-up of today’s top property stories with quick links to the nationals.
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UK house prices head lower
UK house prices headed lower in August, falling 0.1% on the month, figures from Nationwide showed.
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London’s commercial property market has strong July
July was a strong month for central London’s commercial property market, and the total value of deals this year could exceed last year’s £17bn, according to Savills.
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Average monthly rent rises to £874 in July
The average monthly rent rose to £874 in July as the number of rental properties coming onto the market declined, data from Your Move show.
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Popularity of shared office space grows
The popularity of shared offices is growing, as companies learn to appreciate the flexibility offered by such arrangements.
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Prices on high street set to rise
Prices on the high street are set to rise as currency hedges that have protected some retailers against sterling’s decline since the Brexit vote run out, the British Retail Consortium…
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Bidding process opens for two HS2 London stations
HS2 Ltd has opened the bidding process for work on two London stations – Euston and Old Oak Common.
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Challenger bank Redwood starts operations
Redwood Bank, a challenger bank that counts Warrington borough council among its backers, has started operations.
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Read this morning’s papers: Renters needing bank of mum and dad/First-time buyers see homes rise by £55,000
Round-up of today’s top property stories with quick links to the nationals.
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Renters turn to bank of mum and dad
The bank of mum and dad does not just help with house purchases, it is increasingly needed to help with rent payments too.
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First-time buyers see homes rise by £55,000 in value over five years
First-time buyers have on average made just short of £55,000 on their homes over the last five years, according to research by Savills.
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Housebuilders not listening to local people’s views, Shelter boss says
Housebuilders are building unattractive, unaffordable houses, leading many people to oppose new developments, the chief executive of Shelter, Polly Neate, has warned.