As Labour commits to 1.5 million new homes, UK construction firms and suppliers gear up for a domestic building boom—despite global uncertainty and Trump’s tariff threats.
Chancellor Rachel Reeves pledges £39bn over 10 years to boost social and affordable housing, the biggest such investment in a generation, as part of Labour’s plan to build 1.5 million new homes.
New figures from the Bank of England show that high loan-to-value mortgages have reached their highest share since the 2008 financial crisis, as lenders ease affordability tests and interest rate cuts fuel risk appetite.
Labour is on track to deliver just 840,000 homes in five years – well below its 1.5 million target – amid calls for a new Help to Buy scheme to support first-time buyers.
The UK’s mortgage guarantee scheme, helping thousands of first-time buyers access 95% mortgages, is due to end this month with no confirmed replacement from the government.
Global work management platform monday.com has officially opened its largest European office in central London, marking a major investment in the UK’s tech and creative economy.
UK house prices rose in May, reversing April’s decline and signalling that the soft patch following the end of the stamp duty holiday may have been just a temporary blip.
Edinburgh’s buy-to-let market has delivered strong returns in early 2025, with new data revealing a marked shift in tenant demand and property performance across the capital.
The UK housing market is enjoying its strongest spell of activity since the pandemic-era “race for space,” with estate agents reporting a surge in buyer interest and sales agreed reaching a four-year high, according to new data from property portal Zoopla.
The UK housing market is experiencing a notable uptick in price reductions, with more than 100,000 properties having their asking prices cut in April alone, according to new data from property analytics firm TwentyEA.
