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Property & Planning · LondonMansion tax fears hit £2m-plus home sales
Homes valued at more than £2 million are significantly less likely to sell than less expensive properties, according to new analysis. The findings come amid concerns about the impact of Labour's planned mansion tax, due to be introduced in April 2028.
London3 min readTrust 64 · Craft 87 · Hype 30
Property & Planning · WestminsterJohn Griffin sells Regent's Park home for £9.2m loss
Addison Lee founder John Griffin has sold his six-bedroom Regent's Park mansion for £11.5 million, incurring a loss of approximately £9.2 million. The sale occurred shortly after a tax tribunal ruling against him.
Westminster3 min readTrust 74 · Craft 95 · Hype 25
Business · LondonSuper-rich worth £121bn loosen UK ties since 2024
An analysis of Bloomberg’s Billionaires Index reveals that UK-resident super-rich individuals with a combined net worth of £121 billion have either left the UK or reduced their ties since the Labour government took power in 2024. This trend has prompted debate about the UK's attractiveness to high-net-worth individuals.
London4 min readTrust 68 · Craft 71 · Hype 65
Property & Planning · LondonCheapest London postcodes revealed
New figures reveal the SE28 postcode area, covering Thamesmead, as the cheapest place to buy a home in London. With an average price of £327,486, it is followed by DA8 in Erith at £348,468.
London2 min readTrust 44 · Craft 67 · Hype 15
Property & Planning · LondonLondon house prices: Kensington and Chelsea least affordable
New analysis reveals Kensington and Chelsea as London's least affordable borough for homebuyers, with average property prices 17.3 times average earnings. Barking and Dagenham remains the most affordable borough.
London3 min readTrust 70 · Craft 70 · Hype 20
Property & Planning · All LondonWest Wickham sellers cut asking prices by £16,262 on average
Analysis of 1,509 Bromley sales reveals West Wickham owners lowered their asking prices by an average of £16,262, the steepest discount in the borough. Across all postcodes the average cut was £14,615, while Swanley saw the smallest reduction.
All London3 min readTrust 74 · Craft 72 · Hype 25
Property & Planning · LondonLondon flats struggle to sell as market slumps
The market for flats in London is experiencing a significant downturn, with a high percentage failing to sell within six months. Factors such as increased mortgage rates, service charges, and building safety concerns are contributing to the slump, impacting owners and the wider housing supply.
London4 min readTrust 74 · Craft 87 · Hype 15
Property & Planning · LondonLondon buyers need £35,500 more for deposits
Londoners face a significant hit to their property buying power due to increased mortgage rates. Buyers in the capital now need an additional £35,500 for a deposit to afford the same home with identical monthly repayments.
London3 min readTrust 60 · Craft 60 · Hype 40
Property & Planning · LondonLondon house prices fall 3.1% in year to July 2026
House prices in London have seen an annual decline of 3.1% in the 12 months to July 2026, with the average asking price now standing at £646,451. Commuter towns such as Haywards Heath and Maidenhead experienced more significant drops.
London3 min readTrust 74 · Craft 79 · Hype 32
Property & Planning · LondonLondon Richmond Limited enters administration after house price drop
Luxury property developer London Richmond Limited has entered administration, appointing BTG Begbies Traynor as administrators on 12 August 2026. The collapse follows an 8-year record fall in UK house prices, with London’s average asking price dropping 3.1% annually, according to Rightmove.
London4 min readTrust 74 · Craft 77 · Hype 15
Property & Planning · LondonLondon new-build sales drop 37% as 4,629 homes sit unsold
Sales of new homes in London fell to 5,606 in the first half of 2026, a 37% drop on 2025. 4,629 completed units remain unsold, valued at £3.5bn, while 56 developments totalling 3,913 homes have been paused across the capital.
London5 min readTrust 42 · Craft 55 · Hype 65
Property & PlanningWalthamstow faces two 300-room co-living schemes as council weighs first bid
Waltham Forest Council is considering a 310-room co-living development in Wood Street, while a second 319-room scheme is proposed for the troubled Stow Bazaar site on Walthamstow High Street. Both projects promise communal spaces and green design, but local traders report security and maintenance failures at the current market.
4 min readTrust 58 · Craft 73 · Hype 21