United Kingdom

Property News Headlines

London builders turn to funds as property prices drop

High-end property developers in London are restricting the supply of homes to prevent further price falls by selling entire apartment blocks to funds for rental, according to agents and investment managers.

UK annual house price growth slows to new three-year low

LONDON British house prices rose at their slowest pace in more than three years in the three months to September, figures from mortgage lender Halifax showed, adding to signs of a slowdown in the housing market after Britain's Brexit vote in June.

Britain sets out 5 billion-pound homebuilding boost

BIRMINGHAM, England Britain launched a 5 billion-pound homebuilding stimulus package on Monday, including plans to borrow 2 billion pounds to help address a long-term housing shortage that has become a major economic problem.

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