LONDON London's mayor Sadiq Khan will launch an inquiry into foreign ownership of property in the British capital which has helped push up housing costs, the Guardian newspaper cited him as saying on Thursday.
LONDON British house prices rose more slowly in September than in August, according to figures from mortgage lender Nationwide, adding to signs of a cooling in the housing market after voters decided in June to leave the European Union.
LONDON British lenders approved the fewest mortgages in nearly two years last month as the housing market continued to slow after June's vote to leave the European Union, raising the chance of an outright fall in prices next year.
LONDON Britain's commercial property market remains robust in the wake of a vote to leave the European Union, although a weaker economic outlook may see some prices dip over the next two years, ratings agency Moody's said.
LONDON Standard Life Investments, the fund arm of insurer Standard Life , said on Monday it planned to reopen its UK Real Estate Fund at midday on Oct. 17, after asset sales helped bolster the fund's liquidity amid a broader market recovery.
LONDON Britain's housing market showed signs of slowing in August with the number of mortgages approved by banks falling to its lowest level since January 2015 and analysts said they expected further weakness ahead as Brexit uncertainty dampens demand next year.
Five big property services firms are dropping Brexit uncertainty clauses from their valuation reports for most UK assets as market conditions steady after a sharp drop immediately after Britain's vote in June to leave the EU.
LONDON House prices in London's prime locations will fall by 9 percent this year and not grow again until 2019 as buyers, already hit by increased property taxes, wait to see the outcome of Brexit divorce talks, estate agents Savills said.
Henderson Global Investors plans to reopen the UK property fund it suspended after Britain's vote to leave the European Union, making it the fourth asset manager to lift suspensions imposed in the wake of the surprise result.
LONDON Fund manager Columbia Threadneedle said on Monday it plans to lift the suspension in trading of its UK retail property fund as investor sentiment in the sector had steadied in the weeks following Britain's vote to leave the European Union.