Archive | Property

Property market braces for shockwaves from landmark leasehold case

Appeal court ruling could halve the cost of extending leases or buying freeholds for 2.1m households in England and Wales One of Britain’s richest men, the Duke of Westminster, could see the value of his estates plummet this week if a landmark legal challenge is successful. The case could also benefit 2m households across England […]

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House prices stabilise as number of homes on the market falls

Property values rise slightly for the second month in a row even as transactions and mortgage approvals decline A shortage of homes for sale has kept house prices rising despite falling consumer incomes and political uncertainty, according to Nationwide. The building society said the price of the average house went up by 0.3% in July to […]

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