Reuters/Ilya Namushin LONDON — The argument that Britain’s house prices have risen in the past three or four decades due to a supply-demand issue is wrong, a new academic research paper presented to the Royal Economic Society this week suggests. Conventional wisdom in the UK market — particularly in London — is that supply is too […]

Londoners and New Yorkers regularly moan about the soaring cost of living, which includes high property prices in some of the most sought after areas in cities. However, according to Knight Frank’s “Wealth Report,” the price of prime properties — those that are bought by the world’s wealthiest people — are actually falling across the globe.   The […]

Luke MacGregor/Reuters Property tycoon Christian Candy and popstar Holly Valance Property tycoon Christian Candy and his brother Nick are fighting a £132 million lawsuit brought by developer Mark Holyoake. Candy described Holyoake’s allegations of a conspiracy to edge him out of a property deal as “preposterous”. Christian Candy also denied threatening to place so much […]

BrickVest Emmanuel Lumineau, BrickVest CEO LONDON — Online property investment platform BrickVest has raised £2 million from its second fundraising round. The Series A funding takes the current total raised by the London-based startup to £2.7 million including seed funding, and the firm expects to raise an additional £2 million by June this year. It […]

Upmarket, London-focused estate agent Foxtons is struggling to adjust to the growing slowdown in the capital’s property market and expects a “challenging” 2017. The agency — which has faced criticism in the past for embodying many of the issues young Londoners face when trying to get on the property ladder — released a trading update […]

LONDON – Years of low interest rates have created a surge in demand for property and a corresponding hike in prices across much of Europe.  Property bubbles, or “vulnerable” real estate markets, have built up in eight countries, which received warnings from the European Central Bank’s systemic risk board last November. According to Barclays credit analysts, […]