Private rent in Britain now swallows 44% of the average wage Monthly cost jumps to record £1,385 outside London, and £2,736 in the capital, with hotspots showing hefty rises
Right to buy in reverse: how Brighton is tackling its social housing crisis The council is rolling back Thatcher’s flagship policy by buying stock from private landlords. Other local authorities should take note
Foxtons shares drop sharply after it warns of ‘subdued’ pre-budget sales Economic uncertainty along with possible changes to property tax are deterring buyers, says estate agent
Housing market slows amid fears Reeves will increase property taxes Post-summer bounce in activity fails to materialise as buyers and sellers, in the south especially, opt to ‘wait and see’
Generational shift as millennials make up half of new buy-to-let investors in England and Wales Surprise finding by Hamptons shows age group comprises 50% of all new shareholders in firms set up this year
Tory plan to abolish stamp duty ‘will benefit London and the wealthiest the most’ – as it happened The Social Market Foundation thinktank says council tax reform and a property-based tax would be more sustainable and fairer
Lifetime of earnings not enough for UK workers to join wealthiest 10%, report says Research finds it would take average worker saving all their earnings for 52 years to match wealth of richest 10th of society
UK house price growth slows as buyers show caution before budget Cost of a typical home fell £794 to £298,184 in September after 0.2% monthly rise in August, says Halifax
UK ministers aim to speed up homebuying by four weeks Proposed government overhaul of house purchase process looks at shifting some costs from buyers to sellers
UK house prices return to growth amid ‘broad stability’ in market Nationwide says prices rose by 0.5% in September after August drop, lifting average price of property to £271,995
B&Q’s owner defies the gloomsters. But it wasn’t unpredictable Tightly run DIY retailer benefits from trade customers and good weather
London homes 500m from station ‘command £42,700 premium over those 1,500m away’ Nationwide survey in London, Manchester and Glasgow shows pandemic trends may be reversing as more people return to office
Barratt Redrow warns of budget uncertainty affecting property market UK housebuilder reports 33% rise in revenue and 26% increase in profits but says possible tax and duty rises risk unsettling buyers
More than 40% of private renters ration energy use to afford bills, study finds Citizens Advice says 4.5 million people in England and Wales had to cut use, with some skipping hot meals and wearing gloves inside
UK banks face lawsuits over mortgages that left people with huge debts Group actions against Barclays and Bank of Scotland over products that left some people owing up to 20 times the sum they borrowed