Emea | The Property Chronicle

UK housing slump will not be so bad

by Mark Unsworth | Mar 21, 2023 | Golden Oldie, Head Of Research

Falling property prices and mortgage approvals since last autumn are the start of a sustained correction in the housing market, in our view. An average of the Nationwide and Halifax measures showed prices in January down 3.5% from last summer’s peak, the biggest...

The performance of the UK economy is going to shock many

by Savvas Savouri | Mar 14, 2023 | Golden Oldie, The Economist

Once upon a time there was… Well, an Old World which two-thirds of the UK population – those not into their mid-50s – will fail to comprehend and could not possibly want to live in. A time when if you wanted to do practically anything you had to go ‘on chance’ and...

Builders are making thumping profits by over-charging for new homes – new findings

by Colin Axon and Simon Roberts | Mar 14, 2023 | Residential Investor, zLead Article, zNewsletter

Welcome to the UK, where affordable housing can often feel like an oxymoron. The average national house price is £294,000, but someone earning the average annual salary of £33,000 can expect to borrow no more than £140,000, leaving a considerable...

The rise and rise of property guardianship and what it says about our broken housing system

by Chris Bevan | Mar 14, 2023 | The Analyst, zLead Article, zNewsletter

With homeownership slipping out of reach for millions and soaring rents, the dearth of genuinely affordable homes is seeing property guardianship on the rise. Property guardians live in empty or disused premises that are usually awaiting...

Class and the City of London

by Louise Ashley | Feb 28, 2023 | The Analyst

My decade of research shows why elitism is endemic and top firms don’t really care. During the Covid pandemic, as most wages stagnated, workers in the City of London were enjoying bumper pay packets. Average partner salaries in one corporate law firm exceeded £2...