The Market

NHBC warns of 'perfect storm' for developers amid weak demand and rising costs.

'We’re increasingly seeing more transactions collapse later in the process,' warns major estate agency group, with leasehold deals most at risk.

Latest data shows offers and transactions stayed below long-term averages in April, while PCL prices now sit 22% below their mid-2015 peak.

Your essential five-minute briefing, featuring data, forecasts and analysis from Knight Frank, Savills, LonRes, Enness Global, ONS, Rightmove & more...

'Rental growth is being driven by a tightening supply backdrop,' says Knight Frank, adding: 'The Renters’ Rights Act is accelerating this.'

Housebuilders managed to sell only 33% of new homes before construction completed last year.

Westminster Council is back in Conservative control.

More than a fifth of current Rightmove listings in London are looking for more than £1mn.

24% of would-be home movers no longer plan to sell this year, claims research, and a further 27% are less certain about doing so than at the start of 2026.

Latest data: Savills says wealthy buyers are retreating towards the capital’s traditional golden postcodes, with geopolitical jitters weighing on activity.

Housebuilders started 2026 with some optimism, reports Oliver Knight, but that 'proved short-lived' in the face of global uncertainty, rising construction costs and escalating interest rates.