Revealed: the widening gulf between salaries and house prices

Heddon Street in Mayfair, the London postcode district where the median house price stood at £2.9m in 2014. Photograph: Jeffrey Blackler/Alamy Buyers in England and Wales forced to spend up to 12 times their income as gap between earnings and house prices widens The gap between income and house prices has sky-rocketed so much in … Read more

It’s Party Time in UK Property Market

Real estate in the U.K. is reaching boiling point. “There are still opportunities in commercial real estate, but it is incredibly hot out there,” Mat Oakley, head of commercial research at Savills, said on Tuesday to a suited group of industry participants in central London. U.K. property markets are booming amid a rush of foreign … Read more