A mix of economic and bureaucratic factors mean that home construction in the UK capital has largely stalled out.

Berkeley Group Holdings Plc reiterated its profit guidance for the year but warned that the conflict in the Middle East was “weighing heavily on risk sentiment.”

Andy Burnham, the mayor of Greater Manchester and potential leadership challenger to Prime Minister Keir Starmer, said his comments last year that Britain was “in hock” to the bond markets had been “twisted for political reasons,” and blamed successive Westminster governments for failing to boost growth.

Four years after Russia’s invasion of Ukraine brought real estate’s decade-long party to a sudden halt, another war about 1,600 miles south is now threatening to choke off the recovery investors have been anticipating ever since.

A key gauge that reflects expectations for the future path of UK interest rates has risen to the highest this year, fueling fears over a fresh increase in mortgage costs.

Vistry Group Plc shares tumbled the most in 17 months after the UK homebuilder warned of sluggish profit growth this year and announced the retirement of Chief Executive Officer Greg Fitzgerald.

Henry Boot Plc, one of the UK’s leading developers hit by a property sector slump, is cutting jobs just weeks after the sale of its construction business saw its workforce shrink by about 21%.

Barratt Redrow Plc shares fell as much as 8.4% Wednesday after its half-year results showed increased pressure on the UK housebuilder’s profitability.

Igor Babuschkin, co-founder of Elon Musk’s xAI, said he is “not planning to purchase any property in the UK,” responding to a Bloomberg report that he had agreed to buy a penthouse overlooking London’s Hyde Park for about £57 million ($77.6 million).

Igor Babuschkin, co-founder of Elon Musk’s xAI, has agreed to buy a penthouse overlooking London’s Hyde Park for about £57 million ($68 million), marking the most expensive UK home deal in more than a year.

London’s top property brokers, who have overestimated house price growth in the city’s priciest neighborhoods for years, have finally thrown in the towel.

A “sophisticated, criminal cyber attack” is threatening to hold up thousands of home sales in two of London’s richest boroughs.

The government will cap ground rents paid by leaseholders in England and Wales despite concern about the impact on pension funds.

The UK housing marked continues to be blighted by lackluster demand as buyers struggle with elevated mortgage costs that have stretched affordability, according to Taylor Wimpey Plc.

Vistry Group Plc sold 9% fewer homes in 2025 after uncertainty driven by the UK budget created a “subdued market” in the second half of the year.

Elon Musk accused the UK government of being “fascist” after it stepped up threats to block X over sexualized images of women and children produced by his artificial intelligence tool Grok.

The UK’s financial regulator is weighing a series of reforms for the country’s mortgage market designed to widen access by responding to more flexible working patterns and longer life expectancies.

Berkeley Group Holdings Plc said its UK home sales declined in the months leading into the budget and warned it has yet to see the fruits of a promised push to ease regulations to support more development.