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.