Luxury London property developer collapses as housing market slows

A luxury London property developer has collapsed after running out of funds, as the capital’s prime housing sector faces growing pressure.  London Richmond Ltd, which describes itself as a “boutique” developer focusing on the “finer areas” of the capital, has appointed administrators, City AM has learned.  In the lates

Buy-to-let investors are capitalising on the faltering property market to drive a hard bargain and snap up deals, estate agent Hamptons has revealed.

The Algarve continues to strengthen its position as one of Portugal’s main markets for luxury property, with five locations in the region making it into the national top 20 for high-end housing supply.

Mortgage rates hit a recent low at the end of February but rose sharply at the start of the war with Iran. They are now at their highest level in over a year.