5 Fact Friday – 24 October 2025

Multiple Crises – London New Builds Collapse.

The five facts hitting the housing market hardest in the last seven days.

  1. Government’s emergency reaction as London housebuilding collapses
    https://www.telegraph.co.uk/business/2025/10/22/starmer-emergency-measures-sadiq-khans-housing-crisis/
  2. Reeves council tax hike will hit house prices overnight https://www.dailymail.co.uk/news/article-15205165/Tens-thousands-homeowners-hit-new-council-tax-bands-Rachel-Reeves-sets-sights-higher-value-homes.html
  3. Shocker as FT calls home sellers “delusional” on price. (Coming from one of the biggest price pumpers out there, this was a surprise!) https://www.ft.com/content/b4e3ddad-f9ba-4649-8b60-faf6366a22e0
  4. Rightmove October House Price Index price lower than a year ago, and all homes except “top of ladder” saw average asking prices drop month on month, when usually October sees a big seasonal rise. https://www.rightmove.co.uk/news/content/uploads/2025/10/Rightmove-HPI-20th-October-Finall.pdf
  5. Pensioner property sales volumes spike 26% distorting overall average readouts and covering a wider fall in prices. https://www.twentyci.co.uk/phmr/twentyci-property-homemover-report-q3-2025/
  6. Whole of London shows falling prices https://www.bloomberg.com/news/articles/2025-10-22/london-house-prices-fall-for-first-time-in-more-than-a-year
  7. Well intentioned Renters Rights Bill to cause chaos as it passes final hurdle in parliament to become law in 2026 https://bills.parliament.uk/bills/3764

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