In London’s richest boroughs vast subterranean enclaves are being carved out over several floors to house cars, wine, saunas and private nightclubs. How did underground living – once associated with poverty and disease – become an investment scheme for the uber-wealthy?
High-end sales almost double in some regions with a 6% increase recorded throughout England and Wales
Critics attack sale of council nursing home site to make way for world’s most-expensive care home complex
Hammond’s 100% extra tax on vacant property dismissed as ‘joke’ unlikely to hit wealthy buyers or spur re-use of housing
Average drops are biggest in Kensington and Chelsea at £300,000, but prices are up £58,000 in Southwark, says Rightmove
Number of lettings costing more than £3,000 a week increased by 28% in the last three months of 2016, research shows