Headlines for Sunday 1st August 2021
Ballymore & Sainsbury’s partner on 18-acre Ladbroke Grove development
Property developer Ballymore and supermarket chain Sainsbury’s are drawing up plans for a “major mixed-use canal side town centre” in West London, which could deliver up to 2,800 new homes.
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Rightmove revenue bounces back as agents’ spending reaches a record high
Estate agencies are spending an average of £1,163 per month per branch with Rightmove; that’s 11% more than in 2019.
London Mayor knocks back Stag Brewery development
“The public benefits offered would not clearly outweigh the harm,” said Sadiq Khan as he rejected Reselton’s proposal to create 1,250 new homes on the former Budweiser brewery site in West London.
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England – smashing the previous record, set in March 2021, of £11.5bn.
Is a property really worth what somebody else is prepared to pay for it?
A £2m down-valuation? Don’t bet against it…
