‘A Dickensian legal process’: Why property deals take so long to complete
Propertymark data shows that, in March 2016, 78% of transactions progressed from offer acceptance to exchange of contracts within 12 weeks; in March 2024, the figure had slumped to just 29%.
The Property Ombudsman reports huge increase in cases & payouts
Housing redress scheme found in favour of consumers in 83% of cases in 2023, awarding a total of £1.52mn.
14 key principles for licensed estate agents: Future RoPA Code of Practice opens for consultation
“The new code of practice will look to set standards at a higher level than currently legally set," says steering committee leader Baroness Hayter. "Th
Opinions sought on new money-laundering rules for high-end letting agents
The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.
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Buyer exchanges on £70mn London property in pre-Budget mega-deal
What jitters? Agency ties up one of the largest super-prime sales of 2024, just days before the biggest fiscal event in years.
Survey: The prime resi sector’s hopes & fears for this week’s Labour Budget
Changes to Capital Gains Tax, Stamp Duty & non-dom status are causing concern amongst PrimeResi's panel of business leaders ahead of Wednesday's Autumn Statement.
Super-prime mansion project in Jersey seeks buyer
Currently in shell and core form, the rare new-build will be delivery turnkey to its new owners following a fit-out by a 'globally recognised' team of designers.
Kaye & Carey founders move on
Matthew Kaye and Adam Carey have closed their 21-year-old Knightsbridge estate agency, but remain in the PCL property arena.
London is ‘still by far Europe’s most mature & expensive high-end residential market’
New CBRE analysis takes a deep dive into the capital's luxury living sector, and how it compares to other wealth hubs.
New super-slim skyscraper in Dubai will ‘work with nature rather than against it’
In Pictures: Muraba collaborates with Pritzker Prize-winning RCR Arquitectes on 'daring' luxury resi project that draws on ancient design techniques.
Meriam Lock-Necrews on putting homes at the heart of Battersea Power Station’s redevelopment
Two years after the regenerated Battersea Power Station opened, BPSDC's Head of Residential shares insights into how the project created a sought-after residents' experience within a new mixed-use neighbourhood
Green light for old Hampstead Police Station development
Redington Capital and dMFK Architects have secured planning consent for the reinvention of a Grade II listed landmark building in prime North London.
Talking Heads: Property industry leaders’ Autumn Statement wish lists
What announcements would you most like to see in this week's Budget event, that would benefit the UK housing market?
Talking Heads: What property industry leaders fear most from the Autumn Statement 2024
Of the tax and housing proposals floated by the Chancellor ahead of this week's Budget event, which do you think would have the biggest impact on the prime property market and why?
LATEST ARTICLES
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
‘Frantic’ night for HNW advisors following Chancellor’s SDLT surprise
Buyers given hours to get deals over the line before higher rate kicks in - but will there be a longer-term impact on the PCL market?
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
Developers build up an appetite for sites
Growing positivity in the development land market is yet to translate into deals, reports Savills.