‘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.
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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Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
Super-prime Notting Hill development opp seeks £12mn
Buyer sought for standout freehold property with "one of the most ambitious planning consents in the area".
£10mn price cut for trophy Knightsbridge penthouse
Ultra-prime residence at The Knightsbridge has been relaunched at £70mn.
In Pictures: Inside Finchatton’s new Georgian-inspired country estate project
Super-prime designer-developer lifts the lid on its latest creation - a 22-acre private estate in the Hampshire countryside.
‘A market in transition’: Inside London’s evolving luxury resi development scene
New report reveals how policy, branding & global demand are reshaping the next phase of the capital’s ultra-prime development cycle.
Indie estate agency Wilfords branches out in SW London
Boutique firm adds to its growing network with a new base close to Clapham Common.
‘A fundamental reshaping of the global wealth landscape’: Europe re-emerges as a prime destination for the super-rich
'What we’re witnessing is more than just a demographic shift,' says Knight Frank, as the firm reveals who is buying what, where, and why...
Behind the Schemes: Crafting a family-friendly pied-à-terre at Chelsea Barracks
Rebecca Hughes Interiors lifts the lid on a recent project for a returning client at the super-prime scheme in SW1.
Native Land’s 50-storey Opus tops out ahead of schedule
Developer marks construction milestone at forthcoming luxury apartment scheme on London's South Bank.
Super-prime building firm appoints trio of new directors
Phin Isles, Philippa Waldron & Charlie Ellis have all stepped up as directors at London-based CC Construction Group.
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£53mn price tag for ‘one of Dubai’s most prestigious homes’
In Pictures: Agency debuts 38,000 sq ft art-filled mega-mansion overlooking the Dubai Hills Golf Course.
From shell to showpiece: Why ‘grey box’ sales are a win-win for buyers & developers
REDD's CEO Russell Smithers runs through the advantages of buying - and selling - luxury apartments in shell condition, with insights from a top lawyer & a PCL acquisition specialist.
In Pictures: North London ‘Baroque Palace’ seeks £17.95mn
Gilded family home has interiors 'inspired by Versailles.'
Government promises ‘blitz of new measures’ to boost housebuilding as planning applications drop
5% fewer planning applications were submitted in Q2, but 1% more were approved.
Postcard from St Lucia: Citizenship by Investment drives a maturing luxury property market
Mark D. Maragh of Chestertons St. Lucia highlights some big trends and stand-out property developments that are re-shaping life on this Caribbean island.