Hong Kong buyers flock to London as unrest continues
Prime London estate agency records ‘an unmistakable surge in enquiries from Hong Kong residents looking to buy property in London’
Peak buying season disappoints as London & SE stay under the weather
National prices edged upwards by the smallest of margins last month, reports LSL & Acadata, but the traditional Spring bounce in activity levels failed to materialise…
Government to end ‘poor doors’ & playground segregation with ‘toughened up’ planning rules
James Brokenshire announces a package of measures designed to ‘tackle stigma and help end the segregation of social housing residents in mixed-tenure developments’
Resurgent British film industry drives luxury short-let boom in London & the Home Counties
Knight Frank reports an 82% boost in film-related enquiries, as tax breaks and currency movements bring increasing numbers of A-list stars and production crews to the UK
Admiralty Arch developer seeks affordable housing exception
‘Exceptional circumstances provide justification for contributions to not be required’, argues Prime Investors Capital, which is redeveloping the Grade I landmark into a five-star hotel and potentially just one ultra-grand residence…
Mayor of London demands new powers to control private rents
City Hall has published a report making the case for rent controls, amongst other ‘fundamental’ PRS reforms
No-deal Brexit could knock 10% off house prices – OBR
Government’s independent forecasting body suggests prices and transactions could tumble in the event of a no-deal departure on 31st October…
Institutional PRS investment was 20% higher in H1 2019 than in H1 2018
Nearly £1.4bn was pumped into the UK’s Private Rented Sector by institutional investors in the first six months of this years, says CBRE, despite a relatively low-key Q2
Tenant demand jumps as fees cut
Demand for rental properties in London surged by 13% from May to June, according to Rightmove, compared to a four year average at this time of year of just 4%
Deal volumes continue to rise in London’s £5m-plus market
Sales of homes worth £5m or more were up by 12% in Q2, compared with the same period last year, following a 3% increase in Q1…
Europe’s top-earning Airbnb hosts revealed
One super-host in Barcelona is bringing in over £2m a year from 63 properties via the short-term accommodation platform, according to new analysis
Mapped: East & North-West boroughs drive London’s new housing pipeline growth
Planning and development activity in the capital has ‘remained stoic’ in the face of uncertainty, says Kinleigh Folkard & Hayward