Lettings
Infamous Park Lane squat emerges from £4m transformation
A notorious squat at the north end of Park Lane has been brought back from the brink as a resi-led scheme after suffering a history of neglect.
Three new recruits for Harrods Estates in Chelsea
Harrods Estates has added three new team members to its Chelsea operation, including a new London Resi Sales Manager.
Patient Capital: The rise of the Prime Private Rented Sector
Commentary on the private rented sector often fails to acknowledge that there has long been a thriving rental market at the very top end of prime residential property, says Olivia Tassell...
50% Off: Knightsbridge agency plans Black Friday fee slash
Beauchamp Place-based Patterson Bowe will be offering a 50% fee discount
Prices to rise by 25% in five years as ‘no easing in supply constraint’ – RICS
UK House prices are expected to rise by 4.5% per annum over the next five years, delivering a cumulative increase of around 25% according to the latest from RICS.
RICS Forecasts
Profit blow for Winkworth but ‘improved’ housing market ahead
Winkworth has reported a "particularly slow" year in the PCL market and warned that profits for 2015 will be "slightly below market expectations".
Russell Simpson ramps up lettings department
Long-standing Chelsea-based independent Russell Simpson has doubled the size of its lettings division with two new hires.
Prime central London rents drop as tenancies slide by 12%
The number of prime central London tenancies agreed in September was 12% lower than the same month in 2014, reports Knight Frank, as rental values dropped by 0.5% in October.
Supply levels rise as demand wanes in the prime London lettings market
The summer months are traditionally the most active for the lettings market of prime London and 2015 was no exception, notes LonRes in its Autumn Review.
The Rise of Rent: On Build to Rent and the power of small landlords
Build to Rent may be the billion-pound future of investment in the UK's private rental sector, says Hamptons International, but small landlords (with fewer than five rental units) are the backbone of…
Vendor invites buyers to ‘test drive’ £8.35m Marylebone flat
3,000 square foot duplex on Hallam Street offered up as a fully-furnished rental with no minimum term
Stock shortage will put brakes on recovery – Foxtons
The market is "taking time to recover" from the General Election, says Foxtons plc in its latest trading update; the firm's figures are looking decidedly healthier already though...