Lettings
‘Exceptional’ Q1 for PCL’s £2m+ sales market
834 homes were sold in prime central London in Q1, according to Strutt & Parker. That's an 8.3% increase on the quarterly average for the last ten years.
Historic number and values of sales in PCL
Grade I National Trust mansion up for rent in Shropshire
One of the most important houses in Shropshire - the Grade I-listed, National Trust-owned Morville Hall - has come up for rent at just £2,000 a week.
Spring market in full bloom, but transactions still 35% lower than ‘normal’
The property market is at the vanguard of the UK's wider economic recovery, says Carter Jonas in its Spring Review, with house prices and transaction numbers rising pretty much across the board in England…
Luxury holiday home-swap outfit gets into bed with Ritz-Carlton
'Reciprocal travel club' 3RD HOME, which facilities swapsies between owners of luxury holiday homes, has teamed up with The Ritz-Carlton Destination Club to up the ante on perks for members of both outfits.
PCL v Prime Country: Price gap ‘close to the widest it has ever been’
"The differential between prime central London and prime country houses is close to the widest it has ever been", says Knight Frank in its latest market briefing, but there's something of a resurgence…
Letting redress schemes get compulsory
The Housing Minister Kris Hopkins has decreed that all letting and property management agents will be required to join an approved redress scheme later this year.
London’s market becomes ‘less abnormal’ as the ripple returns
London's property market is becoming 'less abnormal' says Knight Frank, as prime central prices rise at a more moderate level, and are out-performed by the mainstream market and prime fringes as the ripple…
Prime rents fell most rapidly in London and Hong Kong last year – Knight Frank
Using its considerable research muscle to measure performance across seventeen major world cities, Knight Frank's Prime Global Rental Index recorded a 4.8% boost in 2013.
Strutts launches Cambridge lettings arm
A year after opening a sales office in Cambridge, Strutt & Parker is expanding services to cover residential lettings as well.
Price increases may be more modest for the rest of the year – D&G
London's "emerging prime" areas are taking on more and more of traditional PCL's characteristics, says Douglas & Gordon in amongst some illuminating graphworks in the agency's latest quarterly report...
JLL opens flagship resi office in Kensington
Global property behemoth JLL has set up a dedicated resi sales and lettings office in W8.
Thomas Middleditch
Prime London rents nudge up; “strong growth” on the cards
Rents in prime London nudged up by the smallest of margins - +0.1% - in Q1, according to Savills.
But that's still an improvement on last year's gentle decline; rents are now -0.