Lettings

 Average rents in prime London have dropped over the last year, but there is scant uniformity across different boroughs. Savills report that Islington and Hampstead have dropped by 4.

Foxtons has just opened the doors to its 37th office.

All this talk of mansion tax is already prompting owners of £2m+ properties to sell up, reports WA Ellis, with an abnormally high number of these instructions recorded in September.

The capital's sales market is "chronically undersupplied", whilst the rental market is flooded with stock, according to Douglas & Gordon.

Grubby kitchens and bathrooms are the two biggest turn-offs for potential buyers, according to Rightmove's new research. 

The buzz of the Olympic summer in London has significantly swelled interest from international buyers, but most appear reluctant to swallow the higher SDLT and are looking to purchase below the £2m threshold,…

The industry has reacted with vigour to Sir Adrian Montague's recommendations on how to tackle to UK's housing shortage, which include institutional investors bankrolling the large-scale construction of…

Douglas & Gordon has ramped up its colonisation of the Royal Borough of Kensington and Chelsea by opening a third office in the area.

Whilst PCL rents may have fallen by 0.8% in July (1.1% on the year), Knight Frank point out that July's rental volumes were 30% higher than the same month last year.

For Short Let: very contemporary house sought with at least five bedrooms and parking in Zone 1 (September-December) Contact [email protected]/07773768832

Knight Frank's latest market update makes for some pretty dark reading as the recession dips deeper than expected in Q2, although prime central London prices continue to rise.