The Market
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…
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
London property price inflation sinks to its lowest level since 2009
The average property price in London has fallen by 4.4% in the last year, according to May's official UK House Price Index; that's the most negative rate since August 2009
On the merits of switching the stamp duty burden
The Tory leadership hopeful's 'innovative' idea of sharing the SDLT burden between buyers and sellers could turn out to be a mixed blessing, says Trevor Abrahmsohn, but any genuine stimulus is more than…
Exchange volumes and new instructions rise across the UK
TwentyCi records a 6% uplift in the number of exchanges, and a 2% rise in new instructions, as confidence 'strengthens'; online agency market share continues to hover around the 7% mark...
Remortgaging jumps by 20%
The increase in May's remortgaging activity is in line with the initial fixed rate period of mortgages coming to an end, says UK Finance