The Market
Just 2% of the public trust developers – Grosvenor
Major new survey reveals that public trust in the UK planning system is 'almost non-existent'; GBI describes results as a 'significant wake-up call', pledges to help drive some industry-wide changes
Sales at Battersea Power Station climb back to pre-delay levels
'About 70%' of Phase 3A units have now been sold at Battersea Power Station - which is about the same level as in 2017, before construction delays allowed some buyers to back-out of contracts
The Prime of Life: Who’s buying where and for how much?
New analysis of PCL purchases compares Baby Boomers, Millennials, and Generation Xers in terms of spend, activity and preferred locations...
Land of the Free, Land for the Many: On politics and the London property market
What with the looming Brexit deadline, George Monbiot's radical proposals for the Labour Party, and a new starter at No.
World’s wealthiest take a financial hit, ending seven years of growth
The world's wealthiest individuals lost 3% of their combined net worth in 2018; Britain's HNW set lost 6%
Labour pledges ground rent cap
Proposed 'new deal for leaseholders' involves a 'radical' five-point action plan that would cap ground rents at £250 a year
A ‘sophisticated gang of fraudsters’ is targeting luxury rental flats in London
Estate agents tell of fraudulent tenants targeting luxury rental homes in London, while Benham & Reeves has flagged a 117% "surge in fake applications" in the wake of the recently-enacted Tenant Fee Act…
Prime London sees a ‘surprise return of competitive bidding & even a few sealed bids’
But sentiment remains 'fragile' as political uncertainty continues to put the brakes on prime residential property markets, says Savills
The prime country house market remains muted, but there are signs of pent-up demand forming
Knight Frank reports the highest number of country house buyer enquiries in five years, but price growth and stock levels are not moving
British home-owners move just once every 21 years
Property inertia is highest in Kensington & Chelsea, according to Zoopla; homeowners in the Royal Borough stay put for an average of 35.5 years
Why our staff are choosing to sell their homes now
Matt Gibberd of design-led estate agency The Modern House explains why four members of the team, including himself, are choosing to sell their homes now, and offers up eight nuggets of advice for ensuring…
PCL’s higher price ranges holding up as sub-£2m market suffers
Knight Frank flags up the differing fortunes of the £10m-plus and sub-£2m brackets in the capital's prime postcodes