The Market
A £50,000+ per week rental search: Has the market gone completely nuts?
An uber-tenant is on the hunt for a £50,000+ per week (equivalent to £2.6m a year) rental mansion in North London; it's nuts, says Glentree's Trevor Abrahmsohn, and the Chancellor is to blame...
Online-only agents increase market share – TwentyCi
Exchanges up 11% in Q1, according to consumer intelligence firm...
JLL reports City sales surge as pied-à-terre market returns
Agency notes 50% jump in deals across Bank, Aldwych, Southwark and Bloomsbury, with one- and two-bed new-builds currently flavour of the month...
Londoners paid four times more stamp duty than the national average last year
The most expensive 10% of properties contributed around 60% of all Stamp Duty receipts last year, reports LCP
Industry Reactions: Government plans to professionalise the estate agency sector
'All estate agents should welcome the new Government measures to professionalise the estate agency industry'
Government makes a major move to ‘professionalise’ the estate agency industry
Sajid Javid announces a plan to introduce mandatory qualifications for estate agents, bringing the profession in line with conveyancers, solicitors and surveyors
Rental demand surges in prime London as supply drops, but prices hold for now
Foxtons, Knight Frank and LonRes have all recorded significant rises in tenant demand at the same time as a notable reduction in new rental listings...
Activity picks up across prime Scotland, with record price growth in Edinburgh
16% more £1m+ homes were sold in Edinburgh in 2017 compared to the previous year, says Knight Frank
Rising rail fares & council tax bills mean the ‘affordability gap’ between London & Surrey is closing
Jackson-Stops tots-up the annual costs of commuting from Surrey hubs as the county bumps its Council Tax rates up by 6%
Rural house prices rally as prime regional towns falter
Low supply is underpinning prime country house prices, says Knight Frank
PCL market moving again as vendors ‘over-compensate’
Average asking price reduction in the £1m-5m range was just shy of 10% over the last year - more than enough to account for the higher transaction costs, says Knight Frank
Why is the government sidelining SMEs in the battle to build more homes?
In almost every other sector apart from construction, nimble and hungry start-ups have provided the ideas and talent to drive growth, says Adam Hesse...