The Market
PCL prices and sales plummeted at the end of last year
Fewer than than 68 deals per week went through in Prime Central London during 2018, reports London Central Portfolio, while annual transactions across England & Wales fell by 3.
Law Commission moots right-to-manage shake-up
New proposals to make it easier for leaseholders to take control of the day-to-day management of their buildings
Prime London sales volumes slide to ten-year low
Transaction numbers sank to their lowest ebb in a decade in 2018, after a 14% year-on-year decline...
New breed of wealthy ‘lifestyle buyer’ boosts England’s farmland market
For the first time since 1996, farmers are accounting for less than half of all purchases, notes Strutt & Parker
The Big PCL Price Drop: Calculating the discount on a £5m property
Full-year sales figures for 2018 showed a surge in the number of £5m+ deals across central London, and it's not hard to see why...
Dubai developer prepares to spend up to £1bn on central London property
"London is London;
Mortgage lending ‘defies seasonal trends’ to rise in December
2018's total gross mortgage lending was nearly 4% higher than the previous year
Architects hit by housing slowdown
Architects' forecasted workloads in the private housing fell dramatically in December, says the RIBA
London’s trophy home market rallies as world’s wealthy shop for bargains
Savills recorded a 43% surge in the number of £15m+ deals across PCL last year;
Why resi developers should be considering the specialist retirement sector
Success in other niches has shown how a differentiated development can succeed even at times when the general housing market is poor, says Nigel Sibley
Brokenshire unveils plan to fix housing redress
Private landlords will be forced to sign up to a redress scheme as part of an overhaul of the 'broken' complaints system announced by the Communities Secretary
Market woes hit PCL property fund
London Central Portfolio Property Fund sees net asset value fall by nearly 20% as political uncertainty and tax changes eventually take their toll;