The Market
City Hall proposes new compulsory purchase powers to boost London housebuilding
The Greater London Authority has published a 96-page dossier outlining ways to improve residential development land assembly in the capital
London’s riverside sales continue to rise as prices start to bottom out
Non-new-build riverside homes have seen prices fall by 13.6% since 2015, says Knight Frank - but deal numbers have risen by 3% in the last year
Pastor secures £23m of instructions in bumper fortnight
12-month-old leads come good for PCL agency
Viewings down by nearly a third in Central London – Winkworth
"It seems as though we have hit a slightly tough patch", says agency, revealing that viewing levels in Q1 were 31% below the same period in 2014;
New-build activity stumbles in central London
New-build starts fell by 25.4% in Inner London in 2017 compared with 2016, while planning permissions dropped by 7.4% and completions by 6.1%
Three quarters of English counties have fewer than 100 £1.5m+ homes on the market
Jackson Stops flags up 'chronic' lack of stock in the upper stamp duty bands; Surrey offering by far the most options for high-end househunters...
Westminster’s voluntary taxation experiment falls flat
Three months after council launches innovative 'community contribution' scheme, new figures reveal that only 2% of high-end homeowners have actually put their hands in their pockets...
Half a dozen ‘world-class’ resi schemes help Mayfair outshine its neighbours
A new breed of 'international developments' have changed the game in the venerable district, according to Knight Frank's Harvey Cyzer...
300,000 property sales are falling out of bed every year
Over two-thirds of failed deals are down to 'buyer-related reasons', according to latest survey by the HomeOwners Alliance
Countrywide rebrands its monthly lettings index to Hamptons
May's report tells of a North/South divide for rental price inflation
Seven charts on the UK property market
Strutt & Parker's Spring Residential report collates a selection of interesting nuggets on the market; here's a graphical digest:
It is time to hand the housing crisis over to the professionals
The UK's property industry has the depth of talent to turn decades of underinvestment and policy neglect around, but only if given the power to do so, says Alexander Lewis...