The Market
Is compliance strangling commerce?
After a tortuous experience trying to do business with the private wealth department of a well-known clearing bank, agency boss Trevor Abrahmsohn has had it up to here with suffocating regulatory restrictions...
£1m+ properties made up over 6% of Rightmove listings in March – but accounted for just 2.7% of completed sales
There's a 'demand mismatch' between recorded sales volumes and current property portal listings, says Cushman & Wakefield
London property developers have ‘renewed optimism’ – but the outlook is still quite bleak
33% of London property developers are predicting an increase in activity over the next five years, compared to just 19% six months ago
How expensive is London compared to other world cities?
Zurich and Geneva are the priciest cities on the planet, but LA residents have the most 'purchasing power', according to this year's UBS Global Cities Rankings
Asking price reductions on the rise across southern England
Vendors being forced to accept greater discounts to achieve a sale, says Hometrack
London’s super-prime market stabilises as ‘pent-up demand’ underpins deal numbers
There's 'renewed vigour' at the very top of the market, with £10m+ pricing bottoming out at the start of this year, says Knight Frank - but values and volumes are unlikely to rise much in the short term.
Market Snapshot: Chelsea bottoms-out
Demand for properties in Chelsea 'has strengthened notably over the last 12 months,' says Knight Frank, 'and we now frequently see competitive bidding for well-priced properties'
What is the Tier 1 UK visa Roman Abramovich has been trying to renew and why the delay?
Immigration law expert Jo Wilding explains the procedure involved in renewing the specialist visa for HNWI making a 'substantial financial investment' to the UK, and addresses recent speculation over…
Prime Central London’s sales market ‘may not return to its previous state’, but prices will rise a bit – JLL
Agency forecasts 8.7% property price inflation by 2022 in PCL, and warns that transaction numbers may not recover from 2016's SDLT changes
Why Russia’s ‘dirty money’ is not leaving London any time soon
What is missing in the Moscow’s Gold report is a broader understanding of why Russian (and non-Russian money for that matter) flows into London and the UK in the first place...
Why viability studies are often not viable
A system which enables councils to charge developers twice for studies into the viability of their building projects is unfair, causes months of delays, and discriminates against SME companies, says Charles…
Property prices dip as transactions fall across the country – UK HPI
The average price paid in London dropped by 0.9% in March to £471,944