The Market
NCA considering ‘between 120 and 130’ UWO applications
"Step change" in unexplained wealth orders on the cards, with some significant UK real estate assets at stake...
Prime London Market Snapshot: May 2018
Spike in price reductions as more properties are offered for sale
Spike in buy-to-let investors selling up
Letting agents reported a marked increase in the number of landlords selling up in April, says ARLA
‘There is no sign to date that foreign property investors will suddenly desert either London or the UK post-Brexit’ – Chestertons
Estate agency takes a measured view of Britain's post-Brexit property 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…