The Market
The number of real estate companies in ‘significant financial distress’ has jumped by 46% in the last year
41,624 property business are struggling, warns a top corporate recovery firm, as the UK's real estate sector is hit particularly hard by economic headwinds
SDLT receipts plunge by 20% as transactions dwindle
It's the largest quarterly fall since 2014-15, as 69,000 first-time buyers escaped stamp duty in the year to 31st March. But the annual property tax take is 10% up on the previous year
Prices climb in UK cities, as London supply rises
'2018 could be the year when housing turnover in London starts to plateau having fallen by almost a fifth since 2014' - Hometrack
Australia, Norway & Sweden offer lessons for high quality residential development in the UK, says Government
How homes look should be just as important as how many are delivered, say Ministers at the Design Quality Conference
BBC exposes Ukrainian gangsters using PCL properties to launder ‘dirty money’
Panorama flags eight resi property deals in Knightsbridge, Kensington, Marylebone & Battersea with alleged links to 'dirty money' & Ukrainian gangsters
One Every 27 Minutes: 19,300 £1m+ property sales recorded across the UK last year
Seven-figure transactions "surprisingly robust", says Savills, with numbers beyond the capital up by nearly a third on 2014...
Chelsea market recovers after ‘biggest price adjustment in London’
“Conditions are getting back to normal", says Knight Frank, as prices bottom out and buyers resurface...
Aristocrats lose their hold on Mayfair – but 30% of landlords are still ‘old money’
Mayfair's rental market 'has changed dramatically over the last 20 years' says Wetherell, as titled family landowners give way to professional investors and 'new money'
Westminster faces more tough questions over links with developers
'Ousted' councillors accuse troubled Tory-led council of more planning shenanigans
Councils are ‘sitting on’ £375m of unspent s106 payments
Affordable housing starts in London have 'miraculously' doubled, but many Council are 'sitting on' hundreds of millions of pounds paid by property developers to fund affordable homes
Trendwatch: Space for rural enterprise top of the wishlist for country buyers
Room to host festivals, rear specialist breeds or offer boutique accommodation has become the latest "must have" in the estate and farm market...
Asking price reductions on a third of UK listings
Twickenham named as London's 'price-cut hotspot', with reductions made on 42% of online listings, but the overall proportion is actually down on Q4...