The Market
Architects come up with 20 ways to ‘tackle the housing crisis’
The Royal Institute of British Architects (RIBA) has set out a hashtagged batch of proposals to deal with what it calls "the UK’s dire housing crisis".
Refurbishment Road: How to save 57% on a same street property
A canny PCL agency has identified some prime Westminster streets where savvy buyers can "save" almost 60% by opting for a refurb project over a luxury new-build.
New PCL rental supply jumped by 49% in Q2 – Knight Frank
There's lots happening in prime central London's rental property arena, says Knight Frank: newly-agreed tenancies are on the up, viewing numbers are soaring and supply levels are leaping, but both rental…
Forget Super Thursday, the Bank of England can only offer Mildly Useful Thursday
Today's interest rate cut by the Bank of England isn't the big economic solution we need, argues the University of Cambridge's Michael Kitson...
Reactions: Bank of England cuts interest rates for first time in seven years
In a universally-expected move, the Bank of England has halved the Base Rate to an historic low of just 0.25% and renewed some quantitative easing. The BoE's interest rate had been at an already low 0.
Three reasons why UK house prices have become detached from earnings
As we learned this week, home ownership is tumbling across the UK - the last Conservative regime has a lot to answer for, says Trevor Abrahmsohn...
Q2 Review: Prime London’s rental market recovers from the post-referendum dip
The prime London rental market has not escaped the uncertainty which has gripped the UK economy and housing market in recent months, says LonRes in its comprehensive review of the last three months.
New sales head at Knight Frank Wapping
Lee O'Neill joins from Cluttons
Agency lists ‘Jewel in the Crown’ penthouse at One Hyde Park (with Brexit discount)
How about this. An agency appears to have listed one of the quartet of penthouses at One Hyde Park, seemingly with a chunky 20% Brexit discount.
PCL’s domestic buyers rallied in referendum run-up as overall deal numbers tumbled
As overall deal numbers tumbled, there was "a significant increase" in the number of domestic buyers of second-hand in prime central London during Q2, reports Strutt & Parker, as just shy of 33% of residential…
Q2 Review: Transactions tanking and buyers negotiating as prime London hits the brakes
The prime London sales market in 2016 has been "significantly distorted" by both the referendum and the introduction of the 3% stamp duty levy for additional properties in April, notes LonRes in its authoritative…
Brexit vote ‘has been a trigger to make overdue reductions to asking prices’ – Knight Frank
For all the catastrophising Brexit-bating headlines, it's stamp duty that's really sculpting today's prime central London property market, says Knight Frank as it tells of a 1.