The Market
A Luxury Thing: Property slowdown ‘a myth’ for majority of London
While "old luxury" locations continue their well-documented descent, it seems the rest of London - the vast majority - is marching to a very different beat
46% jump in the number of Londoners moving to the country
Prime country house prices are still 13.6% below their 2007 peak, says Knight Frank, after growth slowed to +2.4% in the year to March 2016 (London prices by similar metrics are 33% above 2007's level).
New York penthouse sets 2016 price record
A full-floor apartment at the top of Rafael Viñoly's slender 432 Park Avenue tower has set the bar for apartment sales in the Big Apple this year.
The penthouse was snapped up on a guide of $76.5m
The Cost of Upsizing: What price an extra bedroom?
As the number of Londoners moving out to the country and prime regional towns jumps by nearly 50% (read all about it here), Knight Frank has worked out the cost of upsizing or downsizing by one bedroom a…
Rigby & Rigby unveils £11.5m Art Deco project in Mayfair
Super-prime developer Rigby & Rigby has taken the covers off its latest scheme on Mayfair's Grosvenor Square.
An epic 18-month refurbishment programme has delivered an £11.5m A
Khan slams Johnson’s housing legacy
London's new Mayor, Sadiq Khan, has predictably come out swinging against Boris Johnson's housing policies, accusing his predecessor of "letting down Londoners" and of "leaving the cupboard bare" when it…
Buy-to-let rush ‘helped to ignite a chain reaction’ – Rightmove
The stampede of buy-to-let investors looking to beat 1st April's 3% SDLT surcharge on additional properties "helped to ignite a chain reaction" that has seen the average asking price tip up by 1
£5.5m price cut for stately Tyringham Hall
It's not Britain's biggest ever house price reduction, as some news sources are claiming - it's not even the biggest in the last six months - but £5.5m
The importance of good guidance in today’s market
As buyers cast their nets more widely and investigate unfamiliar areas, they will need advisors with extensive knowledge of emerging locations, says Camilla Dell...
As
What does $5m buy around the world?
Depending on where in the world you spend it, $5m can stretch to either a stately 22,000 square foot residence or a 1,400 square foot three-room flat, according to a new report.
Prime lettings prove tricky as tenants get picky – Chestertons
The number of prime London rental property viewings and of new applicants surged by nearly a third in the first three months of the year, says Chestertons, but that has not translated into a huge increase…
British Land ‘reduces resi commitment’ as headwinds hit volumes
British Land has reported a 16% boost in underlying profit to £363m for the year to March 31st, but confirmed it's tough at the top of the resi market right now.