The Market
Purple Patches: CBRE tears up Lizzie Line forecasts as house prices steam ahead
Prices around Elizabeth Line (née Crossrail) stations have already smashed expectations, says CBRE, leading the firm to overhaul its original forecasts.
Clarity, Certainty & Predictability: A call for forward guidance on property taxes
The Treasury should take a leaf out of the Bank of England's playbook, says RICS' Jeremy Blackburn, and issue forward guidance on property tax policies.
Duty Bound: A PCL Investor’s Budget Day Wishlist
It's that time of year again and the whole industry is currently perched on the edge of its seat awaiting the contents of Osbo's battered red box and the results of the consultation on the 3% additional…
Amcorp bags Belgravia apartment block for £45m
Kilmuir House on Ebury Street is right opposite Berkeley's super-prime Ebury Square scheme
High Court slashes estate agent’s ‘outrageous’ money laundering fine
A £169,652 fine imposed on a Northamptonshire estate agency for failings related to money laundering regulation has been ridiculed by a High Court judge, who called the amount "seriously disproportionate",…
Leeming slams stamp duty surcharge; ‘the only losers will be tenants’
The incoming 3% stamp duty surcharge will fail to deter buy-to-let investors in most parts of the UK, according to one national agency, although it may succeed in making things harder for tenants.
Battersea Power Station masterplan tweak adds 400 ‘smaller, lower-priced’ homes
New proposals have gone in to switch out one of the three hotels planned at Battersea Power Station for another 400 resi units.
Wandsworth Council bans ‘dominating’ estate agents’ boards
Estate agents now need to apply for permission to put up advertising boards in Putney, Balham, Clapham Junction and Lavender Hill (maps of affected streets below), after the council waged war on what…
150-fold rise in London homes listed on AirBnB as private landlords get in on the act
London's homeowners are going nuts for AirBnB. JLL has recorded a 150-fold rise in the number of resi properties listed on the home-lettings website over the past five years.
CBRE hires big gun from Chestertons to lead international sales team
CBRE has recruited a top name from Chestertons to head up its central London-based international sales operation.
RBKC scraps permitted development rights for basements
The Royal Borough has confirmed it is to remove permitted development rights for all basement extensions from next month.
A ‘dangerous cocktail’ mutes the outlook for global house prices in 2016
The global economy is supping on a "dangerous cocktail", says Knight Frank, as low oil prices, a strong dollar and a struggling China combine to quell expectations of property price increases in the coming…