The Market
‘Remarkable’ summer for high-end Yorkshire agent
A prime-focused agency in York has reported a "remarkable" few months, after agreeing £17m worth of deals at an average of £1.9m a pop.
B
Hip Hoorays: The rise of ‘Brand Mayfair’ for wealthy youngsters
"Whatever your impression of Mayfair, maybe it’s time to think again," trumpets Chestertons as it argues that the area "is fast becoming a must-have area for wealthy youngsters."
Half as many people are moving home now compared to 2007
Around 155,000 people moved home in the first half of this year, says Lloyds Bank; that's 9% fewer than in the same period last year, and less than half the number that moved in 2007's boom-time (327,600)
Pizza peer selling Mayfair block for £80m?
A prime slice of South Audley Street is reportedly being sold off for a cool £80m.
Conservation Area Checklist: How to work out if a building ‘makes a positive contribution’
It's one of the key phrases in planning speak, but how do councils decide whether or not a property makes a "positive contribution to the historic and architectural character of a conservation area"?
Another Strand success for Enstar as major expansion plans align
Investment outfit Enstar Capital has just sold a consented 12-unit luxury scheme on the Strand for £12.25m, the firm's third play on the famous thoroughfare.
Or
SDLT reforms ‘backfire’ as London investors split purchases
Buying agency Black Brick has laid into the government's decision to up stamp duty rates for high-value homes, after observing a big knock-on effect in the lower price ranges.
C
Alchemi sells landmark Victoria scheme
Developer Alchemi Group has just sold its giant resi scheme at 33 Horseferry Road (opposite the Home Office) in a deal worth £137m.
The
Cutting affordable housing exemptions for small developments “will heighten the housing crisis”
The High Court's decision this week to strike down exemptions from affordable housing contributions for small developments will heighten the housing crisis, says the Federation of Master Builders...
London’s latest dinner party boast? The PCL vendors ‘anti-marketing’ their properties
Without wanting to burden you with another buzzphrase, it seems the "anti-marketing" campaign is all the rage in prime central London at the moment.
Prime London sales generating lower stamp duty revenues post-reform
If the government were looking to boost Treasury coffers from the change to stamp duty, it looks as if they'll be sorely mistaken
Rise of the Renters: Yields tighten as PRS sector blooms
Regional cities outside of London have been the driving force in a significant lift in the number of households in the private rented sector (PRS) over the last decade, says Knight Frank, but yields across…