The Market
TONIGHT: The ERC’s ‘Boom or Bust’ debate on the future of UK property prices
The fourth annual Economics Research Council debate on the future of residential property prices in the UK is being held tonight at the Royal Geographical Society in London.
Thought PCL ultra-prime was in the doldrums? Not according to these firms…
Amid the gloom and tumbling transaction levels, we hear some of London's top boutique consultancies are still doing a roaring trade, with £50m+ deals going through, "all-time high" buyer enquiry levels…
Prime Lapse: PCL sales market ‘on hold’
After all that noise around March time, it seems the silence pervading the London property market has reached deafening levels.
Not OnTheMarket: Pryor debuts social media service for off-market deals
BBC property commentator, buying agent and chief industry Tweeter Henry Pryor has launched a new service for those looking to sell and buy on the down-low.
LonRes launches agent-to-agent anti-money laundering service
INTERVIEW: LonRes' Anthony Payne gives PrimeResi the lowdown on brand new agent-to-agent anti-money laundering compliance service, ResCheck...
Development land slips into a two-speed market
Greenfield and prime central London development land values have dropped by 2.5% and 1.8% respectively year-on-year, says Knight Frank, although urban development land outside of London are shooting up.
UK’s oldest land agency announces merger
The UK's oldest ongoing land agency, RH & RW Clutton, has announced a merger with Peter Hughes Country Property to create a full-service offering covering West Sussex and the South East.
Survey finds three in ten deals fall out of bed
A survey of 2,000 homebuyers has delivered some interesting findings on fall-throughs.
Three in ten (28%) of those quizzed by Which?
Currency ‘advantage’ creates prime opportunity for foreign investors
Brexit-fuelled currency fluctuations have given international investors an opportunity to make a "significant profit" by selling off their prime resi assets in the UK, according to new research.
‘A leap forward for the industry’: Countrywide hits the online button
Just days after the big news about Savills and YOPA, it's Countrywide's turn to make a splash in the (now fairly crowded) online sales arena.
Mayor Khan pursues ‘more control’ over office-to-resi conversions
New figures from City Hall show that since 2013, around 1.5 million square metres of office space could have already been converted into residential units in London using permitted development rights.
Treasury coffers boosted by ATED hike
A 50% jump has been recorded in tax revenues from resi properties owned by offshore companies, after the government ramped up the annual tax on enveloped dwellings (ATED).