The Market

Britain's real estate sector is relatively upbeat about short-term prospects, say the British Property Federation and Grosvenor, but the longer-term view is decidedly more iffy.

Without a significant transfer of powers, the Greater London Authority and all 33 boroughs are only going to be able to deliver about 25,000 new homes a year, the London Housing Commission has concluded.

Monaco-based hyper-prime agency John Taylor is making a move on Switzerland, assigning its first master license and setting up shop in some of the country's most exclusive destinations.

An entire end-of-terrace that hasn't been touched for decades has come up for sale on Knightsbridge's exclusive Emperors Gate.

The number of buying agents working in central London is shrinking as the market toughens up, according to reports.

Carter Jonas has urged potential buy-to-let investors not to let next month's stamp duty hike be the deciding factor in making a purchase.

Top investment bank Morgan Stanley has gone a step further than JLL's recent forecast downgrade, arguing that high-value new-builds in London are likely to see price drops of up to 20% this year.

Mayoral candidate Sadiq Kahn has turned his steely gaze to the topic of transparency in the London property market.

It's been claimed there were 18,500 "unfair" planning permission rejections in the UK last year, and that this year's figure could be even higher.

BoJo is looking at setting up a "Skyline Commission" to re-examine the planning approach to tall buildings in the capital.

The sale of the 580,000 square foot Old War Office was formally put to bed yesterday, paving the way for Churchill's former stomping ground to be turned into resi apartments and a luxury hotel.

Buyers baulking at the prices commanded in the Golden Triangle of Belgravia, Knightsbridge and Mayfair have been offered a few tips for finding value in PCL. First up, says CBRE, don't forget St James's.