The Market
Higher value lots ‘increasingly prevalent’ says auction house
Auction house Allsop raised a chunky £74.8m from its first sale of 2016 (up 38% on last February's £54m), noting a couple of interesting trends in the process.
Interior design legend sells up in Mayfair
A-list interior designer Tessa Kennedy has put her Mayfair pied-à-terre up for sale.
£15m Victorian mansion hits the market in Buckinghamshire
A super-rare development opportunity has been brought to market in the middle of Buckinghamshire's green belt.
Number of mortgage products reaches post-recession high
The number of mortgage products available to consumers has increased by over a third in the last year to reach a near-eight-year high, according to Mortgage Advice Bureau.
Depth Charge: Basement planning applications soar in London
The number of basement planning applications has rocketed in London over the last two years, according to new research by Glenigan.
Transactions dip but stay well above last year’s level – HMRC
HMRC's seasonally adjusted estimate of the number of residential property transactions dropped by 2.8% between December 2015 and January 2016.
Employers should add commission to holiday pay – Employment Appeal Tribunal
Employers of commission-led teams will need to take total earnings - rather than just basic pay - into account when calculating holiday pay, after a ruling (which is being appealed) by the Employment Appeal…
What impact will the EU Referendum have on the residential property market?
Now that we have a date, here's how agency chief Trevor Abrahmsohn sees both national and London property markets faring in the lead up to, and aftermath of, the Big Vote...
Banda sells boutique Buckingham Gate scheme
Adelie Estates has bought an eight-unit resi scheme off Banda Property for around £17m.
22,000 London homes ’empty for longer than six months’
The borough councils of London have been called out on the number of properties deemed "long-term vacant" on their respective patches.
EU Referendum date set for 23rd June
Prime Minister Dave emerged from the other side the Channel on Saturday brandishing a compromise agreement for a tarted-up British relationship with the European Union.
‘Very special’ Phillimore mansion up for £12.5m
A right stunner has come up for sale on Kensington's Phillimore Estate.