The Market
New price record reported in Hong Kong
A Shenzhen property firm owner has reportedly shelled out around HK$2.1 billion (just over £185m) for a new-build house on The Peak in Hong Kong.
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…
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...
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.
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.
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).
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.
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.