The Market
27-year-old drops £25m on Sydney mega-mansion
A 27-year-old from China has reportedly shelled out over £25m for a mansion with views of Sydney Harbour Bridge. It's expected to be confirmed as the second biggest resi sale in Australian history.
Mayfair Flyer: Quick stats on a ‘Golden Decade’ and the return of residential life
There was an unexpected spike in pre-Christmas activity in Mayfair, says local estate agent Wetherell, as the firm bagged just shy of £50m in sales in the traditional holiday wind-down.
Global luxury property markets in 2016: Sydney on top
Sydney will see the biggest rises in residential property prices of any prime global city this year, says Knight Frank, while Hong Kong, Singapore and Paris are all likely to see price drops.
Companies’ Houses: Challenging times for buy-to-let landlords
The whole tax regime in relation to resi properties is in a state of flux; all the more reason why landlords should be wary of rushing into things, says Scott Leonard...
RBKC considers policy change after hundreds of homes ‘lost’ to de-conversions
Council taking a long hard look at its stance on amalgamations
Prices and transactions rise as the prime country market adjusts to a new landscape
While prime central London flatlines, the prime country market has been posting some meaningful growth in average values and transaction numbers.
Dorking named ‘top commuter hotspot’ for 2016
The Surrey town of Dorking has been ranked as the #1 commuter hotspot to watch in 2016, after a survey of house prices and travel across the south east of England.
Encourage estate owners to release land for affordable homes – RICS
The owners of England's 5,000 biggest country estates should be giving up some of their land to make way for more affordable housing, the RICS has suggested.
Slew of super-prime deals for VanHan
Proving that 2015 definitely wasn't all doom and gloom, Thomas van Straubenzee and Rory Penn's top-end agency VanHan tucked away a raft of major resi deals over the last 12 months, averaging £16m apiece.
Buy-to-let SDLT surcharge consultation: Now open
The government cheekily chose a Bank Holiday Monday in the middle of the holiday season to launch a consultation into its scheme to charge an extra 3% stamp duty levy on second homes and buy-to-let properties.
Uncertainty reigns in PCL after ‘disorientating’ tax changes
It sounds like vendors are starting to get the message that the market in prime central London has undergone something of a sea change.
Number of Londoners leaving the capital hits eight-year high
Londoners bought 63,000 homes outside the capital last year, a chunky increase on 2014's figure of 38,000.