The Market
Strutt & Parker hires country specialists from Knight Frank & Savills
Former Knight Frank Partner James Heron has joined Strutt & Parker's Ascot and Sunningdale branch.
Prime London prices end the year up 0.5% but Knightsbridge, Belgravia and Mayfair take a tumble
Prime London property prices dipped by -0.8% in Q4, reports Savills, taking the annual movement to +0.5%.
Total value of PCL sales plummets by a quarter
The combined value of the houses and flats sold in prime central London fell by nearly 25% this year, according to new analysis by LonRes.
Outer Prime to outshine PCL in 2016; Queen’s Park & Tooting the ‘hot tickets’
The fringes of the capital should comfortably outperform prime central London next year, according to Marsh & Parsons, with Queen's Park and Tooting picked out as the "hot tickets".
Resort Chic: Finchatton unveils epic $24m Bahamas apartment
Top-end developer Finchatton has given us a sneak peek at its latest international design project - a $24m, 7,775 square foot residence in one of the world's most exclusive resorts.
Newcourt snaps up prime Tunbridge Wells site
Newcourt Residential has bagged a rather lovely Victorian mews building just off the iconic Pantiles in Tunbridge Wells.
Newcourt MD Karl Elkhadraoui
Brace of big deals reported in Mayfair
We may be nearing full festive mode, but it sounds like a couple of significant deals have gone/are going down in Mayfair.
Scotland hikes LBTT for second homes in line with SDLT
John Swinney has followed George Osborne's lead, announcing a 3% increase in the Land and Buildings Transaction Tax rate for additional properties in Scotland, such as buy-to-let and second homes.
Britain now has 622,939 ‘property millionaires’
There are currently 622,939 "property millionaires" in Britain, according to Zoopla's latest estimate, 75,796 more than there were in January.
A 14% rise over the last year now means that 2.
‘Drastic changes’ needed ‘to fix Britain’s broken housing market’ – NAEA & ARLA
"The news is bleak" says the Association of Residential Letting Agents (ARLA) and National Association of Estate Agents (NAEA) as it forecasts that home ownership will fall by 7% in the coming decade…
Wealthy Iranian buyers prepare for a return to prime central London
Estate agents in prime London are expecting an influx of wealthy Iranian buyers next year as sanctions in place since the 70s look set to be lifted.
Infography: How house prices have changed since 1995
As you may have noticed, house prices have gone up a bit in the last 20 or so years.