The Market
Duty Bound: A PCL Investor’s Budget Day Wishlist
It's that time of year again and the whole industry is currently perched on the edge of its seat awaiting the contents of Osbo's battered red box and the results of the consultation on the 3% additional…
High Court slashes estate agent’s ‘outrageous’ money laundering fine
A £169,652 fine imposed on a Northamptonshire estate agency for failings related to money laundering regulation has been ridiculed by a High Court judge, who called the amount "seriously disproportionate",…
Purple Patches: CBRE tears up Lizzie Line forecasts as house prices steam ahead
Prices around Elizabeth Line (née Crossrail) stations have already smashed expectations, says CBRE, leading the firm to overhaul its original forecasts.
Wandsworth Council bans ‘dominating’ estate agents’ boards
Estate agents now need to apply for permission to put up advertising boards in Putney, Balham, Clapham Junction and Lavender Hill (maps of affected streets below), after the council waged war on what…
Leeming slams stamp duty surcharge; ‘the only losers will be tenants’
The incoming 3% stamp duty surcharge will fail to deter buy-to-let investors in most parts of the UK, according to one national agency, although it may succeed in making things harder for tenants.
Battersea Power Station masterplan tweak adds 400 ‘smaller, lower-priced’ homes
New proposals have gone in to switch out one of the three hotels planned at Battersea Power Station for another 400 resi units.
RBKC scraps permitted development rights for basements
The Royal Borough has confirmed it is to remove permitted development rights for all basement extensions from next month.
150-fold rise in London homes listed on AirBnB as private landlords get in on the act
London's homeowners are going nuts for AirBnB. JLL has recorded a 150-fold rise in the number of resi properties listed on the home-lettings website over the past five years.
CBRE hires big gun from Chestertons to lead international sales team
CBRE has recruited a top name from Chestertons to head up its central London-based international sales operation.
Carneyballs: Where is Mervyn King when you need him?
The ‘gaffe-prone’ Governor is at it again, says Trevor Abrahmsohn - is he really worth £870k a year?
A ‘dangerous cocktail’ mutes the outlook for global house prices in 2016
The global economy is supping on a "dangerous cocktail", says Knight Frank, as low oil prices, a strong dollar and a struggling China combine to quell expectations of property price increases in the coming…
Is this the most undervalued postcode in London’s West End?
The prime districts on Hyde Park's northern border have been identified as "the most undervalued in London's West End", with average values between 20% and 40% lower than in neighbouring areas.