The Market
£2m+ sales collapse as SDLT overhaul takes its toll in prime London – D&G
Sales of £2m+ homes in London "collapsed" last year, says Douglas & Gordon, with the number of transactions tumbling by 64% in the last nine months of 2015 against the same period in 2013.
Ten buyers are now vying for each available property – NAEA
The number of house-hunters registered per estate agency branch rose by 20% as the supply of housing available to buy fell towards the end of 2015, reports the National Association of Estate Agents.
Marsh & Parsons makes a move on Tooting
Marsh & Parsons will hit something of a landmark next week when it opens its 25th shop front in the capital.
Stuck In The System: Housebuilders hit back at ‘bumper backlog’ claims
A weary Home Builders Federation has hit back at claims that developers in England are sitting on a record 475,647 green-lit, but unbuilt, new homes.
LGA calls for full Council Tax to be charged on unbuilt homes
There are a record 475,647 homes in England which have been given planning permission but have yet to be built, says the Local Government Association as it calls for developers to pay full council tax…
Super-prime transactions take a tumble in Manhattan
London isn't the only place where top-end transactions have tanked recently. Although the prices of luxury apartments in Manhattan hit new heights in 2015, the number of $10m+ deals fell by nearly 14%.
Pastor signs up ex-Foxtons & W.A.Ellis man
Simon Green joins Curzon Street-based sales team
Planning application competition ‘could relieve burden on cash-strapped local authorities’
An amendment in the Housing and Planning Bill that could see external parties taking some of the planning strain away from under-resourced councils is a "step in the right direction", according to the…
Boltons Boltholes: New scheme transforms ‘secret’ Chelsea artists’ studios
An unusual 27-unit project in Chelsea's ultra-exclusive Bolton Conservation Area has brought some "hidden" artists' studios back to life as hi-spec boltholes.
Savills opens up in Maida Vale
Savills has taken its tally of branches in the capital up to 36 with the launch of a new offering in W9.
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.