The Market
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.
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.
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?
Record results for Savills despite ‘weak’ UK resi market
Savills has posted a 16% rise in annual pre-tax profits as a strong performance by the commercial arm offset tough times on the resi front.
PCL price expectations turn down as valuations stretch the fundamentals – RICS
"The challenges facing the top end of the capital’s property market are clearly visible" says the RICS, as its latest survey of chartered surveyors shows expectations of price growth in prime central…
Cash buyers behind a third of £1m-plus sales
It's been estimated that around one in three £1m+ properties sold in England & Wales over the last five years were paid for in cash.
Case Study: Turning a Notting Hill ‘housette’ into a Tardis
Soho-based development firm Landmass talks us through the remarkable transformation of a 622 square foot 'chocolate box' into a 3,280 square foot, five-storey residence valued at £6.95m.
The Fashion of Height: London’s tall building pipeline hits 436
Since this time last year, another 119 tall buildings have been added to London's development pipeline, bringing the total number of 20+ storey structures planned up to 436.
Average new-build service charge rises to £2,777
Service charges are on the up across the UK, according to a new survey, which also points out a massive gap between how much new-build owners pay compared to those with older properties.