The Market
Cash Out: Mortgages on £1m+ homes double as seven figures becomes the new normal
Mortgages for homes over £1m are now at their highest level in ten years, says Hamptons International, as seven-figure properties are "no longer just for the super-wealthy".
Prime markets polarise further amid Q1 activity boost
Last month's stamp duty deadline may have boosted activity levels across the board in Q1, but the big trend appears to be one of increasing localisation - particularly in the capital.
Marsh & Parsons boosts presence in NW London
Marsh & Parsons is continuing its advance across the capital with another office opening, the agency's second of 2016 so far and 26th to date.
Finance Bill last chance for rental sector to avoid ‘triple-lock’
The triple whammy of stamp duty reform, changes to buy-to-let mortgage tax relief and the Bank of England’s new rules for mortgage lenders will have "catastrophic consequences" for the UK rental sector,…
Have boffins worked out how to predict the next up-and-coming neighbourhood?
Forget skips and Starbucks' - researchers from Cambridge, Birmingham, Queen Mary and UCL have put forward some compelling ideas on how location-based social networks could foretell the gentrification…
The Bubble Deflates…Slowly: PCL values peaked in 2014 and have already fallen 15%
From talking to agents, looking at valuations over the last two years and then analysing the market evidence, James Wyatt's research house Parthenia figures that prices in prime central London have already…
UK ‘still one of the cheapest places to invest in rental property’
In total tax take terms, the UK remains one of the cheapest countries in the world for investors involved in resi and commercial property rental, according to a new study.
A-list US auction house to debut in Europe
A US property auction house known for its starry clientele is to hold its first European sale next week.
Housing supply is ‘increasing markedly’ as UK-wide planning permissions rise
The number of initial planning permissions approved across Great Britain has risen steadily every year since 2009, says The Home Builders' Federation (HBF), with actual housing supply also "increasing…
Chelsea agency makes a move on Spain
Longstanding Chelsea estate agency Maskells has teamed up with an overseas partner to offer clients access to prime Spanish stock.
Villa Colorado in Marbella, on the market at €11.9m
Emerging Prime values hold up as younger buyers move in
Douglas & Gordon's latest statistics provide further confirmation that London's centre cannot hold, as house prices in "emerging prime" areas drift down at a slower rate than in prime proper for the second…
Planning approvals for new homes in London tumble by 64%
Four in ten new London homes were rejected by planners in Q1, as the total number of approvals tumbled by 64% compared to the same period last year - although Westminster and Kensington & Chelsea approved…