The Market
New tenancy deals in the Home Counties jump by 9%
Home Counties rents increased by 0.9% in Q1 2016, taking the annual change in rental values to +1.7% (from +4.7% a year earlier, in March 2015) according to Knight Frank's latest.
Grosvenor prepares for ‘inevitable’ market correction
Grosvenor has reported a 22% fall in pre-tax profits in its latest set of results.
Profit before tax of £527m was recorded by the Duke of Westminster's property group, down from 2014's £681.
Planning nod for major new Paddington scheme
Westminster Council has green-lighted Berkeley Group's plans to transform West End Green.
The developer bagged the long-term vacant 2.
Rare prime Highgate development site up for sale
Nearly an acre of prime Highgate has just hit the market with planning for a seven-house scheme.
Super-prime lettings deals double
New figures have shown a massive rise in the number of lettings deals on properties worth £10m or more.
House prices have risen by 1,751% since the last European Referendum
Residential property prices in Britain have gone up a bit since we last voted on the European question back in 1975.
Is this the magic equation for ‘correctly’ valuing a property?
No, because everyone knows that doesn't exist. A buying agency has had a pretty good stab at it though.
Referendumbed Down: What would a Brexit mean for the prime resi sector?
It’s a rare event that commands such raging ambivalence.
BREXITWATCH: Four thoughts on the EU Referendum and its impact on the prime resi sector
Four of prime London's most informed pundits weigh in on the European question, delivering what looks to be a pretty representative cross section of opinions from the top-end of the residential property…
Ten-bed Phillimore mansion up for £36m
One of the biggest open-market instructions of the year has launched on Kensington's ultra-prime Upper Phillimore Gardens.
Planning nod for mass roof extension scheme in Ladbroke Grove
Eighteen residents of Ruston Mews in W11 have been given the go-ahead to carry out a joint roof extension after winning an appeal.
The Quiet After the Storm: A ‘noticeable softening in near term sales expectations’ – RICS
There's been a "noticeable softening in near term sales expectations", says the RICS, as the new second homes SDLT surcharge puts paid to the Winter's buy-to-let rush, and uncertainty driven by the EU…