The Market
Prime London prices end the year up 0.5% but Knightsbridge, Belgravia and Mayfair take a tumble
Prime London property prices dipped by -0.8% in Q4, reports Savills, taking the annual movement to +0.5%.
Seasonal transaction slowdown slows down – HMRC
101,960 residential property deals went through in November (on a seasonally adjusted basis), according to the latest from HMRC. That's 5.
The Nightmare Deal: What happens when a sale fails to complete?
Thankfully it doesn't happen very often, but when the contractual time for completion has come and gone, what are the options for the non-defaulting party?
Allsop closes 2015 with bumper Christmas sale
Allsop has closed out 2015 with a £68.4m sale, taking the total amount of resi sold via the auction house this year to over £457m.
Osborne ‘in for a shock’ when 2015’s stamp duty receipts are counted up – Chestertons
George Osborne is "burying his head in the sand" by ignoring industry calls to review last year’s changes to Stamp Duty and will "likely be in for a shock" when 2015's final receipts are added up, Chestertons…
Total value of PCL sales plummets by a quarter
The combined value of the houses and flats sold in prime central London fell by nearly 25% this year, according to new analysis by LonRes.
Outer Prime to outshine PCL in 2016; Queen’s Park & Tooting the ‘hot tickets’
The fringes of the capital should comfortably outperform prime central London next year, according to Marsh & Parsons, with Queen's Park and Tooting picked out as the "hot tickets".
Resort Chic: Finchatton unveils epic $24m Bahamas apartment
Top-end developer Finchatton has given us a sneak peek at its latest international design project - a $24m, 7,775 square foot residence in one of the world's most exclusive resorts.
Newcourt snaps up prime Tunbridge Wells site
Newcourt Residential has bagged a rather lovely Victorian mews building just off the iconic Pantiles in Tunbridge Wells.
Newcourt MD Karl Elkhadraoui
Brace of big deals reported in Mayfair
We may be nearing full festive mode, but it sounds like a couple of significant deals have gone/are going down in Mayfair.
Wealthy Iranian buyers prepare for a return to prime central London
Estate agents in prime London are expecting an influx of wealthy Iranian buyers next year as sanctions in place since the 70s look set to be lifted.
Britain now has 622,939 ‘property millionaires’
There are currently 622,939 "property millionaires" in Britain, according to Zoopla's latest estimate, 75,796 more than there were in January.
A 14% rise over the last year now means that 2.