The Market
A third of properties on the market are now reduced – Zoopla
One in three properties currently listed on Zoopla have been reduced to some degree, says the portal, with discounts adding up to a grand total of £3.8b
Westminster to shut door on office-to-resi conversions
Westminster City Council is pretty worried about all the office-to-resi conversions going on at the moment. So much so that it's in the process of overhauling its policy to "reverse the current trend".
Prime London property now ‘wholly in the shadow’ of May’s election
London's prime resi market is now operating "wholly in the shadow" of May's general election, says Knight Frank, with those changes to stamp duty adding to this short term uncertainty to squash demand…
Mansion tax and the prime London lettings market: An impact assessment
About 20,000 rental properties in London are worth £2m or more, says Knight Frank. A mansion tax on the these homes could have some significant unintended consequences for tenants and landlords...
New Lettings Manager for Henry & James
PCL-based independent Henry & James has hired Steve Cook to head up its Belgravia lettings team.
Hamptons boosts Land & New Homes team
Hamptons International has ramped up its Country Residential Development & Investment, Land & New Homes offering, with the appointment of James Turpin as Senior Land Negotiator.
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$500k pcm New York apartment finds a tenant
The priciest rental apartment in New York City has finally found a tenant.
Forecast: SDLT reform to counter pre-election slowdown in 2015
House prices across England and Wales are going to rise by 4% next year - down from this year's +8.6% - thinks Hamptons International, while prime central London will dribble up by just 0
Old War Office-to-Resi: Hinduja Group lands 57 Whitehall
The race to buy one of the most iconic buildings in central London is over
Average asking prices up 7% in 2014 – Rightmove
2014 has ended with the largest ever monthly fall in average asking prices across the UK, according to Rightmove's latest tally, although they're still up by 7% on an annual basis.
Scare B&B: Just how risky are short term lets?
Following recent reforms allowing Londoners to let their property on short leases without the need for permits, an increasing number of high value homes have appeared on short term letting websites. B
SDLT reform to drive a 2-5% sales boost – RICS
George Osborne's overhaul of the Stamp Duty system, creating a progressive regime that delivers savings to all but the top 2% of home buyers, "has the potential to trigger a material shift in market sentiment…