The Market
Conveyancer jailed for £350k stamp duty swindle
A conveyancer from north west London has been jailed for three years and four months after being found guilty of "swindling" his clients and HMRC out of £352,500 in stamp duty.
Asking prices get smallest November trim since 2011
At -1.3%, the traditional pre-Christmas dip in asking prices has turned out to be the smallest since 2011, says Rightmove, which is "indicative of even higher prices next year".
50% Off: Knightsbridge agency plans Black Friday fee slash
Beauchamp Place-based Patterson Bowe will be offering a 50% fee discount
Patient Capital: The rise of the Prime Private Rented Sector
Commentary on the private rented sector often fails to acknowledge that there has long been a thriving rental market at the very top end of prime residential property, says Olivia Tassell...
The nine biggest risks to the residential property market
A quicker-than-expected rise in interest rates again tops Knight Frank's latest assessment of risks facing the residential property market.
Film Stock: Curzon Mayfair penthouse asks £15.5m
Formerly the home of legendary beat pop purveyor Dave Clark
Suburban Resistance: How Outer London boroughs turned down 4,160 potential new homes in H1
London's Inner boroughs are granting planning permission for more new homes than all the surrounding Outer boroughs put together, according to new research out today.
The correction in prime central London ‘has already happened’ – W.A.Ellis
The bubble may have burst in PCL but the effect is not as decimating as recent reports from UBS and Deutsche bank might suggest, says W.A.Ellis' Richard Barber...
Prices to rise by 25% in five years as ‘no easing in supply constraint’ – RICS
UK House prices are expected to rise by 4.5% per annum over the next five years, delivering a cumulative increase of around 25% according to the latest from RICS.
RICS Forecasts
The average home now changes hands every 19 years
The average number of years between property sales has dropped from nearly 25 to just under 19 since 2010, with southern homes shifting far more frequently than those in the North.
Property prices to rise by 20% over the next five years – Knight Frank
UK house prices will grow by 20.3% over the next five years, predicts Knight Frank, with prime central London bouncing back after a slow 2016 to deliver +20.
Housing supply jumps 25% as new-builds and conversions soar – HMRC
170,690 new homes were added to England's total housing supply in 2014-15, representing a massive 25% increase in net additional dwellings from 2013-14, according to the latest from HMRC.