The Market
Scottish prime hesitates as referendum looms
After three quarters of growth in a row, there was no change in prime Scottish house prices in Q2, says Knight Frank, leaving annual growth at +2.8% as the market eyes up the looming independence referendum
King’s Road scheme blocked over affordable housing provision
The Planning Inspectorate has upheld a decision to refuse permission for a new scheme in Chelsea, on the grounds that it didn't provide enough affordable housing.
68% of LPAs to miss April’s CIL charge date; ‘a significant impact on the delivery of housing’ likely
68% of local planning authorities won't have a CIL charge in place by the time Section 106 restrictions come in in April 2015, say Savills and the Federation of Master Builders
Average UK prices breach 2007’s peak
After a 1% rise in June to take the annual increase to +11.8%, average UK property prices have now breached their 2007 peak, says Knight Frank
Spike in number of consumers predicting >10% house price growth
EXCLUSIVE: People are getting more bullish about big house price rises over the next 12 months, according to a new survey by Rightmove
Marylebone now a ‘top three’ location as rental values surge
The capital's lettings landscape appears to be undergoing some pretty significant changes right now.
Capital Gains Tax for non-residents: ‘There are better ways’
"The Inland Revenue has not thought through the intricacies and practicalities of implementing " says Mishcon de Reya's Andrew Goldstone in the law firm's response to the Government's CGT consultation.
‘Market forces are alive and well’ as PCL self corrects – Knight Frank
After 44 months of on-the-trot growth, prime central London is beginning to moderate itself says Knight Frank, as prices continue to rise but exchanges, viewings and new applicant numbers fall compared…
Resi developers shell out as Met Police offloads ‘under-used’ buildings
By selling off 32 sites across Greater London last year - including a number of police stations - the Met Police has been praised for generating a handy £125m to reinvest back into frontline policing. T
Transaction levels getting back to normal as London prices hit double the UK average
The average London house price is now double the UK average for the first time, says Cushman & Wakefield. Salaries in the capital, meanwhile, are 30% more than the UK average.
Are we finally seeing the return of the big spenders?
Super-prime buyers are coming out of the woodwork at last, says Trevor Abrahmsohn...
£500k garage hits the market in Kensington
A single garage in W8 has just been put up for sale with a guide price of £500,000.
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