The Market

David Cameron's vow to crack down on the purchase of UK properties via “anonymous shell companies” grabbed plenty of headlines yesterday.

More details have been emerging about the resi element of Stanhope's £1.5bn transformation of BBC Television Centre.

A big sale has gone through on leafy Avenue Road in St John's Wood, just a few weeks after a neighbouring mansion changed hands for over £40m.

Just a few months after RBKC claimed victory in its long-running war on mega-basements, Westminster has announced plans to tackle a so-called “underground epidemic” across central London.

The volume in sales for properties over £1.5m looks set to fall for the first time in two years, according to 44-branch estate agency Jackson-Stops & Staff, despite year-on-year growth 36% from 2012-2014.

David Cameron has announced a crackdown on the purchase of UK properties via "anonymous shell companies".

A 1.1% increase between May and June gives an annual price increase of 5.

A prime waterfront property is now worth an average of 70% more than a similar property inland, according to new analysis of homes along the UK's waterways and coastlines.

It sounds like Cheyne Walk is about to get yet another famous resident, in the shape of the former mayor of New York, Michael Bloomberg.

A top end removals company has predicted some serious supply and demand issues over the coming weeks, as buyers scramble to get settled in time for the new school term.

Southern Grove and Topland Group have bought up a sizeable retail block in Ealing with designs on a £70m resi-led scheme.

Harrods Estates has hired Sam Wright to head up the lettings department of its new office on Kensington Church Street.