The Market

Mayoral candidate Sadiq Kahn has turned his steely gaze to the topic of transparency in the London property market.

It's been claimed there were 18,500 "unfair" planning permission rejections in the UK last year, and that this year's figure could be even higher.

Buyers baulking at the prices commanded in the Golden Triangle of Belgravia, Knightsbridge and Mayfair have been offered a few tips for finding value in PCL. First up, says CBRE, don't forget St James's.

Monaco, Hong Kong and London are the most expensive places to buy a single square metre of prime residential real estate, according to the latest sums from Knight Frank and Douglas Elliman.

An important early Georgian Gothic Revival house has hit the market complete with a private driveway over the legendary Prescott Hill Climb, home of the Bugatti Owners' Club.

The sale of the 580,000 square foot Old War Office was formally put to bed yesterday, paving the way for Churchill's former stomping ground to be turned into resi apartments and a luxury hotel.

CBRE has reported a particularly strong few months in the West End market, after tucking away just shy of £60m worth of stock in Q4.

Annual rental value growth in prime central London has fallen to -0.2%, says Knight Frank, the first time the annual rate has pointed downwards since June 2014.

London's Golden Postcodes are losing their shine, as both sale and rentals values slip according to the latest analysis by Knight Frank. Sale prices across prime central London dipped by 0.

"Uncertainty in financial markets and domestic political concerns have moderated demand in prime central London," says Knight Frank.

Weakened demand has prompted JLL to significantly downgrade its forecasts for central London's resi development market.

The sub-£1m home is soon to become a thing of the past in Mayfair and the wider West End.