The Market
£2m+ buyers ‘are expecting a discount on last year’s prices’ – Savills
"The prime London market now looks fully taxed and buyers are slower to commit," says Savills' Lucian Cook, as the firm's quarterly review indicates a small drop in prime central London prices over the…
Thackeray Estate bags two planning nods and £40m worth of deals in heady summer
The Thackeray Estate had a pretty industrious summer by all accounts, bagging planning to transform two prominent sites in Chelsea and Southwark into top-end resi schemes, selling a boutique development…
Bigger than the White House: UK developer unveils triple giga-mansion scheme in Bel Air
The Park Bel Air promises 'the finest living experience in the world'...
Level Set: Mass penthouse development site goes up for sale in SW London
An intriguing resi development opportunity has just come up in leafy Chiswick, after planners green-lighted a scheme to add a single vertical extension across a range of 1930s buildings, essentially creating…
Criterion debuts ‘London’s most luxurious student digs’
A batch of newly-refurbished apartments in Mayfair have been launched as "London's ultimate student pads", with prices going all the way up to £21,000 per month.
Stamp duty hike was ‘probably inappropriate’ says Harrods boss
The MD of Harrods reckons George Osborne's stamp duty reforms were "probably inappropriate" and sent a "worrying signal" abroad.
Incredible live/work space of design pioneer asks £12m
The home and studio of global design hero Ross Lovegrove has just hit the market in Notting Hill.
2% is the ‘new normal’ interest rate until 2020 – Cebr
The Centre for Economics and Business Research has pushed back its prediction for when the Bank of England will raise interest rates, to May or August next year.
UK house prices carry on up – but not in Chelsea
House prices increased by 0.5% last month, taking the annual rise to +4.2% according to the latest from the Land Registry.
In London, prices rose by 1.7% in August, taking annual price growth to +6.6%.
‘Noticeable loss in confidence’ in private housing sector – RIBA
There's been a "noticeable loss in confidence" in the private housing sector amongst architects, says the RIBA in its latest member survey.
‘Bottom up growth’ as Scotland’s prime markets tumble
A year on from Referendum day, Scotland's property market "is adjusting to fiscal changes, as comparative value stimulates buyer activity," says Savills.
Mapped: The resi towers transforming London’s skyline
"Incredibly and suddenly London’s skyline is coming of age", says JLL in a new survey of the resi structures due to change the face of the capital.