The Market
Domestic buyers rise to ‘new level of prominence’ in the London market
The proportion of sales to overseas buyers in London has fallen to 21%, according to Marsh & Parsons, as recent tax changes continue take their toll on international demand.
‘Home of Morse code’ up for £5.5m
Famed as the original "home of Morse code", the former British School of Telegraphy in Earls Court has just come up for sale.
Changing asking price can double length of time to sell
Altering an asking price - either up or down - leads to slower sales, according to some research by GetAgent.
Three new recruits for Harrods Estates in Chelsea
Harrods Estates has added three new team members to its Chelsea operation, including a new London Resi Sales Manager.
Cain Hoy & Sager tuning up to launch £400m Islington Square scheme
It sounds like Cain Hoy and Sager are pulling out all the stops to launch their new flagship development in Islington next month.
Former Slovenian Embassy in Westminster up for £5m
The former Slovenian Embassy in Westminster has come up for sale, complete with planning for a resi rejig.
Built between 1899-1900 to a design by by F.
Prime regional cities outperform as urban living trumps rural appeal
Prime country house prices increased by 2.7% in the year to September, says Knight Frank. That's quite the chunk down on last year's high point of +5.
Transactions plummet in Q3, but house deals buck the trend
"Investment demand has not abated in Prime central London, contrary to recent reports from commentators such as UBS that the market is at risk of a downturn," says London Central Portfolio after taking…
Resi sales success for British Land and Amazon in Bayswater
British Land has turned in another robust set of results, reporting underlying pre-tax profit of £171m (up 10.
UK house prices rise 6.1% as North-South divide deepens
UK average house prices increased by 6.1% in the year to September 2015, up from 5.
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".