The Market
Developer hit with record £700k planning fine
The biggest planning fine in history has reportedly been handed down to a private developer after a six-storey block of flats went up in Hoxton without permission.
Buy-to-let SDLT surcharge ‘equivalent to 11 months income’ for landlords
The new 3% stamp duty surcharge on second homes and buy-to-lets "would be the equivalent to 11 months income for the average mortgaged landlord" says Countrywide Plc.
‘Shocking’ lack of knowledge about leases is a ‘ticking time bomb’
A law firm has warned of a "shocking" lack of knowledge about how leases work and the consequences of failing to extend, after carrying out a major survey of UK property owners.
(Empty) Miami Beach plot goes for £25m
One of the last undeveloped plots on Miami Beach has just been sold for an incredible $38.5m (£25.3m).
At A Glance: How the micro-markets of London have performed this year
This handy top-line comparison of the capital's key neighbourhoods deserves to be made into some kind of poster.
Smallest December asking price dip since 2006
Rightmove's latest monthly check has shown a 1.1% dip in the asking prices of new properties being listed across England & Wales, the lowest December fall seen since 2006.
Councils rally against Bishopsgate Goodsyard proposals
Tower Hamlets and Hackney have dealt Hammerson and Ballymore's controversial Bishopsgate Goodsyard scheme a hefty one-two by simultaneously rejecting the latest proposals.
‘30,000 new-build homes to flood the London market’ as foreign buyers head for the exit
The "large volume" of new-build stock currently flowing onto the off-plan sales market in London could turn into a flood next year, according to Cluttons.
Global Construction Costs Compared: London prices ‘beginning to threaten the viability’ of projects
New York, London and Hong Kong are the most expensive locations for construction in the world, with cost premiums of between 40% and 60% compared with many European cities, and a "severe construction…
Millionaires’ Rows: The 50 most expensive streets in England & Wales, mapped
All but one of the country's 50 most expensive streets are in the South East of England, says Lloyds Bank
London ‘at risk of being irrevocably damaged’ by raft of new towers
Historic England has decided to update its advice on the planning and design of tall buildings after of a surge of new applications in the capital.
Property stock levels slip to record low as new instructions fall again
The number of properties on surveyor’s books reached a new low in November, says the RICS, as prices continue to rise at a "firm pace" and transaction levels stay flat.