The Market
Money Talks: The impact of currency fluctuations on PCL buyers and owners
In the last four months alone, the same hypothetical house in one of the best parts of prime central London has become 16% cheaper for a Swiss buyer converting francs, but a mind-boggling 47% more exp…
Bullish mortgage brokers back buy-to-let and shorter terms
82% of mortgage brokers think that the buy-to-let market will continue to strengthen during 2015, according to a survey by Dragonfly Property Finance.
Out of the Shadows: Reforming Rights of Light
The Law Commission describes a 'right of light' as an easement that gives a landowner the right to receive light through defined apertures in buildings on his or her land.
Another country clamps down on foreign buyers
Hot on the heels of Australia's proposals to stem the tide of foreign buyers snapping up its top-end real estate, Taiwan has announced plans to impose a whacking great 30% tax rate on overseas property i…
Lodha taps into Mayfair’s Indian millionaires to sell world’s tallest resi skyscraper
Indian mega-developer Lodha has tasked Mount Street-based agency Wetherell with launching its latest super-prime project, nearly 4,500 miles away in South Mumbai.
Asking prices jump as supply of quality stock dries up
Despite all the market talk of waiting-and-seeing, Rightmove reported its busiest ever month in January - 100 million site visits and around 100 enquiries to agents every minute - but stock levels are…
How Bath, Bristol, Cheltenham & Oxford left the rest of the market behind
Things are really cooking in the prime city markets outside of London right now.
K&C house price growth Vs selected other assets
Tricksy times ahead for the prime property market, notes Chestertons, but there's still life in the long-term fortunes..
How will eurozone quantitative easing affect the UK’s prime property market?
The European Central Bank's decision last month to make some more money could swing both ways for Britain's residential property market, says Chestertons' Nick Barnes
Thumbs up for Farringdon office-to-resi scheme
Another significant resi development has been given the go-ahead near Smithfield market in Farringdon
PCL lettings market ‘set for a boost’ as sales transactions plummet
A grand total of 693 properties were sold in prime central London during Q4 2014, according to Strutt & Parker and Lonres. That's 32.5% down on the same period in 2013.
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‘The short-term confidence outlook is negative’ as January chills – RICS
The RICS has confirmed what everyone else is seeing, reporting that the national and London markets are cooling right down with prices, enquiries and sales all tailing off in January.