The Market
85% of tenants are now opting to renew contracts – Foxtons
Foxtons is reporting that a record number - 85% - of all its tenancies are renewing contracts.
‘Substantial uptick’ in Manhattan deals as prices dip
"The number of Manhattan apartment sales greatly increased in the four weeks leading up to July 1," says New York real estate website City Realty from across the pond.
‘Stamp Duty reform has had little impact’ – CBRE
December's Stamp Duty reform probably hasn't had that big an impact on the £2m+ property market, argues CBRE.
South Bank Scramble: 1000 buyers register for Shell Centre apartments
How's this for a soft launch...
Over 1,000 buyers have already enquired about apartments in the soon-to-be-transformed Shell Centre, less than a week after the registration process began.
Immigration Bill: Why Greg Clark should let letting agents do their job
All this unpaid work is making life so tedious that it's almost not worth doing the job at all, says Trevor Abrahmsohn...
Prime London Lettings Market Overview: Analysing Q2’s ‘important shift’
In stark contrast to what's being going on in the sales market, average rental values across prime London are now 7.4% higher than they were at this point last year.
Prime London rents falter as bankers’ optimism fades
Rental values in prime central London have dropped - albeit by the smallest of measures - for the first time since February 2014. July saw PCL rents fall by 0.
Pace of price growth in global prime cities halves – Knight Frank
"Asian cities are rising up the rankings," says Knight Frank, as seven of the top ten cities in its Prime Global Cities Index are now based in the Asia Pacific region.
London’s prisons set for resi cell-off?
Speculation is mounting over a potential sell-off of London's inner-city prison sites for resi redevelopment.
London generating nearly half of all UK stamp duty revenue
Nearly 50% of the SDLT revenue hitting the Treasury's coffers is being generated via transactions in the capital, according to new research.
Prime central London sales transactions jump 21% in Q2 – JLL
Sales transactions in prime central London rocketed by 21% in Q2 compared to Q1 of this year, says JLL, but levels are still 32% down year-on-year.
See how this compares to LonRes' Q2 findings here
Dead Cats Don’t Bounce: Why the London property market lies in the doldrums
The trophy house will continue to sell but the buyer’s market has returned, says LonRes Chairman William Carrington...