The Market
£5m+ transactions in prime London have tumbled by 49% in the last year
The Lonres Residential Review, Spring 2015: The sales market.
As befits an election year, demand levels have dropped and, as a result, so have transactions and values.
Lonres Residential Review: Prime London’s lettings market in Q1
Conditions in the residential rental market of prime London remain more bouyant than the sales market, although there is still an air of caution among tenants.
Lonres Residential Review: The national picture in Q1
Growth in the UK economy in 2014 stands at 2.8%, the highest rate recorded since 2006.
Residential development land prices dip for first time since 2012
Average greenfield residential development land prices fell by 1.8% in Q1, says Knight Frank, taking the annual change to -0.
Transactions tumble as house prices stumble – Land Registry
House prices across England and Wales have dropped by 0.8% since February, according to the latest batch of Land Registry data, taking the annual price change to +5.3%.
Foxtons blames sales dip on election slowdown
Foxtons has reported raking in total revenues of £33.1m in Q1, down 3.1% on the same period last year.
Ale Be Back: Demolished Maida Vale pub to be rebuilt?
Westminster is considering issuing an unprecedented enforcement notice that would require the recreation of a demolished pub "in facsimile" within 18 months.
Buy-to-let landlords ‘seriously in the dark’ on annual running costs
It's been claimed that some UK landlords are overestimating their potential buy-to-let returns by up to 50%, as new research puts the total cost average annual cost of running and upkeep of a BTL property…
Students overtake financial sector as PCL’s biggest renters
New research has claimed that students are now the biggest renters in prime central London, overtaking the financial sector in terms of numbers and shelling out an average of £28,866 a year in rent.
The Lonres Spring Review: Carrington on Q1
Lonres Chairman William Carrington looks back on a period of declining transaction levels and deflating prices...
In Recent Proposals: Notable small-scale planning applications
It’s not nosey. Just interesting to see the type of stuff that’s going through planning at the moment…
Mayfair ‘blight’ to become London’s next £500m scheme?
One of the last remaining major development sites in Mayfair is being put up for sale this week, with some talking about the potential for a £500m scheme.