The Market
Redrow tops £1bn in turnover as it pulls back from PCL
Giant housebuilder Redrow has "curtailed" its land buying in super-prime areas of London in response to the softening market.
Stick or List: Why building out now makes more sense than trading in
It's no surprise that planning applications are on the rise while transactions have been dropping like a stone, says Matthew Kaye;
Lurot Brand opens up in Notting Hill
Sales and lettings agency Lurot Brand has added to its central London network with a shiny new shop front in W11.
Hong Kong trumps London & New York as world’s highest value resi location
Hong Kong has held onto its crown as the world’s highest value residential location, recording an average price per square foot way above that of London or New York.
Uncertainty in Chinese stock market ‘likely to drive appetite for London property’
China’s economic crisis sent shockwaves through markets across the world, but Chinese investors are likely to continue investing in reliable overseas assets, including London property, says Black Brick's Camilla…
‘Tate Modern style’ house on Glebe Place asks £14m
Glebe Place is one of Chelsea's most intriguing turnings for a number of reasons; first and foremost for being where Uncle Monty resided in great splendour in cult film Withnail & I (at Number 35).
PCL buyers in restrained mood as price growth falls to five-year low
August is usually pretty quiet in prime central London, but a combo of higher stamp duty and global financial turmoil put buyers in particularly restrained mood this time around.
Prime Property of the Week: Hammer Prime
Eaton Square, Belgravia
£500k+
Prime central London rental growth slows as stock levels stay up
Rental value growth in prime central London has dropped to its lowest quarterly level since April 2014, says Knight Frank, as demand dropped in August but supply levels stayed high.
Housebuilder warns on ‘severe’ lack of construction workers
Major housebuilder Weston Homes has warned that a "severe" shortfall in skilled workers is the biggest challenge facing the industry as it aims to hit the Government's target of 200,000 new homes…
Stocks & Scares: How will China’s financial turmoil affect the UK property market?
The UK resi market may have lost some of the 'like-to-buys’ recently, but there is still no better place to invest your money, says Trevor Abrahmsohn...
Tough new clean construction rules come into play for London sites
Construction site managers throughout London are now required to retrofit or replace old, polluting machinery in "a world-first step" to help clean up the capital's air and reduce damaging emissions from…