The Market
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…
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.
Is online estate agency the new sliced bread?
...or just another feeble attempt to use the internet for something it was not designed for? Trevor Abrahmsohn cuts to the chase...
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.
‘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.
Growth Chart: 2014’s house price hotspots
"House price growth in England and Wales over 2014 was most definitely a London and southern based phenomenon," says Hamptons as it identifies the best-performing postcodes for property prices growth…
Westminster’s development pipeline hits 3,000 units
Strutt & Parker has been making some interesting observations on PCL's new-build sales market.
The rise of the seven-figure market: £1m+ deals triple in ten years
The number of £1m+ sales has shot up by 80% in London since 2006/7, helping the quantity of seven-figure deals across the country to probably breach its 2007 peak for the first time in 2014, notes Savills.
Flats and maisonettes lead PCL’s price growth – LCP
Prime central London has - "contrary to generally downbeat reports in 2014" - delivered the highest level of property price growth since the economic recovery properly kicked off in 2010, says an optimistic London…