The Market
Top Gun: A-list approved Knightsbridge penthouse asks £35m
One of the most expensive rental properties in the capital - a 10,000 square foot penthouse in Knightsbridge that costs a cool £40k per week to hire - is being offered up for sale with a £35m price…
Combien? French government buildings up for £100m
21-23 Cromwell Road in South Kensington and 58 Knightsbridge, better known as the French embassy and consulate respectively, have reportedly been put up for sale.
‘Game-changing’ planning reforms include permission-free upward extensions in London
The government has released "the second half of the Budget" today, with a heavy focus on addressing the shortage of housing supply - a topic that was noticeably absent from Wednesday's speech.
Unblocking The Pipelines: Why the Chancellor’s planning reforms are long overdue
Enough of planning constipation; the system could do with a dose of ‘Montezuma's revenge’, says Trevor Abrahmsohn...
Hallelujah, at last planning reforms and not a moment too soon. Well done George!
Prime Property of the Week: Within Range
Grovelands, Totteridge, North London
£19.95m
A mere half an hour from the hustle and bustle of Tottenham Court Road, this remarkable private estate sits in 11.
Open Seasons: Summer property market strengthens as buyers go mobile
If your mobile site is in need of work, it might be time to call in the developers.
SE London market unaffected by summer slowdown – JLL
JLL's South East operation is apparently rattling through six sales a week at the moment, which is pretty good going for the height of summer.
Lawes
Avenue Road mansion goes for over £40m in pre-election mega-deal
One of the deals of 2015 has just come to light in St John's Wood.
According to Land Registry records, a mansion on leafy Avenue Road (not far from Lord's) went for a whopping £40.
Docklands property ‘resilient’ in face of global financial uncertainty
"Soaring" sales and lettings in Canary Wharf and Docklands are likely to be immune from both political posturing between global banking corporations and the Treasury, and the looming spectre of a possible…
Get Your Côte: French Riviera ‘next in line’ for ultra-prime boom
A weak euro, suppressed prices and some recent tax changes have made property on the French Riviera much more appealing to foreign purchasers of late, reports Savills.
OBR cuts 2020 house price forecasts by 5% – but the Budget won’t affect the market
The Office of Budget Responsibility has revised its medium-term forecasts for the property market down by 5% to +34.1% by Q1 2020, but not as a result of yesterday's Budget.
In real terms, that's a +13.
Required Reading: The Summer Budget 2015
Mishcon de Reya's detailed crib sheet has everything you need to know about the Conservative's Emergency Budget, delivered by George Osborne on 8th July.