The Market
Great Portland’s Rathbone Place scheme hits £223m in sales
Great Portland Estates has reported shifting over £223m worth of units at its Rathbone Square scheme in W1.
LBTT drives record number of Scottish £1m+ sales
March saw the highest number of £1m+ sales ever recorded in a single month in Scotland, according to new research into the impact of the introduction of Land and Buildings Transaction Tax.
How Does Your Garden Grow: Putting a price on outside space
The start of the Chelsea Flower Show tomorrow has prompted some timely workings on the value of outside space from Marsh & Parsons.
Buyer offers £110m for Picasso’s Cannes mansion
One of the most famous villas in all of France could be about to hit the market, and it sounds like there's already been some private interest to the tune of £110m.
US buyers £33k worse off than last week as sterling soars
Foreign buyers have seen the cost of buying a property in the UK rocket over the last week, after a Tory election win sent the value of the pound skywards.
Asking prices fall in May for the first time in five years
Rightmove recorded an unseasonal but not unpredictable fall in asking prices before the election.
Qataris behind £40m Mount Street mega-deal?
It sounds like a chunky deal may have just gone through on Mayfair's Mount Street.
Pre-election new instructions fell at fastest rate since 2009 – RICS
Pre-election uncertainty saw new instructions fall for the third month in a row, and house prices rise again in all parts of the UK in April, according to the latest from the RICS.
PCL house price growth hits five-year low
Property prices in prime central London nudged up by 0.3% in April, says Knight Frank, to take the annual rate of growth at a five-year low of +2.8%.
‘Average London house prices are likely to breach the £1m barrier before 2030’
Population, employment levels and average earnings are all set to rise faster in the capital than in the rest of the country over the next 15 years, predicts Oxford Economics, and that means that "average…
Audit reveals London’s planning permission ‘postcode lottery’
Some councils in London are turning down nearly two thirds of the planning applications they receive, according to a review of all the proposals submitted over the last 12 months.
Esher named most expensive place to rent outside London
New research has named Esher in Surrey as the most expensive place to rent a two-bed property outside of the capital.