The Market
RBKC names new planning chief
The Royal Borough of Kensington & Chelsea has appointed a new Executive Director for Planning and Borough Development to replace the outgoing Jonathan Bore.
Mayfair set to breach £6,000 psf this year as Indian investors drive the market up
NW8-based boutique agency Rescorp Residential has netted a £5,000 psf sale on South Audley Street W1, and predicts that Mayfair prices will breach £6,000 psf by the end of the year as Indian investors move…
Full Frontal: HNW tenants pay £200k up-front in ‘frenzied’ PCL rental market
One in five new tenancies in prime central London is being let with six-to-12 months' rent - typically around the £200,000 mark (including deposit but excluding letting agent's fees) - being paid up-front,…
Foreign real estate investors look to Africa’s growth cities
What's the single most important demographic trend likely to shape the world over the course of this century?
Luxury developer buys former Unite offices for £25m
The former offices of the trade union Unite in West London are to be turned into luxury flats.
Opportunity Knocking: ‘Act now’ if you want a great deal in prime central London
Those able to move quickly may get a property that will look very good value in just a few months, says buying agent Nathalie Hirst...
Prime regional markets look up as town trumps country living
"The medium term outlook for the prime markets beyond London is much brighter than current market conditions would indicate," says Savills' Lucian Cook, regardless of whether a mansion tax is brought in…
Prime Locations: Mapping Britain’s £1m+ market
Britain's £1m+ market has tripled over the last ten years, notes Sophie Chick, with 18,000 seven-figure sales worth a total of £44bn going through in 2014.
The £1m+ landscape
Prime Property of the Week: Would You Adam & Eve It?
Adam & Eve Mews, Kensington
£4.7m
A rather unusual proposition has just come up on this cracking little mews just off High Street Kensington.
Sales volumes slip; prices rise – Land Registry
The number of £1m+ property sales has fallen by 4% compared to the same time last year - significantly less than the 11% drop in overall transactions - while average house prices have risen by 6.
Is the government quietly dropping office-to-resi Permitted Development Rights?
The latest version of the Town and Country Planning Order includes a notable omission: The anticipated three-year extension to Permitted Development Rights which allow the conversion of office space into…
Tax hike & election uncertainty dampen prime London house prices
Prime London property prices dropped in a touch in the first three months of 2015 , says Savills, continuing an adjustment that saw prices fall by 2.