The Market
Old War Office-to-Resi: Hinduja Group lands 57 Whitehall
The race to buy one of the most iconic buildings in central London is over.
Average asking prices up 7% in 2014 – Rightmove
2014 has ended with the largest ever monthly fall in average asking prices across the UK, according to Rightmove's latest tally, although they're still up by 7% on an annual basis.
Scare B&B: Just how risky are short term lets?
Following recent reforms allowing Londoners to let their property on short leases without the need for permits, an increasing number of high value homes have appeared on short term letting websites.
SDLT reform to drive a 2-5% sales boost – RICS
George Osborne's overhaul of the Stamp Duty system, creating a progressive regime that delivers savings to all but the top 2% of home buyers, "has the potential to trigger a material shift in market sentiment…
Grosvenor Crescent tops ‘Most Expensive Streets in England and Wales 2014’
Belgravia's Grosvenor Crescent has been named The Most Expensive Street in England & Wales by Lloyds Bank, with an average house price of £16,918,000.
Grosvenor Crescent
Is Islington about to ban mega-basements too?
Just a week after the Royal Borough of Kensington & Chelsea claimed victory in an "historic battle" against mega-basements, another London council is eyeing up a subterranean crackdown.
Resi development financiers embrace risk but ‘too many lenders chasing the same deals’
Residential development lenders are "embracing more risk," says Knight Frank, as competition for high returns heats up.
Forecast: London rents to outpace house prices in 2015 – Marsh & Parsons
London's rental prices are likely to rise by 10% next year, thinks Marsh & Parsons, driven by strong tenant demand and a flourishing corporate sector.
Deal struck on £45m Mayfair mansion
One of the biggest resi deals of 2014 has just gone down in Mayfair.
We hear this £45m stonker on the corner of Balfour Place and Mount Street has been snapped up for an undisclosed sum.
Government outlines plans to help small-scale developers
Minister of State for Housing and Planning Brandon Lewis has been busy updating Parliament on the coalition government's attempts at freeing up the planning system.
2015 to offer a ‘more level playing field’ across global prime cities
The world's luxury residential markets "face a diverse range of challenges and opportunities in 2015" says Knight Frank in it's Prime Global Cities Forecast, with New York likely to have the best of the…
20% leap for Scotland’s £1m+ market
Sales of £1m+ homes in Scotland have rocketed by 20% since the independence referendum, says Savills, as "strong evidence of a steady recovery" permeates the market north of the Wall.