The Market
PCL lettings market flourishes as would-be vendors wait and see
The prime central London lettings market saw a flourish of activity in the first week of January, followed by a steady stream of enquiries, viewings, and subsequent new tenancies, reports Knightsbridge-based…
May Day: Prime London market to stay ‘muted and subdued’ until after the election
The prime London market remains muted and is set to remain subdued until the election result is confirmed, says Lonres in its Winter Residential Review.
Overview
Letting Up: Prime London’s rental market stays strong, but top end tipping to over-supply
London's prime rental market has seen the strongest annual rental growth in four years, and there's more to come through 2015 says Lonres in its Winter Residential Review.
Overview
PCL rental growth hits three year high – Knight Frank
Prime central London rental values nudged up by 0.2% in January, says Knight Frank, marking an eleven-month run without a fall and taking annual growth to a three-year high of +3.4%.
PCL prices drop for third month in a row – Knight Frank
Annual property price growth in prime central London fell to its lowest level in five years after prices feathered down by -0.1% in January, says Knight Frank.
Boultbee LDN bags major resi development site in Southwark
A joint venture led by Steve Boultbee-Brooks' newish acquisition/development/asset management firm Boultbee LDN has just signed off on the purchase of an 83,000 square foot site in Southwark.
Westminster names new Senior Planning Chairman
There's been a "minor reshuffle" at Westminster City Council, following the decision by Ed Argar to step down from his post.
Devenish
Whistle Stops: A buyer trend tour of the UK
Good schools, unsurprisingly, top the reasons to purchase property across the UK, according to Jackson-Stops & Staff, who've gone round all 44 of their offices in an attempt to compile the top five trends…
Private rental sector yields ‘harden marginally’
Average initial gross yields from private rental blocks in major cities across the UK (London, Leeds, Bristol, Birmingham, Manchester and Glasgow) stood at 6.
A Testing Year: Carrington on prime market threats, uncertainty and stability
One wonders if there is finally a global correcting cycle that is forcing investors and corporates to take a longer term view on their investments, ponders William Carrington in the Lonres Winter Residential…
Easing, Falling, Weaker, Reformed: Lonres’ national housing market review
2014 began with talk of a property bubble and ended with the industry facing changes to property taxation and the possibility of further amendments in the future, notes Lonres in its Winter Residential…
Mere Portals: On the week when Goliath met David on the internet
Last week's successful launch of OnTheMarket.com demonstrates to the big media groups that agents can do the job just as well, if not better, says Trevor Abrahmsohn...