The Market
Private rents have risen by 2.5% in the last year
Rents have risen by 2.5% across Great Britain in the last 12 months, and by 3.8% in London, according to the last Private Housing Rental Index from the Office of National Statistics.
Prime London rental growth struggles to keep up with inflation
Prime rents have risen by 1.5% in London in the last 12 months, after a +0.
Construction workloads on the up despite skills shortages
Construction workloads rose in Q2 2015 with 44% more respondents to the RICS' regular survey reporting higher activity levels (up from 37% on the previous quarter), driven by office development and private…
Election hammers Countrywide’s profits
Countrywide has posted a big slump in pre-tax profits after a "difficult" H1.
Announcing its results for the year to June, the UK's biggest estate agency said pre-tax profits of £28.
Planning nod for Canary Wharf’s Herzog & de Meuron resi tower
Tower Hamlets council has green-lighted plans for a "striking" new resi structure in the City.
Cameron’s ‘Dirty Money’ Shakedown: Prime property industry reactions
David Cameron's vow to crack down on the purchase of UK properties via “anonymous shell companies” grabbed plenty of headlines yesterday.
Television Centre penthouses to cost £7m each
More details have been emerging about the resi element of Stanhope's £1.5bn transformation of BBC Television Centre.
Another super-prime deal goes down on Avenue Road
A big sale has gone through on leafy Avenue Road in St John's Wood, just a few weeks after a neighbouring mansion changed hands for over £40m.
Westminster moves to halt mega-basement ‘epidemic’
Just a few months after RBKC claimed victory in its long-running war on mega-basements, Westminster has announced plans to tackle a so-called “underground epidemic” across central London.
‘The volume of sales for properties over £1.5m has reached a plateau’
The volume in sales for properties over £1.5m looks set to fall for the first time in two years, according to 44-branch estate agency Jackson-Stops & Staff, despite year-on-year growth 36% from 2012-2014.
Shelling Out: PM pledges action on ‘dirty money’ in UK’s luxury property market
David Cameron has announced a crackdown on the purchase of UK properties via "anonymous shell companies".
1.1% monthly rise pushes house prices over 2007 peak
A 1.1% increase between May and June gives an annual price increase of 5.