The Market
“Mayfair’s most expensive flat” hits the market at over £5k psf
A few weeks ago, Mayfair agent Peter Wetherell predicted we'd be seeing £10k per square foot prices on his patch within ten years. A few people scoffed.
Just 6% of landlords own more than one rental property – Countrywide
Just 6% of landlords own more than one rental property, and over half live withing 10 miles of their tenants, according to Countrywide Residential Lettings
Property price discounts hit four-year low
Just 27% of properties - and 15% in London - listed on Zoopla have had their asking price reduced, which the portal says is the lowest level of price cuts in four years.
Required Reading: How to extend a lease or buy a freehold
John D Wood's Head of Valuation James Wyatt talks us through the complicated business of safeguarding the future value of a property...
Offers double up but prime London cooling for the Budget countdown
The number of offers received last month was nearly twice as high as in February last year, according to the latest from Douglas & Gordon, but that's "almost certainly a product of multiple bidding" in…
EU calls for UK tax on empty homes
The European Commission has given the UK government more than a friendly nudge to start tackling the country's housing shortage, by penalising the owners of empty homes and making better use of development l…
Power to the People: Boles lays out schemes for planning devolution
"Planning should not be the exclusive preserve of lawyers, developers or town hall officials," pronounces the Planning Minister Nick Boles in a statement of intent for the planning process.
RICS asks for property (and SDLT reform) to be at the heart of Osborne’s Budget
The RICS has helpfully offered to help the Chancellor out with the drafting of his Budget speech on 19th March, submitting a series of policy "asks" that its members would be happy to hear and that might…
Kensington Focus (and why breaking records still takes time)
Despite limited supply and consistent demand, top values can’t be achieved overnight, says Bella Tellwright of Crayson...
W8 is one of the most expensive and sought-after postcodes in London. W
Chelsea, Knightsbridge & Kensington transaction levels up 49%
It sounds like February was a pretty lively one in the PCL sales market; W.A
Steady growth for PCL as the £10m+ market slows
February was the 40th consecutive month of price rises for prime central London property, according to Knight Frank, but prices at the top of the top-end seem to be easing up as a general sense of (relative)…
What Ozymandias can tell us about the London property market
Beware the hubris of market interference, says Jeremy McGivern as he turns to Shelley's King of Kings for insight into London's inflating property prices: equality is not - and never has been - an option…