The Market
Kensington & Chelsea publishes new basement planning guidance
Nearly a month after adopting a new policy designed to clamp down on subterranean development, the Royal Borough has released detailed guidance and advice for developers and homeowners applying for permission…
PCL’s listing-to-sales ratio has plummeted
“It’s clear that prime central London has been devastated where the property market is concerned," declares eMoov's Russell Quirk, as his research unit finds that demand in the Golden Postcodes is…
D&G: One in five vendors now looking to sell ‘off-market’
"Buyers need to dig deeper than just looking online" says Douglas & Gordon, as a growing number of vendors are requesting that their properties be offered for sale on the quiet in the run-up to May's election.
The Cook Report: Mansion tax is ‘outdated and unnecessary’
Savills' Director of Research Lucian Cook has been moonlighting, penning a swingeingly anti-mansion tax manifesto for right-leaning think tank the Centre for Policy Studies.
Strong start for Londonewcastle in Queen’s Park
Developer Londonewcastle has reported "strong" sales at its freshly-launched scheme in north west London, with 175 new buyer registrations in the last six weeks.
Bullish mortgage brokers back buy-to-let and shorter terms
82% of mortgage brokers think that the buy-to-let market will continue to strengthen during 2015, according to a survey by Dragonfly Property Finance.
Letter from the Home Counties: A tale of two markets
Competition is alive and well for properties below £900k, but the top end tends to follow a very different dynamic to the rest of the market, says Garry Collins...
Money Talks: The impact of currency fluctuations on PCL buyers and owners
In the last four months alone, the same hypothetical house in one of the best parts of prime central London has become 16% cheaper for a Swiss buyer converting francs, but a mind-boggling 47% more…
Out of the Shadows: Reforming Rights of Light
The Law Commission describes a 'right of light' as an easement that gives a landowner the right to receive light through defined apertures in buildings on his or her land.
Another country clamps down on foreign buyers
Hot on the heels of Australia's proposals to stem the tide of foreign buyers snapping up its top-end real estate, Taiwan has announced plans to impose a whacking great 30% tax rate on overseas property…
Lodha taps into Mayfair’s Indian millionaires to sell world’s tallest resi skyscraper
Indian mega-developer Lodha has tasked Mount Street-based agency Wetherell with launching its latest super-prime project, nearly 4,500 miles away in South Mumbai.
Asking prices jump as supply of quality stock dries up
Despite all the market talk of waiting-and-seeing, Rightmove reported its busiest ever month in January - 100 million site visits and around 100 enquiries to agents every minute - but stock levels are…