The Market
Half as many people are moving home now compared to 2007
Around 155,000 people moved home in the first half of this year, says Lloyds Bank; that's 9% fewer than in the same period last year, and less than half the number that moved in 2007's boom-time (327,600).
Pizza peer selling Mayfair block for £80m?
A prime slice of South Audley Street is reportedly being sold off for a cool £80m.
SDLT reforms ‘backfire’ as London investors split purchases
Buying agency Black Brick has laid into the government's decision to up stamp duty rates for high-value homes, after observing a big knock-on effect in the lower price ranges.
Another Strand success for Enstar as major expansion plans align
Investment outfit Enstar Capital has just sold a consented 12-unit luxury scheme on the Strand for £12.25m, the firm's third play on the famous thoroughfare.
Alchemi sells landmark Victoria scheme
Developer Alchemi Group has just sold its giant resi scheme at 33 Horseferry Road (opposite the Home Office) in a deal worth £137m.
Cutting affordable housing exemptions for small developments “will heighten the housing crisis”
The High Court's decision this week to strike down exemptions from affordable housing contributions for small developments will heighten the housing crisis, says the Federation of Master Builders...
London’s latest dinner party boast? The PCL vendors ‘anti-marketing’ their properties
Without wanting to burden you with another buzzphrase, it seems the "anti-marketing" campaign is all the rage in prime central London at the moment.
Prime London sales generating lower stamp duty revenues post-reform
If the government were looking to boost Treasury coffers from the change to stamp duty, it looks as if they'll be sorely mistaken.
Rise of the Renters: Yields tighten as PRS sector blooms
Regional cities outside of London have been the driving force in a significant lift in the number of households in the private rented sector (PRS) over the last decade, says Knight Frank, but yields across…
Knight Frank sells £5m Surrey mansion
Knight Frank's Guildford office has just tucked away a rather nice country house deal.
Domestic buyers and new-builds dominate ‘soaring’ West End market
The resi sales market in the West End has "soared" since the election, reports CBRE, with enquiry levels and average values both up by nearly a third.
Investors now account for 42% of prime central London property purchases
Prime London property prices ticked up by 0.8% in Q2 - the first rise since September 2014, and quite the change from Q1's -0.6% - as "investors strengthen their hold" on the PCL market.