The Market

Forecast season started early this year. So much so that it still feels a bit too soon for mince pies, yet we've already had 2015 predictions from all these firms.

W.A.Ellis - or if we're being formal, W.A.Ellis, a JLL company - has summed up the current PCL conditions rather eloquently in its latest market update.

The number of resi transactions across England and Wales is now at nearly double its credit crunch low-point, says London Central Portfolio, after a 27.8% increase over the last 12 months.

The focus of the capital's property market has shifted "from bubbles to cooling conditions," says multi-family office Hanover, as more vendors cut asking prices and price growth shifts from astronomical…

The revolution - in the property industry at least - is being televised.

Gary Linton has managed to turn a grotty drinking establishment on the Fulham Road into a boutique apartment scheme that's selling like proverbial hotcakes.

Super-prime projects on Bishopswood Road

Next year will mirror this year's market, says Winkworth, with May's election as the pivot point between a quiet first half and a following rally.

Nowhere is the construction skills shortage being felt more keenly than in London's prime resi sector. Build costs are rising, projects are stalling and in some cases, not even starting.

St Ives, the properly lovely artists' retreat / fishing town / home of a Tate in Cornwall, is drawing up plans that might stop the construction of any new holiday homes.

RBKC's Planning Enforcement Team has been out in force in 2014, issuing an unprecedented number of notices on developments right across the borough.