The Market
Marsh & Parsons to open three more branches by Christmas
London-based agency Marsh & Parsons clearly made some serious hay while the sun shone in H1.
Interim results released by owner LSL show that M&P's revenue in H1 increased by 19% to £16.1m (up from £13.
Office-to-resi rights to get permanent footing
Brandon Lewis, the new housing and planning minister, has unveiled a set of "radical reforms" for the planning system.
High & Flighty: Where next for London’s super-prime sales market?
Something's up at the top of the market. Recent reports of plummeting prices and drippy demand have signalled a change in fortunes for the capital's premier properties.
Fight the Slab: Why our stamp duty system needs an urgent overhaul
A revamp of the UK's archaic SDLT structure must be prioritised ahead of next year's general election says Edo Mapelli Mozzi...
Institutional property investors get CGT exemption
The Government's consultation into the "significant reform" of the Capital Gains Tax system, which looked out at how far non-resident property buyers will be hit, concluded last week.
Q2 rise for stock levels, withdrawals, fall-throughs & time taken to agree a sale
"As the property market continues to slow down, we may enter a period of calm where asking prices, especially in new developments, are reassessed", says William Carrington in his introduction to the results…
Listed Property Owners go lobbying
The Listed Property Owners’ Club (LPOC) is upping the ante in its bid for better terms - mainly cut-price VAT on building repairs - for owners of listed homes.
Caution, Plateau: London’s new prime sales landscape
There's been "a distinct change in attitude on the part of both buyers and vendors" in prime London through this year's second quarter, says Chesterton's Head of Research Nick Barnes.
Why domestic downsizers are the buyers to watch
Those trading down from family houses in areas like St John's Wood are finding themselves in a unique position, says Chris Lanitis, and they're more than capable of keeping the market warm if foreign…
US luxury homes outperforming those in Europe and Asia
Average prime resi prices around the world have ticked up by 6.2% over the last twelve months, says Knight Frank, but it's the big US cities that are steaming ahead at the moment.
Chinese investment into London resi leaps 84% in a year
Outbound investment from China to London has ballooned over the last 12 months, making it the most popular global destination for Chinese investment after a series of pushes from Mayor Boris et al to make…
Tryon behind one in five Cheyne Terrace acquisitions
Buying agent Ed Tryon has apparently been behind over 20% of the acquisitions at Native Land and Grosvenor's latest scheme in Chelsea.