The Market
Strong start for Millgate in Ascot
We hear sales have been brisk at Millgate's new development in Ascot, Berkshire, with 50% of the units being snapped up within seven days of launch
Three-to-one opportunity in Battersea
This doesn't come along very often: three £1m houses in a row for sale on a tree-lined street in Zone Two, throwing up an opportunity to create one of Battersea's most spectacular single residence.
Rental instructions up 53% on 2010 as supply continues to outstrip demand – Lonres
The big story in London's rental market over the last year has been the level of supply far exceeding that of demand, according to the just-released Lonres Winter Review
Over a million deals in 2013 as sustainable growth kicks-in – CBRE
Over a million residential transactions rocked the UK market last year, according to CBRE; 2013's 1,077,510 deals was a 16% increase on 2012's tally
“Listless” property supply is “seriously hampering growth” – RICS
January saw the lowest number of houses hitting the market since its lowest ebb in July 2012, says the RICS, and this oft-reported lack of supply of homes "is seriously hampering growth and pushing prices …
Average flat value hits £1.1m in prime central London as £1,000+ psf market booms
PCL has "continued to outperform the wider London housing market," posting a 30% increase in transaction levels in 2013 compared to 2012 with a 50% lift in the prime £1,000+ psf segment, according to …
Indecisive vendors balance growing appetite to cash-in on London market
"Indecisiveness about whether or not to sell is still proving a stubborn obstacle," says Douglas & Gordon, despite a 20% lift in the number of valuations its taking on in January compared to last
UK housing market “remains a long way from overheating” – JLL
Reacting to the Bank of England's February Inflation Report, released today, Jones Lang LaSalle has praised the Government for "sticking to a bold plan that appears to have worked," as signs of liquidity…
Downsizing could be key to solving the housing crisis – Savills
All this talk of building new houses is well and good, but what about using existing stock a bit more efficiently, asks Savills in its latest (25th anniversary edition) Residential Focus report.
Resi development land market “stepped up” in 2013 with values rising 7.1%
Activity in the residential development land market has "stepped up" says Knight Frank, as developers are shifting their assets more quickly, which is causing land values to rise
Housebuilding to increase by 55% by 2018 – Savills
The quantity of new homes being built in England will hit 167,000 in 2018 - 55% more than 2013's 108,000 - according to the latest set of forecasts from Savills, but is still a good way off the requirement…
53% of PCL buyers from the UK; 42% bought as a primary home – Winkworth
Winkworth has been filling us in on how its important Kensington, Knightsbridge, Notting Hill and South Ken offices have been faring over the last few months; essentially, it's been a story of blistering…