The Market
The Nightmare Deal: What happens when a sale fails to complete?
Thankfully it doesn't happen very often, but when the contractual time for completion has come and gone, what are the options for the non-defaulting party?
Allsop closes 2015 with bumper Christmas sale
Allsop has closed out 2015 with a £68.4m sale, taking the total amount of resi sold via the auction house this year to over £457m.
Osborne ‘in for a shock’ when 2015’s stamp duty receipts are counted up – Chestertons
George Osborne is "burying his head in the sand" by ignoring industry calls to review last year’s changes to Stamp Duty and will "likely be in for a shock" when 2015's final receipts are added up, Chestertons…
Short supply drives RICS’ 2016 house price forecast up to +6%
The Royal Institute of Chartered Surveyors has bumped its property price forecast for 2016 up from +4.5% in November to +6% in its latest housing update.
Prime global rents post weakest performance in five years
Knight Frank has recorded a 0.9% fall in prime global rents in the year to September, a stark contrast to the 3.4% rise seen a couple of years ago.
Strutt & Parker hires country specialists from Knight Frank & Savills
Former Knight Frank Partner James Heron has joined Strutt & Parker's Ascot and Sunningdale branch.
Total value of PCL sales plummets by a quarter
The combined value of the houses and flats sold in prime central London fell by nearly 25% this year, according to new analysis by LonRes.
Outer Prime to outshine PCL in 2016; Queen’s Park & Tooting the ‘hot tickets’
The fringes of the capital should comfortably outperform prime central London next year, according to Marsh & Parsons, with Queen's Park and Tooting picked out as the "hot tickets".
Resort Chic: Finchatton unveils epic $24m Bahamas apartment
Top-end developer Finchatton has given us a sneak peek at its latest international design project - a $24m, 7,775 square foot residence in one of the world's most exclusive resorts.
Newcourt snaps up prime Tunbridge Wells site
Newcourt Residential has bagged a rather lovely Victorian mews building just off the iconic Pantiles in Tunbridge Wells.
Newcourt MD Karl Elkhadraoui
Brace of big deals reported in Mayfair
We may be nearing full festive mode, but it sounds like a couple of significant deals have gone/are going down in Mayfair.
Britain now has 622,939 ‘property millionaires’
There are currently 622,939 "property millionaires" in Britain, according to Zoopla's latest estimate, 75,796 more than there were in January.
A 14% rise over the last year now means that 2.