The Market
Middle Eastern buyers account for 50% of Mayfair’s super-prime deals
Middle Eastern buyers account for half of Mayfair's super-prime (£10m+) deals and around 10% of all acquisitions in the area, says Wetherell.
The Big Summer Sale: Record drop in August asking prices points to slower H2 – Rightmove
The average asking price of newly-marketed property across England and Wales is down by 2.9% (-£7,758) this month compared to last, according to Rightmove.
Who’s just snapped up this £34m Nash masterpiece?
It's been reported that professional shark-botherer Damien Hirst has just bagged this extraordinary Grade I-listed affair in Regent's Park.
INTERVIEW: 3RD HOME’s Giles Adams on collaborative consumption
Launched in 2010, 3RD HOME - a reciprocal travel club for luxury second homeowners - now hosts a £3.2 billion portfolio of properties in some of the world's most exclusive locations.
‘Disappointing’ Summer for the rural market
"The Summer has largely disappointed" the rural market, says Smiths Gore, although transaction levels "are at their most encouraging level for years."
Countrywide sells Sotheby’s franchise and two branches; others to be rebranded
Countrywide has decided to sell its exclusive Sotheby’s International Realty licence, just four years into the 25 year term.
‘The financial crisis no longer dominates the fortunes of the prime London residential market’ – Knight Frank
A looming General Election and expectations of an interest rate rise have eclipsed the global economic meltdown as the primary factors affecting the top end of London's property market, says Knight Frank…
French Lessons: Wealth tax woes continue in Paris
The punitive tax regime put in place by the French government has had a dramatic effect on the country’s housing market.
PCL flat deals dip as house transactions rise
It's not a flat market in prime central London, notes W.A.Ellis, as flat transactions fall by 11% year-on-year while house deals rocket by 20%.
Balance returning to the property market as demand ‘flatlines’ – RICS
Buyer demand has "flatlined" says the RICS in its July Market Survey.
But it's not quite clear whether this a genuine turning point for the market, or just a pause for breath.
The Housing Standards Review: What can developers expect?
In a drive to simplify the myriad of standards, guidance and codes that apply to the construction of new homes in the UK, the government announced in March that current housing standards are to be reduced…
Turning up the Volumes: UK transactions hit highest level since 2007
Q2 Land Registry stats are out and LCP's done a sterling job of breaking them down for us. Here's the headlines...
Prime Central London