The Market
‘At this stage, it is volumes that are falling, not values’ – D&G
There's been lot of talk about London cooling, says Douglas & Gordon's Chairman Michael Hodgson, but it's too early to tell if prices are actually falling.
In a Spin: A bumpy ride ahead for London’s market
The headlines have flipped from Property Bubble to London Cooling in the space of just a few weeks.
‘Concerning’: PCL transactions tumble by 25%
The volume of transactions is "concerning" says W.A.Ellis, as its year-on-year sales figures for prime central London plummet by 25%, and the number of house sales sits 45% down on June 2013's level.
London prices increased by 20.1% in the year to May – ONS
Average house prices across the UK increased by 10.5% in the year to May 2014, according to the latest ONS stats. That's up from an increase of 9.
Rights to Light: Landscape improves for developers
Developers "should be less fearful of going to court" over rights to light - as long as they have acted in a reasonable and responsible way - concludes a panel of experts assembled by Mishcon de Reya to…
Strong start for Marcus Cooper and Oakmayne at Regents Gate
In typical fashion, Marcus Cooper's latest project has gotten off to what you'd call 'a flyer'.
New owner of £120m Hanover Lodge ‘revealed’
A Russian oligarch has been named by reports as the purchaser of one of London's most important private houses.
‘Rotation away from the capital’ as property market responds to BoE rhetoric
"The overarching picture is a rather more balanced one this month" says the latest RICS Residential Market Survey, although prices are still on the up and demand is still outstripping supply.
‘Buyers are at last enjoying some choice’ – D&G
"It looks like it could be a busy Autumn" says Douglas & Gordon in its latest market barometer, as London's supply/demand imbalance starts to, well, balance a bit.
Scottish prime hesitates as referendum looms
After three quarters of growth in a row, there was no change in prime Scottish house prices in Q2, says Knight Frank, leaving annual growth at +2.8% as the market eyes up the looming independence referendum.
Love Thy Neighbour: Residential property development and the law of nuisance
From encroachment to physical damage, building work can affect a neighbouring property in a whole host of different ways.
68% of LPAs to miss April’s CIL charge date; ‘a significant impact on the delivery of housing’ likely
68% of local planning authorities won't have a CIL charge in place by the time Section 106 restrictions come in in April 2015, say Savills and the Federation of Master Builders.