The Market
King’s Road scheme blocked over affordable housing provision
The Planning Inspectorate has upheld a decision to refuse permission for a new scheme in Chelsea, on the grounds that it didn't provide enough affordable housing.
Average UK prices breach 2007’s peak
After a 1% rise in June to take the annual increase to +11.8%, average UK property prices have now breached their 2007 peak, says Knight Frank.
Spike in number of consumers predicting >10% house price growth
EXCLUSIVE: People are getting more bullish about big house price rises over the next 12 months, according to a new survey by Rightmove.
Marylebone now a ‘top three’ location as rental values surge
The capital's lettings landscape appears to be undergoing some pretty significant changes right now.
‘Market forces are alive and well’ as PCL self corrects – Knight Frank
After 44 months of on-the-trot growth, prime central London is beginning to moderate itself says Knight Frank, as prices continue to rise but exchanges, viewings and new applicant numbers fall compared…
Capital Gains Tax for non-residents: ‘There are better ways’
"The Inland Revenue has not thought through the intricacies and practicalities of implementing " says Mishcon de Reya's Andrew Goldstone in the law firm's response to the Government's CGT consultation.
Are we finally seeing the return of the big spenders?
Super-prime buyers are coming out of the woodwork at last, says Trevor Abrahmsohn...
Resi developers shell out as Met Police offloads ‘under-used’ buildings
By selling off 32 sites across Greater London last year - including a number of police stations - the Met Police has been praised for generating a handy £125m to reinvest back into frontline policing.
Transaction levels getting back to normal as London prices hit double the UK average
The average London house price is now double the UK average for the first time, says Cushman & Wakefield. Salaries in the capital, meanwhile, are 30% more than the UK average.
Strong growth but ‘momentum may be slowing’ for prime country houses
The prime country house market has posted its strongest rate of annual growth for four years, says Knight Frank, although the £5m+ segment dropped by 2.3% between April and June.
£500k garage hits the market in Kensington
A single garage in W8 has just been put up for sale with a guide price of £500,000.
Edinburgh posts fourth consecutive quarter of price growth
Property values in Edinburgh are now 5.7% higher than they were a year ago, after posting four quarterly rises on the trot.