The Market
Foxtons blames sales dip on election slowdown
Foxtons has reported raking in total revenues of £33.1m in Q1, down 3.1% on the same period last year.
First time buyers drive a 20% surge in prime London demand – Marsh & Parsons
Overall demand for prime London homes has shot up by 20% in Q1, says Marsh & Parsons, with first time buyers and investors each accounting for nearly a third of sales.
£5m+ transactions in prime London have tumbled by 49% in the last year
The Lonres Residential Review, Spring 2015: The sales market.
As befits an election year, demand levels have dropped and, as a result, so have transactions and values.
Lonres Residential Review: Prime London’s lettings market in Q1
Conditions in the residential rental market of prime London remain more bouyant than the sales market, although there is still an air of caution among tenants.
Buy-to-let landlords ‘seriously in the dark’ on annual running costs
It's been claimed that some UK landlords are overestimating their potential buy-to-let returns by up to 50%, as new research puts the total cost average annual cost of running and upkeep of a BTL property…
Students overtake financial sector as PCL’s biggest renters
New research has claimed that students are now the biggest renters in prime central London, overtaking the financial sector in terms of numbers and shelling out an average of £28,866 a year in rent.
The Lonres Spring Review: Carrington on Q1
Lonres Chairman William Carrington looks back on a period of declining transaction levels and deflating prices...
In Recent Proposals: Notable small-scale planning applications
It’s not nosey. Just interesting to see the type of stuff that’s going through planning at the moment…
Election ‘sweeteners’ could fundamentally change the UK housing market
Edward Burton looks back on a week of extravagant promises and headline-grabbing announcements, including that worrying mention of an additional rate of SDLT for foreign buyers...
Talking Stock: Analysing PCL’s key residential supply trends
The number of dwellings in the Royal Borough has barely altered since 2001 and some of prime central London’s golden postcodes have actually lost stock, according to some eye-opening new research into…
A Vote of Consequence: General Election outcomes and the UK housing market
Becky Fatemi of top-end agency Rokstone takes a look at how the results of next month's General Election could impact on new development, affordability and prices...
Mayfair ‘blight’ to become London’s next £500m scheme?
One of the last remaining major development sites in Mayfair is being put up for sale this week, with some talking about the potential for a £500m scheme.