The Market
‘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.
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.
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.
‘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.
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.
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.
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.