The Market
Ministers look into San Francisco-style ‘park tax’ proposals
A leading think tank has suggested a new levy for UK homeowners who live next to a park or green space.
Fulham outperforms as prime London rental values continue to rise
Average rents across prime London turned in a positive performance during Q2, reports Chestertons, ticking up by 0.5% on Q1.
They're still down by 0.
Why is Dubai’s mainstream market outperforming its luxury homes market?
What lessons can the UK Government learn from policy decisions in other prime property markets around the world? Knight Frank's Khawar Khan explains the reasons behind Dubai's dual-speed market...
LendInvest hits £100m buy-to-let milestone
Short-term buy-to-let specialist LendInvest has announced that it's dished out over £100m-worth of mortgages since launching last May.
Parallel Worlds: Where does London’s market move in unison?
There are patterns within patterns in London's property market, notes Knight Frank, which has drawn a couple of maps to illustrate.
London house prices have risen by 19.3% in the last 12 months – ONS
While still strong, the pace of annual house price growth in the UK has dropped a smidge, from +10.4% in the year to May to +10.
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.
‘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…