The Market
Is Islington about to ban mega-basements too?
Just a week after the Royal Borough of Kensington & Chelsea claimed victory in an "historic battle" against mega-basements, another London council is eyeing up a subterranean crackdown.
Resi development financiers embrace risk but ‘too many lenders chasing the same deals’
Residential development lenders are "embracing more risk," says Knight Frank, as competition for high returns heats up.
Forecast: London rents to outpace house prices in 2015 – Marsh & Parsons
London's rental prices are likely to rise by 10% next year, thinks Marsh & Parsons, driven by strong tenant demand and a flourishing corporate sector.
Deal struck on £45m Mayfair mansion
One of the biggest resi deals of 2014 has just gone down in Mayfair.
We hear this £45m stonker on the corner of Balfour Place and Mount Street has been snapped up for an undisclosed sum.
Government outlines plans to help small-scale developers
Minister of State for Housing and Planning Brandon Lewis has been busy updating Parliament on the coalition government's attempts at freeing up the planning system.
20% leap for Scotland’s £1m+ market
Sales of £1m+ homes in Scotland have rocketed by 20% since the independence referendum, says Savills, as "strong evidence of a steady recovery" permeates the market north of the Wall.
2015 to offer a ‘more level playing field’ across global prime cities
The world's luxury residential markets "face a diverse range of challenges and opportunities in 2015" says Knight Frank in it's Prime Global Cities Forecast, with New York likely to have the best of the…
Fashion Royalty: Former home & salon of Simone Mirman asks £14.5m
The former salon, workshop and home of Royal Milliner Simone Mirman has just come up for sale, sporting a £14.5m price tag.
Few addresses in London can claim finer fashion creds.
Global house price slowdown continues as ‘engines of growth’ stall
Knight Frank's latest analysis of house price growth around the world has recorded Dubai's first quarterly decline in four years, together with a slowdown across much of Asia.
Average price of a PCL penthouse tops £13m
Chelsea-based independent Russell Simpson has been looking up a few stats on the capital's penthouses.
Rental Health: Million-plus lettings surge as HNW buyers wait and see
It looks like London's super-rich are opting for to wait and see for the next 12 months, as the very top-end of the rentals market - with six and seven figure annual rents - booms.
What’s hot for 2015: Maida Vale for investors; Marylebone for owner-occupiers
London-based buying agency Black Brick is tipping Maida Vale as the investment hotspot to watch next year, although Marylebone should remain the go-to option for discerning owner-occupiers...