Hong Kong buyers & tenants hone in on London
New visa regulations and the imminent easing of travel restrictions have ‘revived London’s appeal as an investment and lifestyle hotspot’, says Chestertons
More of England’s countryside to be protected under new plans
The government is looking into creating new AONBs for the first time in over a quarter of a century.
Buying property with crypto assets: Can it ever be justified?Â
Crypto assets are here to stay, write Jonathan Grimes & Daniel Browne, and lawyers have to find a way to deal appropriately with those who approach them wishing to turn them into bricks and mortar…
Largely immune:Â Understanding global wealth trends through the pandemic year
“Wealth creation in 2020 appears to have been completely detached from the economic woes resulting from Covid-19,” says the author of Credit Suisse’s new Wealth Report. The global Ultra High Net Worth population surged by 24% during the pandemic year, while for the first time, more than 1% of the world’s adults are now dollar millionaires.
New-build premium put at 29%
Analysis of government figures reveals the areas where average new-build prices are as much as double those of the existing market.
Busiest year for the Prime London market since 2014
The number of properties sold in the first five months of 2021 was the highest total for seven years, reports LonRes, but demand is generally not outstripping supply…
Super-prime recovery: £36.8bn is currently targeting London’s £10m+ property market
Infography: London’s super-prime property market in seven charts.
Green guidance in force for developers in RBKC
Those looking to build in some of London’s most expensive postcodes will need to show how their plans protect local environments.
Asking prices hit another record high, but ‘there are early signs of a slowing in the frenetic pace’ of the property market
Asking prices have increased in every region, reports Rightmove, with larger homes seeing the highest rate of property price inflation.
Sunak ‘rules out’ CGT hike
Bringing capital gains tax rates in line with income tax ‘would not raise enough for the political pain it would cause’
London’s rental market is heating up
‘The majority of tenants registering with us now see their return to the office as imminent’, reports Chestertons
‘Proximity to the pub beats being close to work’: Pandemic leaves ‘a legacy of changed priorities’ amongst prime property buyers
Most affluent property buyers are “undeterred” by the looming end of the Stamp Duty holiday, says Savills, but the pandemic is likely to leave “a legacy of changed priorities” amongst home-buyers.