The Market
Lending Curbs: Is now really the time for action?
It's not as if lending institutions are throwing money at consumers; if anything, they're taking too long to process mortgage offers and putting a lag on responsible transactions, says Trevor Abrahmsohn...
PCL values plateau as buyers apply the brakes; price accordingly if you want to sell – Savills
"The prime London markets have all become more price sensitive", summarises Savills' Head of Research Lucian Cook in the firm's latest residential update.
40% of Brits would bet on property investments
40% of Britons believe that property is the best investment for generating returns, according to a YouGov survey commissioned by spreadbetting firm InterTrader.
72% of UK buyers paid under asking price in the last year – Rightmove
72% of buyers paid under the asking price for their new home in the last year, while 7% paid over and 21% paid on the money, according to a survey by Rightmove.
Price rises relax; May sees +0.4% – Land Registry
House prices rose by a relatively gentle 0.4% in May, with 72,450 sales ranging from £7,000 to £39m. The annual price increase now stands at +6.
Hamptons throws two launch events for Canary Wharf
Hamptons International is planning a couple of shindigs to make sure its new Canary Wharf branch goes off with a bang.
The new offering on South Colonnade will host two events;
Quarter of all RBKC stock now reduced from original asking price
Delving deep into the Lonres data vaults, Westbourne Grove-based agency Crayson has been reviewing the Spring term across its key Kensington, Holland Park and Notting Hill patch with some very interesting…
Capital Loss: Why a mansion tax could spell disaster for the entire London property market
Despite this week's proposed rejig by Labour, the introduction of a so-called mansion tax would have a disastrous effect on the London property market as a whole, not just above £2million, argues…
Number of ‘mansions’ in the UK has doubled in five years – Knight Frank
Knight Frank has been having a think about Ed Balls' latest proposals, and highlighted what could very well be the first case of fiscal drag before the introduction of a new tax.
Balls details plans for mansion tax on ‘ultra-high-value’ £2m+ homes
"How can it be right that the foreign buyer last month of a £140 million flat in Westminster will pay just £26 a week in council tax — the same as the average-value property in that council area?
Prussian princesses, hidden jewels, royal servants: Kensington house with incredible back story hits the market
If your clients are after something with a 'story', then this house just around the corner from Kensington Palace could be just the ticket.
PCL/Fringe price difference has halved since 2008
Luxury new-builds in the capital’s prime fringes - led by the City - are catching up fast with prime central London prices, says CBRE in its latest research offering.