The Market
RBKC publishes basement findings
With RBKC's draft policy on basement development now safely in the hands of the Secretary of State, the Royal Borough has published the findings from its lengthy publication consultation, including the…
New buyer registrations slump in April
It was a slow April at Douglas & Gordon, with a 35% drop in the number of new buyers registering compared to last year and 10% fewer properties being listed - although the number of offers received climbed…
‘Strongest market conditions since before the financial crisis’ drive ‘unprecedented demand’ for KFH
Kinleigh Folkard & Hayward enjoyed 26% more new instruction in March than in the same month last year, as the the firm basked in "the strongest market conditions since before the financial crisis."
Sales rise but new stock drops for fourth month in a row
The latest numbers from the RICS show that demand continued to grow in April, with the number of homes sold per chartered surveyor hitting its highest level since February 2008, while the supply of new…
Battersea Power Station mania continues
With the last of Elton John's chords still ringing out, it's been revealed that 95% of the latest phase of units released at Battersea Power Station have already been snapped up in an "unprecedented"…
Westminster Labour pledges to ‘outlaw’ mega-basements & tighten affordable housing rules
Labour Councillors in Westminster have come out swinging ahead of this month's local elections, claiming that the Conservatives are "killing" its communities by granting planning for "huge numbers of luxury…
New Kensington scheme for Northacre
Northacre has followed up contract wins on Thurloe Square and Palace Street by bagging a new project on leafy Vicarage Gate in W8.
Niccolò Barattieri di San Pietro
How have prime London’s regions performed since 2000?
A breakdown of local prime London markets over the last 14 years by John D Wood has yielded some fascinating graphs that put some peaky performances into perspective.
Not on the High Street: The private money funding London’s prime resi developments
Residential property is not the only thing in short supply in prime central London – the funding needed to develop new stock is equally hard to get hold of, says James Dakin...
Empty Promise: Labour pledges crackdown on London’s ‘ghost homes’
Ed Miliband has been getting even more animated than normal over the capital's so-called 'ghost homes', accusing many boroughs of “shrugging their shoulders" by not imposing the Empty Homes Premium.
General election ‘edges onto the radar’ in PCL as price growth spreads
Prices in prime central London have now risen for 42 months in a row (by o.8% in March), says Knight Frank in its latest market update, with the annual increase remaining steady at +7.
Earl-y success for Capco as over 200 Lillie Square flats go in a jiffy
Capco has revealed it has already shifted 204 of the 237 flats in Phase One of its new Lillie Square scheme, with some buyers coughing up well over £1,800 psf for the 'standard' units.