The Market
46% of prime London homes are £1m+, as off-centre property flourishes
We're going to need a new acronym. We've been hearing a lot recently about the "prime fringes" of London and of a "wealth creep" into areas outside of the traditional PCL (prime central London)
Scottish prime market steadies
It's not ground-shaking but it does mean the prime property market in Scotland is finally stabilising; Knight Frank recorded the smallest fall in Scottish prime property prices in nearly two years between …
Rocket Science: Why Cluttons’ 22% prediction isn’t out of this world
Thanks to some questionable decisions by the French and Swiss governments, London is the centre of the property universe once more - 22% over the next five years is actually looking pretty likely, says…
Letter from the Home Counties
Supply is still struggling to keep up with demand as overseas buyers come out in force, reports Julian Amos...
Farmhouse near Guildford, Surrey (OIEO £1.
Funding for Lending extended for a year
The Bank of England and HM Treasury announced yesterday (24 April 2013) an extension to the Funding for Lending Scheme (FLS)
PCL values rising by £383 a day as average price hits record high – Cluttons
There's been a few hefty stats emanating from the Cluttons camp this morning. Here's a quick rundown:
Prices in prime Central London rose by 2
Commons approve not-quite-planning-free extension plans
The House of Commons has voted (by 265 to 221) to accept the amended Growth & Infrastructure Bill, which was passed by the Lords on Monday (more here) and which gives homeowners the permitted development…
Intestacy Rules: How will the proposed changes affect rural property owners?
As the government announces potential changes to Rules of Intestate, Clive Beer of Savills Rural summarises the far reaching implications for rural property owners...
Lords sign off on new permitted development rights
The House of Lords has agreed to the last-minute amendments to the Growth and Infrastructure Bill, paving the way for new Permitted Development Rights that will allow homeowners to build up to eight metre…
116% jump in units awaiting planning consent
It appears that developers are capitalising on the build-up of confidence in London's prime resi market, with reports of a massive boost in the number of units awaiting planning consent
Johnson names housing developer panel
Boris Johnson has named the 25 developers chosen to sit on his new land procurement panel, which is being set up to "accelerate the delivery of housing in London by making it faster, easier and cheaper…
Stock down by 70% as Cotswold market hibernates
The daffodils have already been and gone but there's sill no sign of many new instructions in the glorious Cotswolds yet, according to The Buying Solution