The Market
Isle of Wealth: London’s property market Vs the rest of the UK
London's wealth is yet to flow out into the regions, says Lucian Cook in the latest Savills Residential Property Focus.
Belvoir goes up-market with SW3 acquisition
Soames, the Chelsea-based lettings agency, has been bought by mainstream chain Belvoir as part of a pretty aggressive acquisitions spree that sees the firm make its first foray into the prime London market.
Resi land values on the rise
Resi land values in prime central London shot up by 4% in Q2, whilst prices across the UK rose by an average of 1.2%, according to Knight Frank today. This means that average UK values have risen by 1.
“Silver Spoon” students keep London’s super-prime lettings at the top of the class
Knightsbridge and Mayfair are the most expensive parts of London to rent a two-bed flat (avg.
New Building Regs tackle carbon emissions, but may penalise smaller developers
The newly-toughened-up Part L of the Building Regulations has some very noble aims to tackle climate change by making new-build homes significantly more energy efficient.
New Marylebone office for Savills
News of another important branch opening now, with Savills confirming a permanent foray into well-heeled Marylebone.
Lobby Talk: Why a stubborn Government breeds corruption
Amoral lobbying is just a symptom of a broken consultation system, says London Central Portfolio's Naomi Heaton after an eye-opening experience on the Ensuring the Fair Taxation of Residential Property…
Westminster mulls office-to-resi conversion tax
There's talk of a tax on office-to-resi conversions in Westminster, as the Council tries to maintain its 10-year principle of a "fine grain" level of mixed use buildings.
PCL house prices to rise by 6% (not 0%) this year – Knight Frank
Barely a week after Savills tore up its start-of-the-year predictions, adding 6.
Demand for London’s super-prime “unwavering”
Despite being lumbered with astronomical SDLT and ATED bills, one agency reckons buyers at the top end haven't been beaten into submission just yet.
Trade in Chelsea: Young domestic buyers prop up SW3/10 as developers move out
Q2 was pretty good for Strutt & Parker’s Chelsea office, and there are a few nuggets of interest in the stats for property market watchers...
Dublin Up: Irish property market in recovery?
After five years of relentless decline, with house prices falling by over 50% in some areas, it looks like Ireland's property market might be pulling itself together.