The Market
London: The world’s wealth leader – Candy & Candy GPS Report (Part Two):
The second part of Candy & Candy's Global Prime Sector report gives the inside track on London's position as the ultra-high net worth capital of the world.
Hundred up for Crest Nicholson at Bath Riverside
Crest Nicholson has been setting a heck of a pace with its latest project in Bath - the firm has now sold 100 units in its "Bath Riverside" development and has announced the launch of the next stage ahead…
Tokyo leads luxury residential market slowdown as Europe still struggles – Knight Frank
The average price of luxury homes in the world’s key cities fell by 0.
Waitrose adds 25% to local property prices – Savills
What came first: the supermarket or the super market? Savills, having gorged on regional house price stats, has revealed that a Waitrose in the neighbourhood can raise local property prices by up to 50%.
London saw £2.3bn of £10m+ transactions in 2012, up 18% on 2007 – Candy & Candy
The first part of the inaugural GPS (Global Prime Sector) report from interior design and development management company Candy & Candy has many graphs in soft pastel shades, and much insight from the likes…
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;
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…
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).
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…
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 £1.6m)
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 2.3% during Q1