The Market
New immigration laws to tackle “beds in sheds”
"Tough" measures that will see lettings agents take a front-line role in tackling immigration, announced in yesterday’s (8 May 2013) Queen’s Speech, have not gone down well in the industry (read what…
Office Politics: Most of central London exempt from new permitted development rights
Areas in seventeen local authorities - including vast swathes of central London - have been exempted from new rights that make it easier to convert offices into resi, due to "exceptional economic circumstances".
Time is Money: Prime London property prices rising £27 every hour – LCP
Another firm has been at the Casios today, this time working out by how much prime property values have been swelling by the hour.
Flood Warning: Still no deal for insurers as deadline approaches
After four of the wettest years on record, the flood insurance market could be facing a seachange moment.
Prices in Crossrail “walkzones” already steaming ahead – Knight Frank
Knight Frank’s current market forecast tips prime central London prices to rise by 31% over the next five years, but anywhere within a "walkzone" of a new Crossrail station could see values rocket by…
Grosvenor launches premium rental project on Duke Street
If your clients have had their fill of Formica and black vinyl sofas, Grosvenor's brand new 16-unit "premium rental product" at 65 Duke Street in Mayfair (launched at a swanky soirée last night) claims…
British buyers are back – EA Shaw
Central London agency (and now part of CBRE of course) EA Shaw has flagged up the return of UK buyers, the popularity of new builds and plenty of action in the £1m-£2m price bracket throughout its prominent…
Edinburgh “has a property market again” as transactions jump
“Extremely positive and encouraging” results from the latest quarterly Registers of Scotland report indicate that Edinburgh's property market is reeling for the better.
Transaction volumes rise 39% over five years – WA Ellis
Thoreau once said that success comes to those who are too busy to be looking for it. By this measure, the last five years have been very successful indeed for some PCL agencies - few more so than W.A.
To the Market: Notting Hill stock levels double as £2m+ buyers go shopping
Here's something you don't hear every day: so far this year, new stock levels in Kensington & Chelsea have improved dramatically.
Next Gen Knightsbridge: 40% of rentals are to wealthy 20-somethings – Strutt & Parker
39% of rentals through Strutt & Parker's Knightsbridge office over the last few months have been to monied 20-somethings, who, the agent says, typically spend £1,563 per week on a two-bed flat.
New York: “Value-play” buying opportunities in the Big Apple – Candy & Candy GPS Report (Part Three)
The third part of Candy & Candy's Global Prime Sector report looks at how New York is the new land of opportunity for overseas property investors.