The Market
60% of London’s homes now sold off-plan – CBRE
Pre-completion sales across the capital have reached record levels, according to CBRE, with three in five homes now sold before they are built.
Buyers return to the market at fastest rate since 2009 – RICS
Although by no means the biggest data pool - the latest had just 315 contributors - the RICS Residential Market Survey carries more weight than most sentiment surveys.
Shrewd property investors reap 2,200% returns over 18 years
New stats from Savills show that a property investor could, if they picked the right areas, have turned £1m into £23m over the last 18 years.
Move Along: Traveller sites given marching orders
Eric Pickles has told local councils that they should clamp down quickly on illegal encampments and unauthorised traveller sites, as he announced a new set of guidelines that gives "more power and a stronger…
Every Cloud: SDLT hike creates “profound” increase in value for money between £2m-£3m
Property search firm Garrington reckons there's some serious value for money to be had in the £2m-£3m bracket across London right now, as the stamp duty rise from 5% to 7% continues to distort the market.
PCL property prices to rise by 8.4% this year – Cluttons
Help to Buy will push Greater London house prices up by 6.9% this year, annualised at a rate of 3.2% over the next five years, according to the Cluttons' latest tea leaves.
Home Returns: Global investors’ £7bn pot for resi property in the UK
Investors around the world have a grand total of around £7bn to spend on residential property in the UK, and over £750 million has already been invested in the first half of this year, according to CBRE’s…
Savills profits up 40%; UK resi fees up 15%
Savills plc's half year results to 30th June 2013 show a 13% increase in group revenue to £399m (H1 2012: £353.3m), and a 25% surge in pre-tax profits, from £17.1m in H1 2012 to £21.
Spink to spank up £140m Carlton Gardens mansion
Ultra-prime developer plans to convert No. 3 into a single residence
Which country has the highest prime property purchase taxes? (Clue: it’s not the UK…)
Who doesn't love a good rundown? We definitely do, so here's accountancy firm UHY’s take on the Big Mac test, with a snapshot of current compulsory property purchase fees on a property worth USD $3.
Job opps in property & construction up 92%
Recruitment agency Reed's July Job Index shows a 17% year-on-year increase in the number of jobs vacancies floating around the UK, with opportunities in the construction and property sector up a massive…
Return to tender as resi land values surge
Hot on the heels of Knight Frank's upbeat stats last week, CBRE is also pretty sanguine on the resi land value front, crediting improving consumer sentiment and government initiatives with an increasingly…