The Market
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
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…
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...
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.
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.
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…
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…
Southfields and Putney offer best returns for rental investors – D&G
Investing in London property is a pretty good idea, according to a new report (and many, many graphs) from Douglas & Gordon's asset management arm, with gross rental returns in prime central London outstripping…
Optimism surges among UK homeowners
Households perceive that the value of their property rose over the last month - for the first time in nearly three years - according to Knight Frank and Markit's April House Price Sentiment Survey.
What is a flat? Smith & Dennis v Jafton in a nutshell
So now we know when a house is not a "house" (more on last year's Hosebay ruling here), what then constitutes a "flat" in the eyes of the law?
PCL “remains robust” as prices rise again in March – Knight Frank
Average prices in prime central London rose again last month, according to Knight Frank, as activity "remained robust". The firm recorded a rise of 0.