The Market
More cash buyers but no Euros for LDG
West End agents LDG have gone against the PCL grain, reporting a slump in the number of European buyers over the last quarter.
Ballymore cancels Bangkok show after Singapore sell-out
London property developer Ballymore has postponed a planned property showcase in Bangkok because of better-than-expected sales in Singapore, says Andrew Batt.
“Monsieur Flip-Flop” creates South Kensington property boom with 75% tax band
So Francoise "enemy of finance" Hollande is making good on his proposal for a 75% tax band on high earners.
Singapore’s wealthy keep London property in their sights
More than 57% of overseas high-net-worth individuals (HNWI) named London real estate as their top target investment class, according to Cluttons International Private Capital Survey 2012, published in…
Home Counties trophy homes flying off the shelves
The £1m-£2m price range remains buoyant, but tax reforms are now seriously affecting the market for properties priced above £2m, according to the Buying Solution.
Prices jump for £4m+ prime country homes
Knight Frank's Prime Country House Index shows that, whilst there was an overall price drop of 0.9% in Q3 this year, the toppy end of the prime country market did jolly well.
Tax chatter provokes the big £2m+ sell-off
All this talk of mansion tax is already prompting owners of £2m+ properties to sell up, reports WA Ellis, with an abnormally high number of these instructions recorded in September.
£1m+ sales up by 35%
The top line news from the latest Land Registry report shows increased demand for prime homes, with the number of properties sold for over £1m in June 2012 increasing by 35% to 647, from 478 in June 2011.
Chestertons appoints new Kensington High Street sales director
Adam Moorhouse
Chesterton Humberts has appointed Adam Moorhouse as the new sales director of its Kensington High Street office.
September bounce in house price sentiment
People think their homes fell in value again in September, but there's a silver (well, more bronze) lining: the general consensus is that they dropped by less than in any month over the last two years.
London prime property prices top out
Prime property prices in London have breached their previous high, set in March 2008, according to the latest from Knight Frank.
Chelsea top of the class as PCL polarises
Savills has reported significant polarisation within the prime central London market, with only a third of properties showing any price growth in the last three months.