The Market
Countrywide increases portfolio
Countrywide, the UK's largest lettings and estate agency group, has added another six businesses to their growing lettings portfolio, including two important acquisitions in London and the North
Prime London house prices slow, but continued growth is ‘logical’
Prime residential property prices in London have risen by just six per cent over the last 12 months - the lowest annual rise since 2009 - with Q2 this year delivering an average rise of 0
Two-speed market: prime country house prices drop; super-prime prices rise
Q2 saw a 1.5 per cent drop in prime country house prices. following a 0.2 per cent fall in Q1, according to Knight Frank
Massive drop in £2m+ sales volume
The Land Registry has recorded a 40% fall in the number of £2m plus sales, compared with same period in 2011. Only 124 sales were recorded in March, from 205 the previous year.
London prime settled down in May
May saw London's prime market settle back to more normal levels after April's sharp price spike, according to the latest figures from the Land Registry
PCL rents up but yields down in Q1: Chestertons
Chesterton Humberts has reported a healthy start to 2012 for the prime Central London lettings market, with residential rents in the first quarter of 2012 rising by 9
Prime rents slip
Q2 has seen annual rental growth in prime London drop back into into the red for the first time in over two years, despite growth of 2.3
Why London still packs a super-prime punch
Against the backdrop of ongoing financial and political instability in many parts of the world, the superprime residential markets have emerged as one of the leading secure investment options for the wo…
Supply and demand balancing out in Marylebone and Bayswater
In a positive briefing note that claims a 420 per cent increase in viewings over the last 12 months, Kay & Co say that supply and demand is beginning to balance out in Marylebone and Bayswater
London & Stamford buy resi riverside development for £147m
According to a statement released today, London & Stamford Property PLC, in its newly formed Central London Residential Joint Venture, has announced that it has exchanged contracts with Project Red Limited, …
Gleneagles development offers prime location for Ryder Cup
Chartwell Estates have begun marketing a 10,000 sq ft six-bedroom new-build on Scotland's most expensive housing development in the grounds of the Gleneagles Estate in Perthshire
Nearly 250,000 property millionaires in UK
The annual Rich List from Zoopla.co.uk claims 245,790 Britons are property millionaires, up 12 per cent on 2011