The Market

There were sighs of relief around Chelsea, Mayfair and Hampstead Village yesterday afternoon, as the Chancellor surprised us all by announcing that "there will be no new property taxes" in his Autumn Statement.

*BREAKING NEWS: Osborne promises no new property taxes...more to follow* Today's the day that we finally find out, after moons of speculation, what George Osborne's Autumn Statement has to say.

There is nothing wrong with the underlying health of the market, says Trevor Abrahmsohn.

Battersea Power Station is "on track to begin construction in the summer and to begin hand over of Phase One to the new owners in 2016,” with residential sales slated to kick-off in Asia in January and…

It's hardly news that a lot of London's prime residential property is owned by offshore companies, but an investigation by the Times has put some rather interesting figures forward (just in time for tomorrow's…

November saw prime London rents fall by 0.3%, taking the annual drop to 2.8%, according to Knight Frank's latest Prime Central London Rental Index.

Britain is in grave danger of entering negative territory this week, says James Bailey 

Demand for properties with income has soared by 50%, according to Fine & Country, as buyers look to supplement their earnings and boost pension pots. Napoleon Wilcox, Head of Webbers Fine & Country;

There's nearly 50% more prime property stock knocking around central London this month compared to last November, according to Knight Frank's latest stats, as tax becomes the great unknown for buyers.

Great schools and even better golf courses keep the cash flowing through the shires, says Julian Amos.

More agents are joining the ranks predicting a drop-off in price growth next year; the latest - top London-based firm WA Ellis - is tipping a shift to more realistic pricing as the main driver. 

All the latest juicy data from the Land Registry is out, showing the number of properties sold in England and Wales for over £1m in August 2012 was up 12% to 843 from 753 in the same month last year.