The Market
World’s wealthy set to grow by 50% in the next decade as “appetite for risk” returns
The global stock of high net worth individuals (HNWIs) grew by 8,700 (5%) last year, and is expected to increase by 50% over the next 10 years, according to Knight Frank's magnificent seventh Wealth Report.
Lettings ads must now show all compulsory fees
The Advertising Standards Authority (ASA) has decreed that lettings agents must include details of all compulsory fees in their property advertising.
The return of risk to drive European property investment – CBRE
"Appetite for risk" is the phrase of the day, cropping up today in both Knight Frank and CBRE research reports.
Central London development market booms as sales rocket 50% in a year
Heightened activity in last year's Central London development market has propelled sales and construction to hit some heady post-crisis peaks, according to Jones Lang LaSalle, with further strong performance…
London: Luxury homes capital of the world
London is the luxury homes capital of the world, and the global prime property market is more similar to the fine art market than to the mainstream property market, according to a new report from Christies…
New Scottish land tax could drive prime buyers south of the border
Strutt & Parker has warned that Scotland's Stamp Duty replacement, due to kick-in in 2015, could wobble the top-end of the property market north of the border, especially in prime areas around Edinburgh…
Letter from the Home Counties
In a spring market, the best things come to those who don't wait, says Julian Amos...
The old adage "the early bird catches the worm" certainly comes to mind when analysing February's market.
Prime London house prices now 55% above 2009 market low
The average price of prime central London property increased by 0.9% in February, the highest rate in ten months.
London drives strong investor returns as UK resi portfolios deliver 8.9%
Residential investment continues to outperform inflation and commercial real estate, according to the latest IPD UK Annual Residential Property Index, with returns from portfolios in the private rented…
Jones Lang LaSalle wins Manchester Skyline gig
Jones Lang LaSalle has bagged the instruction to sell Skyline Central 2, an award winning prime residential development by Wheatley Properties on the fringe of Manchester’s northern quarter.
Cash buyers crash out of the prime central London market
The proportion of cash buyers in prime central London has slumped from 74% in 2011 to 49% in 2012, according to the latest (well-timed) report from Cluttons.
Sleeping Giants: British buyers awake at last
British buyers lay the market's foundations and provide a bellwether for which areas will continue to be popular - and they've started buying again, says James Bailey...