The Market

Average prices per square foot in PCL in the first half of 2012 are now in excess of £1,340, say Garrington in their brand new London Property Market Review, an increase of 12.

Nick Carter and Francesca Fortunati Chesterton Humberts has announced the opening of a brand new office in Kensington Church Street, to work alongside their existing Kensington High Street branch.

Selling off social housing in prime areas may not be such a daft idea, but banks witholding lending for private development certainly is, says Trevor Abrahmsohn. 

The latest London property market review from LonRes makes for some pretty depressing reading.

July and August are usually heralded as a hiatus in the property market, with holidays and sun-soaked barbeques/drizzle-drenched roasts (delete as applicable) cutting the number of vendors, house-hunters…

Almost a third of respondents in the latest Association of Residential Letting Agents (ARLA) survey claimed they had increased the size of their portfolios since July 2011.

Roll up, roll up for the great Olympic non-event, says Trevor Abrahmsohn.

With Asian buyers reportedly accounting for 60 pc of new build properties purchased in Central London in 2011, developers are increasingly tailoring projects to appeal to their top demographic.

UK house prices increased by 2.3 per cent in the 12 months to May 2012, continuing the pattern seen since early 2010. This rise was driven by a 7.

PPR Estates director, Nick Hopkinson, has lambasted today’s ONS House Price Index figures, slating the report as "simply an analysts' field day." In a statement today, he said;

Vendors cut asking prices by 1.7% in the last month as new sellers outnumbered successful buyers by two to one, according to Rightmove's July Property Index.

The prime London property market is grinding to a halt as the Olympics approach, according to Cluttons' latest "London View" report.