The Market
Resi land values on the rise
Resi land values in prime central London shot up by 4% in Q2, whilst prices across the UK rose by an average of 1.2%, according to Knight Frank today. This means that average UK values have risen by 1.
“Silver Spoon” students keep London’s super-prime lettings at the top of the class
Knightsbridge and Mayfair are the most expensive parts of London to rent a two-bed flat (avg.
New Building Regs tackle carbon emissions, but may penalise smaller developers
The newly-toughened-up Part L of the Building Regulations has some very noble aims to tackle climate change by making new-build homes significantly more energy efficient.
New Marylebone office for Savills
News of another important branch opening now, with Savills confirming a permanent foray into well-heeled Marylebone.
PCL house prices to rise by 6% (not 0%) this year – Knight Frank
Barely a week after Savills tore up its start-of-the-year predictions, adding 6.
Lobby Talk: Why a stubborn Government breeds corruption
Amoral lobbying is just a symptom of a broken consultation system, says London Central Portfolio's Naomi Heaton after an eye-opening experience on the Ensuring the Fair Taxation of Residential Property…
Westminster mulls office-to-resi conversion tax
There's talk of a tax on office-to-resi conversions in Westminster, as the Council tries to maintain its 10-year principle of a "fine grain" level of mixed use buildings.
Demand for London’s super-prime “unwavering”
Despite being lumbered with astronomical SDLT and ATED bills, one agency reckons buyers at the top end haven't been beaten into submission just yet.
Trade in Chelsea: Young domestic buyers prop up SW3/10 as developers move out
Q2 was pretty good for Strutt & Parker’s Chelsea office, and there are a few nuggets of interest in the stats for property market watchers...
Dublin Up: Irish property market in recovery?
After five years of relentless decline, with house prices falling by over 50% in some areas, it looks like Ireland's property market might be pulling itself together.
Land Registry records 45% increase in £1m+ sales
As usual, there's a few interesting morsels in amongst all the Land Registry data released today.
Last chance on Cornwall Terrace
After what you could safely call a pretty successful sales push, only one of Oakmayne's ten Cornwall Terrace uber-projects remains on the market.