Sales
30% fewer buyers in PCL as price growth drops to six-year low
The number of new prospective buyers in prime central London was -30% down in the three months to September compared to the same period in 2014, says Knight Frank, as prices and transaction levels fall…
Steady five years ahead for the UK market; ‘uneasy’ PCL to rebound in 2018 – JLL
A strong and stable domestic economy will underpin the UK housing market over the next five years, says JLL in its latest batch of forecasts, while London looks set to come under increasing pressure.
Digging Deep: Buyer bids £150k for unexcavated basement
A buyer has just shelled out £150k at auction for an unexcavated basement in London's Bloomsbury.
Apprentice star’s agency opens fourth office in four years
Jamie Lester's Haus Properties is launching another office in leafy Fulham, taking its tally of branches in the capital to four.
Is this the West End’s ultimate fixer-upper?
A project on Charles Street with a particularly colourful past is being billed as "the West End's ultimate fixer upper opportunity".
The first floor apartment at Number 6 is being offered up at £1.
Vendors bearing the brunt of extra stamp duty costs – LonRes
With 83% of agents in its autumn survey reporting that changes to stamp duty have had a detrimental effect on their local markets, and a net balance of respondents noting falling levels of activity…
Insurers call for traffic-light flood risk info on all property ads
The Association of British Insurers has called for a traffic light system to be introduced on property adverts and particulars to clearly display the potential flood risk.
Carrington on Q3: A vendor should not expect to see a 10% annual appreciation on their asset any more
The old argument of prevailing market conditions just being the natural forces of supply and demand doesn’t wash when the outlier that is the massive influx of overseas investment tips rising house prices…
How to achieve guide price in a buyers’ market
In what is seen by many as a buyers’ market, it can seem like a tough challenge to achieve the guide price.
One Hyde Park apartment tops September sales register
An apartment in Knightsbridge's One Hyde Park has topped the list of resi sales recorded by the Land Registry in September.
The latest dataset shows Apartment A.04.
78% of prime London agents think vendors are ‘being unrealistic’ about asking prices
The impact of changes to SDLT made at the end of 2014 "continue to be felt" across the prime central London resi market, notes LonRes in its Autumn Review, a situation exacerbated by increased uncertainty…
Heavy Duty: How the new SDLT system stuffed both ends of the market
The new SDLT regime is creating a boom and a bust at one end of the scale whilst raising less money for the government at the other; not such a clever move, says Trevor Abrahmsohn...