Sales
Money Talks: The impact of currency fluctuations on PCL buyers and owners
In the last four months alone, the same hypothetical house in one of the best parts of prime central London has become 16% cheaper for a Swiss buyer converting francs, but a mind-boggling 47% more…
Lodha taps into Mayfair’s Indian millionaires to sell world’s tallest resi skyscraper
Indian mega-developer Lodha has tasked Mount Street-based agency Wetherell with launching its latest super-prime project, nearly 4,500 miles away in South Mumbai.
Asking prices jump as supply of quality stock dries up
Despite all the market talk of waiting-and-seeing, Rightmove reported its busiest ever month in January - 100 million site visits and around 100 enquiries to agents every minute - but stock levels are…
How Bath, Bristol, Cheltenham & Oxford left the rest of the market behind
Things are really cooking in the prime city markets outside of London right now.
Thumbs up for Farringdon office-to-resi scheme
Another significant resi development has been given the go-ahead near Smithfield market in Farringdon.
PCL lettings market ‘set for a boost’ as sales transactions plummet
A grand total of 693 properties were sold in prime central London during Q4 2014, according to Strutt & Parker and Lonres. That's 32.5% down on the same period in 2013.
Is online estate agency the new sliced bread?
...or just another feeble attempt to use the internet for something it was not designed for? Trevor Abrahmsohn cuts to the chase...
‘The short-term confidence outlook is negative’ as January chills – RICS
The RICS has confirmed what everyone else is seeing, reporting that the national and London markets are cooling right down with prices, enquiries and sales all tailing off in January.
Westminster’s development pipeline hits 3,000 units
Strutt & Parker has been making some interesting observations on PCL's new-build sales market.
Flats and maisonettes lead PCL’s price growth – LCP
Prime central London has - "contrary to generally downbeat reports in 2014" - delivered the highest level of property price growth since the economic recovery properly kicked off in 2010, says an optimistic London…
The rise of the seven-figure market: £1m+ deals triple in ten years
The number of £1m+ sales has shot up by 80% in London since 2006/7, helping the quantity of seven-figure deals across the country to probably breach its 2007 peak for the first time in 2014, notes Savills.
Savills Bahrain opens international resi sales suite
Savills has launched a dedicated resi sales offering in Bahrain for local residents keen to buy in the UK, Europe or the Americas.