Sales
Supply and demand drop, but deals rise – NAEA
19% of buyers are paying over the asking price as supply levels drop by 27% on the year, trumpets the National Association of Estate Agents in its latest Housing Market Report. 46% are paying under asking.
London Cooling? Seems seasonable to me…
If London's property market is indeed 'cooling off' towards the summer months, that doesn't mean it's 'reaching stagnation';
Indian buyers and developers make £1bn move on Mayfair
After an extraordinary eighteen-month-long buying spree, ultra high net worth purchasers, investors and developers from India have become the dominant overseas force in the Mayfair property market, according…
Tour of Beauty: New scheme launches with a ‘Ladies Day’
One firm has decided to inject a bit of glamour into the launch of a new development in Berkshire.
Baroness Thatcher’s last home to go on sale for £35m?
The Belgravia home of former Prime Minister Baroness Thatcher could be about to hit the market for up to £35m, according to reports.
Chester Square, Belgravia
Asking prices hit ‘virtual standstill’ as London ‘runs out of steam’ – Rightmove
It's been a while since Rightmove's asking prices went any which way but up, but it happened in May: the month saw a "marked change" to the trend with new seller asking prices "at a virtual standstill",…
National average prices to breach 2008 peak within 12 months; London prices to rise by 25% by 2019 – ERC
Prices are likely to carry on up across the country, although London's growth rate will slow a touch while the rest of the country accelerates until 2015 before hitting a plateau from 2019.
Up Country: Prime country home sales rocket 35%
There's lots of life in the country market: sales of prime country homes shot up by 35% in the year to March compared to the previous 12 months, according to the latest from Knight Frank.
Letter from the Home Counties
Deep in the commuter belt, there's an emerging trend of families making a sideways move from a larger, older property into a new-build, says Darren Walter...
A quarter of our instructions are now overpriced by 20% – Sandfords
Along with a few other firms, PCL estate agency Sandfords called the top of the London market several weeks ago now, but the team's latest observations would suggest the slowdown has actually been…
The Great British Super-Prime Takeover: Re-drawing London’s £10m+ map
“There are more British buyers in the super-prime bracket than at any time since the collapse of Lehman Brothers,” says Knight Frank's Head of London resi research Tom Bill, as the proportion of homegrown…
Johns&Co to open up in Providence Tower
New build agency Johns&Co has decided to set up shop in Ballymore's Providence Tower development.
John Morley