Sales

The £1m-£2m price range remains buoyant, but tax reforms are now seriously affecting the market for properties priced above £2m, according to the Buying Solution.

All this talk of mansion tax is already prompting owners of £2m+ properties to sell up, reports WA Ellis, with an abnormally high number of these instructions recorded in September.

The top line news from the latest Land Registry report shows increased demand for prime homes, with the number of properties sold for over £1m in June 2012 increasing by 35% to 647, from 478 in June 2011.

Adam Moorhouse Chesterton Humberts has appointed Adam Moorhouse as the new sales director of its Kensington High Street office.

Savills has reported significant polarisation within the prime central London market, with only a third of properties showing any price growth in the last three months.

Strutt & Parker are predicting an Autumn surge for the property market, with buyers who were side-tracked by all the fun stuff that happened over the Summer getting back into the groove and househunting…

The stock of property available for sale is 10% higher than this time last year, and is at its highest point going into September since 2008 according to the latest Hamptons.

Native Land and Grosvenor have awarded a £50m construction contract to Sir Robert McAlpine to deliver their Alpha Place scheme on Chelsea Manor Street, London.

The August RICS Housing Market Report is out and the big surprise is that there were no big surprises...  

The capital's sales market is "chronically undersupplied", whilst the rental market is flooded with stock, according to Douglas & Gordon.

Grubby kitchens and bathrooms are the two biggest turn-offs for potential buyers, according to Rightmove's new research. 

Knight Frank's latest report, out today, shows that prime central London property prices are now 14% above their March 2008 peak, and nearly 50% above their March 2009 low.