Sales

Trevor Abrahmsohn on the resilience of prime... Mansion Tax, no Mansion Tax - what’s the answer?

Prime central London prices continue to reach new heights, according to Knight Frank's latest residential property market report, climbing by 0.5% in August , taking the annual rise to 9.9%;

 To sell your property on the open market or not?  That is the question... at least in prime central London, says Robert Bailey.

Foxtons has just opened the doors to its 37th office.

London property developer Ballymore has postponed a planned property showcase in Bangkok because of better-than-expected sales in Singapore, says Andrew Batt.

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.