Miscellanea
CHAPS outage hits property deals
A 'global payments issue' delayed many high value and time-sensitive payments, including some house purchases, but has now been fixed.
Experts warn of ‘reset moment’ as London homes face climate change catastrophe
'Cascading risks' loom for the capital, as escalating extreme weather events mean 'around 43% of London properties are likely to be affected by subsidence by 2030.'
£400mn investment drive to ‘put the Bloom back into Bloomsbury’
Stakeholders & landowners join forces to reinvigorate historic London neighbourhood.
Splash the Cash: Waterfront homes attract a 48% price premium
More than half of waterside properties sold in the UK go to cash buyers, reports Knight Frank.
Savills recruits new Brook Green sales boss from Marsh & Parsons
Agency announces 'key hire' in west London.
Comparing the cost of ‘living well’: Swiss bank heralds ‘Roaring 2020s’ for global super-rich as luxury price inflation eases
The high life is now more expensive in Europe than in most Asian wealth hubs, according to research by Julius Baer, which flags a "new lifestyle boom" for the world's wealthiest people.
High-profile restaurateur opens ‘Grande Café’ at Fenton Whelan’s Park Modern
Jeremy King's new venue on Queensway offers perks to residents of the super-prime apartments above.
Industry football tournament raises over £23k for charity
Some of the biggest names in London property were in action at this year's CPR Cup.
Tower Power: Architects turn skyscrapers into batteries
Skidmore, Owings & Merrill has partnered with Energy Vault Holdings to 'explore how the architecture of renewable energy can enhance our shared natural landscapes and urban environments.'
UK sees ‘unprecedented’ exodus of millionaires
Britain is losing more high net worth individuals than any country expect China, as a surge in the number of moneyed migrants 'signals a profound shift in the global landscape and the tectonic plates of…
Tom Bill: General election means longer limbo for landlords
'If Labour wins the election, some version of Renters Reform Bill is likely to re-appear, although the timing will depend on their wider list of priorities...until then, uncertainty reigns.'
Homes in protected landscapes come with a 50% price premium
Savills has worked out which National Parks, National Landscapes (formerly AONBs) and National Scenic Areas come with the highest price tags.