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Developers under pressure to deliver as new-build reservations soar
Regional reservations were up 41% on pre-pandemic levels in the first few months of this year, but housebuilders are having a hard time keeping up with the demand
Resi land values soar as major developers ‘return to pre-Covid levels of buying’
All types of developers are on the lookout for sites, reports Savills, but the cash-rich big players are proving the most competitive…
PCL house market ‘renaissance’ as £5m-plus sales soar
New data shows a 140% leap in PCL house sales above £5m during the first four months of 2021, as the time taken to sell falls by 15%.
London’s new-build market had a tough Q1
Fewer new homes sold in London during the first three months of 2021 than in any quarter since 2012, while construction starts hit a ten-year low.
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£11mn Mayfair townhouse snapped up in ‘ultra-fast’ deal
Former residence of Countess Raine Spencer on Farm Street sold within three days of listing, following a 'wave of enquiries from around the world'.
In Pictures: Cipriani Residences Miami’s London launch party
Mast Capital showcased its latest luxury branded residential project to Mayfair's deal-makers & glitterati last week.
By PrimeResi
Rare new-build townhouse hits the market in Chelsea
Double-fronted project by boutique developer Wilben is the first new house on Gertrude Street for over 170 years.
Chancellor set to leave CGT rates for second homes ‘untouched’
New leaks from Downing Street suggest Rachel Reeves is planning to leave Capital Gains Tax on property sales unchanged, while increasing rates on other asset sales by 'several percentage points'.
By PrimeResi
Interview: Hamptons’ Craig Tonkin on positioning a heritage estate agency for success in today’s PCL property market
'Unlike a number of other agents we don’t feel threatened by the emerging ‘broker model’, indeed we see huge opportunity to evolve with it'
RE Confidential: On maintaining privacy in prime property deals
Lawyer Hugh Wigzell explains how high-profile clients can protect themselves before, during & after a significant purchase.
By Hugh Wigzell
‘Promising signs’ for Prime London’s property market as under offers jump by 22%
Buyers have remained active despite ongoing challenges and a strong pipeline of sales is building, reports LonRes.
Ranked: London parks with the highest house price premiums
Today's buyers are placing much more value on proximity to green spaces, reports Savills.
The Crown Estate ‘reshapes’ property teams
Hannah Milne & Kristy Lansdown step up as Simon Harding-Roots steps down.
By PrimeResi
Buyers compete over ‘magnificent’ former school in St John’s Wood
'One-off' 1860s building goes for above guide price in speedy deal.
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Firm claims number one ranking after opening an office in the prestigious neighbourhood just ten months ago.
Tom Bill: Higher-value property markets see bigger pre-Budget slowdown
'Stamp duty on sales above £2mn accounted for 22% of the £11.7bn raised last year, which is something the government may want to consider as it puts the finishing touches to its Budget'
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Kensington-based brokerage signs former Lurot Brand lettings boss
Mollie Crowley has joined Jack Graham-Lindsey’s team at 'tech-led' prime property firm Harding Green.
Hugh Obbard: The ten trends shaping prime London’s property market
The founder of long-standing boutique property firm Obbard provides an overview of the prime London market, highlighting ten key trends as we approach the close of a "pivotal year".
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Investor confidence in the London property market dwindles
A new survey scored the UK capital just 5.5 out of 10 for property investment prospects.
By PrimeResi