Empty homes in the UK: The true picture
Jan Ambrose, Editor of the residential section of the RICS' Property Journal, explores the data behind empty homes headlines, and asks what can be done to deal with long-term vacant properties
Jan Ambrose is editor of the residential section of the Royal Institute of Chartered Surveyors' Property Journal.
The total value of British homes has climbed by £1.6 trillion in the last five years
A sharp acceleration in property price inflation means that the combined value of British homes has climbed by £550 billion (a third of the total five-year increase) in just the last 12 months, according…
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BoE paints gloomy picture of no-deal scenario, with house prices plunging by nearly a third
UK could face worst economic slump since WWII in the event of a 'disorderly' no-deal scenario, according to the Bank of England's latest analysis;
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The Rise of ‘Necrotecture’: Half of London’s new-build homes are underused, claims academic
And 64% of London homes worth more than £5m are "empty", according to a new study by Rowland Atkinson, Chair of Inclusive Studies at Sheffield University
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Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
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Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
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‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
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Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
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Super-prime brokerage reports ‘strong sales with significant deals’ – transacting over £400mn in Q3
International buyers accounted for more than two-thirds of deals handled by UK Sotheby's International Realty.
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UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
By PrimeResi
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Postcard from the Cayman Islands: ‘Lifestyle is as important as investment’
Jeremy Hurst shares his view on the low-tax tropical enclave's developing luxury property scene - partly fuelled by an influx of UK non-doms.
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