Market Snapshot: Mayfair
How have transactions and prices been holding up in the most exclusive of London enclaves?
News Stay on top of the market
Britain’s homes are ‘not fit for the future’, warns Gummer’s Committee on Climate Change
We are not ‘adequately prepared for the challenges of climate change’, warns the CCC, ‘both in terms of reducing emissions from UK homes and ensuring homes are adequately prepared for the impacts of climate change.’
Mayfair block next to Saudi Embassy heads to auction
6,260 sq ft chunk of Charles Street is looking for over £6m
‘Frustrating’ delay for U+I in RBKC
Developer forced to rethink timings for Newcombe House project as planning saga drags on
Forbes heralds Ekkist founders in Europe’s 30-under-30 innovators list
One-year-old ‘architecture for wellbeing’ consultancy recognised as a top innovator in Europe.
Average mortgage payments as a proportion of income have dropped from 43% in 2008 to 31% in 2018
‘Owning a home with a mortgage now more affordable than 10 years ago’, according to mortgage firm Private Finance, despite house prices soaring by 29%.
Finchatton appointed to Meyer Bergman’s £1bn Whiteleys reinvention
EXCLUSIVE: Meyer Bergman and Warrior Group have signed up luxury property developer Finchatton to help deliver the ambitious £1bn mixed-use transformation of the Grade II listed Whiteleys shopping centre in Bayswater.
Change at the top for Purplebricks as revenues fail to meet expectations
Hybrid estate agency announces replacement CEOs in the UK and USA.
The number of £1m+ homes Britain ‘has fallen by 35,000’ in the last year
Guildford, Cambridge & Sevenoaks are Britain’s top towns for property millionaires, says Zoopla, while over half of the homes in Kensington & Chelsea are worth more than £1m.
Transaction numbers hold up – ONS
Official figures indicate that the monthly volume of residential property transactions is now close to the ten-year average, with little change over the last year.
Bumper start to 2019 for Chelsea stalwarts
Letting division of venerable PCL agency Russell Simpson reports busiest January in recent years, with deals up fourfold on 2018
#TheCPRCup: Fixtures, teams & players
Which top agents will be battling it out in Friday’s hotly-anticipated industry charity football tournament?