Format: News
PCL’s domestic buyers rallied in referendum run-up as overall deal numbers tumbled
As overall deal numbers tumbled, there was "a significant increase" in the number of domestic buyers of second-hand in prime central London during Q2, reports Strutt & Parker, as just shy of 33% of residential…
‘Mini mansion’ on ‘The Bishops Avenue of mews’ comes up for £7.75m
A five-storey "mini mansion" on Clabon Mews - where Knightsbridge and Chelsea meet - has come up for sale with a £7.75m asking price.
Q2 Review: Transactions tanking and buyers negotiating as prime London hits the brakes
The prime London sales market in 2016 has been "significantly distorted" by both the referendum and the introduction of the 3% stamp duty levy for additional properties in April, notes LonRes in its authoritative…
Brexit vote ‘has been a trigger to make overdue reductions to asking prices’ – Knight Frank
For all the catastrophising Brexit-bating headlines, it's stamp duty that's really sculpting today's prime central London property market, says Knight Frank as it tells of a 1.
Where in the UK has the level of home ownership dropped the most?
There rise of renting at the expense of home ownership in London is pretty well documented, but a new report indicates that it's not just a problem for the capital...
Fitzrovia penthouse with roof terrace ‘larger than the average family home’ comes to market
A three-bed penthouse in Fitzrovia with one of London's biggest roof terraces - it's bigger than the average family home - has come up for sale, asking £6.995m.
Sales volumes to stay suppressed for the rest of the year – LSL
LSL Property Services, which owns a whole bunch of UK estate agencies and surveyors, has reported some strong H1 results but reiterated that market conditions are unlikely to improve enough for it to hit…
Currell hires ex-Colliers man to drive east London expansion plans
Currell has hired Matt Cobb as Director of New Homes to spearhead an expansion of the business across east London.
London-national price gap ‘has closed significantly’ – but it’s just statistics
The average London property price in May (£472,163) was around double the England & Wales average (£221,832), according to the latest batch of stats from the Land Registry and ONS under the still-experimental…
Countrywide consolidates prime London estate agency branches
Countrywide Plc has shut a long-standing outpost of Faron Sutaria in Chiswick, sending the office's business and staff to neighbouring Countrywide group brand John D Wood.
London house prices to drop 5.6% next year as safe haven status ‘is under threat’
The housing market across the UK "will slow but not plummet" over the next 18 months, predicts the Centre for Economics & Business Research, but London is in for a more harsh adjustment next year;
New home registrations at highest level since the crash (but what’s going on in London?)
A total of 41,222 new homes were registered by the National House Building Council throughout the UK in Q2, an uptick of 1% on the same period last year.