Format: News
As a cooling measure, stamp duty reform has succeeded – Knight Frank
"As a cooling measure, December’s stamp duty rise for high-value property has succeeded", says Knight Frank in its latest prime London round-up.
Digs Spenders: London’s £600m foreign student lettings market now a ‘key driver’
The 107,000 international students currently studying in London contribute a whopping £600m in rental income to the capital's lettings market, with some spending up to £1,500 a week on swanky digs…
The Phantom Bounce: Vendors are missing the top of the market – Chestertons
"The London market is unusually difficult to call at present," says Chestertons, with a post-election "phantom bounce" making forecasting even more tricksy than usual.
Rare double development project in Kensington up for £17m
A brace of unmod mansions has gone up for sale on Prince of Wales Terrace, right by Kensington Gardens, sporting a cool £17m price tag for the pair.
HNW advisory Berkeley Hurrell bolsters legal team
Boutique resi property and private wealth firm Berkeley Hurrell has strengthened its PCL offering with the hire of Beth Carey as solicitor.
Rogers blames big house builders for housing shortage
"We need to challenge the monopoly of big house builders," trumpeted superstar architect Richard Rogers at the launch of his flatpack home product.
‘Real improvements’ for small housebuilders as finance gets easier – FMB
Finance for small and medium-size housebuilders is becoming a bit easier to come by, says the Federation of Master Buidlers, as more building firms are saying that they'll be building more homes this…
Winkworth profits hit by sales slump
Winkworth has reported a 17% drop in pre-tax profits in its latest set of results, after sales were hit by all that uncertainty around the election.
Lurot Brand opens up in Notting Hill
Sales and lettings agency Lurot Brand has added to its central London network with a shiny new shop front in W11.
Westminster to launch inquiry into developer’s pub demolition
Westminster is to launch a public inquiry into the demolition of the Carlton Tavern in Maida Vale by a firm of developers.
USA is the world’s ‘clear number one’ for residential investability – Savills
"Investors in international residential real estate should combine an understanding of macro metrics and an appreciation of local, shorter term drivers of house prices when making buying decisions," says Savills as…
Redrow tops £1bn in turnover as it pulls back from PCL
Giant housebuilder Redrow has "curtailed" its land buying in super-prime areas of London in response to the softening market.