Format: News

Britain's first online estate agency to float on the stock market, Purplebricks, did not fly on its first day of trading.

We may be nearing full festive mode, but it sounds like a couple of significant deals have gone/are going down in Mayfair.

UPDATE: Reports have claimed the mystery buyer is Dalian Wanda boss Wang Jianlin, China's richest man.

Top-end developer Finchatton has given us a sneak peek at its latest international design project - a $24m, 7,775 square foot residence in one of the world's most exclusive resorts.

Estate agents in prime London are expecting an influx of wealthy Iranian buyers next year as sanctions in place since the 70s look set to be lifted.

Property management group HML Holdings has snapped up a south east London-based firm for £715k.

John Swinney has followed George Osborne's lead, announcing a 3% increase in the Land and Buildings Transaction Tax rate for additional properties in Scotland, such as buy-to-let and second homes.

There are currently 622,939 "property millionaires" in Britain, according to Zoopla's latest estimate, 75,796 more than there were in January. A 14% rise over the last year now means that 2.

"The news is bleak" says the Association of Residential Letting Agents (ARLA) and National Association of Estate Agents (NAEA) as it forecasts that home ownership will fall by 7% in the coming decade…

JV developers CALA and City & Country have been given the go-ahead by planners for their residential redevelopment of the Donaldson's College building in Edinburgh.

Residential property will be front and centre at next year's MIPIM in Cannes, with the event's main theme being "Housing the World."

Topland is making good on its promise to keep lending on London's prime resi projects.