Format: News

Britain's 'ability to buy' is better now than it was in 1997, says Hamptons International, as the affordability of housing has improved in recent months.

Foxtons is reporting that a record number - 85% - of all its tenancies are renewing contracts.

"The number of Manhattan apartment sales greatly increased in the four weeks leading up to July 1," says New York real estate website City Realty from across the pond.

In an unusual move, the landlord of a rental property on Mulberry Walk is tempting prospective tenants with carte blanche to completely redecorate a whole house.

Two former members of Good Relations' specialist property PR division have teamed up to launch a new indie agency in Midtown.

Savills has completed its acquisition of Sydney-based real estate agency Cordeau Marshall.

A top PCL recruitment consultant has decided to tap into the Midlands property market with his new venture.

How's this for a soft launch... Over 1,000 buyers have already enquired about apartments in the soon-to-be-transformed Shell Centre, less than a week after the registration process began.

In stark contrast to what's being going on in the sales market, average rental values across prime London are now 7.4% higher than they were at this point last year.

A Neolithic tomb in Cornwall, a shell grotto on a Georgian estate in Dorset, a Victorian coffin works in Birmingham, a Sheffield steel workshop and a 14th century Norfolk church are just some of the heritage…

Rental values in prime central London have dropped - albeit by the smallest of measures - for the first time since February 2014. July saw PCL rents fall by 0.

"Asian cities are rising up the rankings," says Knight Frank, as seven of the top ten cities in its Prime Global Cities Index are now based in the Asia Pacific region.