Format: News
US buyers £33k worse off than last week as sterling soars
Foreign buyers have seen the cost of buying a property in the UK rocket over the last week, after a Tory election win sent the value of the pound skywards.
Asking prices fall in May for the first time in five years
Rightmove recorded an unseasonal but not unpredictable fall in asking prices before the election.
Qataris behind £40m Mount Street mega-deal?
It sounds like a chunky deal may have just gone through on Mayfair's Mount Street.
Super-prime market ‘moderated slightly’ ahead of polls – British Land
British Land has reported an "excellent" year for the resi side of the business, despite the pre-election heebie-jeebies.
Clarges Mayfair on Piccadilly
Pre-election new instructions fell at fastest rate since 2009 – RICS
Pre-election uncertainty saw new instructions fall for the third month in a row, and house prices rise again in all parts of the UK in April, according to the latest from the RICS.
PCL house price growth hits five-year low
Property prices in prime central London nudged up by 0.3% in April, says Knight Frank, to take the annual rate of growth at a five-year low of +2.8%.
Hunters adds 23 branches with Country Properties acquisition
Hunters estate agency has bought sales and lettings agents Country Properties, adding another 23 franchised branches to its network.
‘Average London house prices are likely to breach the £1m barrier before 2030’
Population, employment levels and average earnings are all set to rise faster in the capital than in the rest of the country over the next 15 years, predicts Oxford Economics, and that means that "average…
Goldsmith joins Chestertons board
Industry veteran and RICS Fellow Peter Goldsmith has joined the Chestertons board as non-exec director.
Esher named most expensive place to rent outside London
New research has named Esher in Surrey as the most expensive place to rent a two-bed property outside of the capital.
Audit reveals London’s planning permission ‘postcode lottery’
Some councils in London are turning down nearly two thirds of the planning applications they receive, according to a review of all the proposals submitted over the last 12 months.
Pre-election nerves were ‘more dire than the Credit Crunch’ for prime central London property
Average prices in prime central London have dropped by 8% since Q4 2014, while transaction levels collapsed by 22.