Format: News

A £120k instruction has been causing a bit of a stir this morning, mainly because it's on one of the best roads in all of Knightsbridge. Swanky: Lennox Gardens

Humberts has hired seasoned pro Jeremy Campbell-Harris as its new Head of London Country Houses.

Lodha, one of the world's biggest developers, has rolled out what's thought to be the first Initial Public Offering-style pre-launch for a residential scheme.

Prime central London property prices are becoming "more sober" as annual growth has now slowed to just +2% - down from +8.

Edinburgh's market is "still absorbing" the move to LBTT, notes Knight Frank, as prime property prices in the Scottish city nudged up by 0.4% in Q2. Annual growth has now slowed to +3.4% from +5.

Demand for property in prime central London has fallen by 3% since May, claims online estate agency eMoov, with over 60% of boroughs seeing drops of up to 37%.

CBRE Global Investors is apparently selling off an impressive chunk of Soho with full plans for residential development, with an asking price of £35m.

The entire contents of the 45-bedroom 2-8a Rutland Gate - which has been on the market since 2012 with a rumoured asking prices of £300m - are to be auctioned off online in "an unprecedented opportunity."

"Investors in prime central London have reason to be positive this year," says London Central Portfolio, bucking today's trend for gloom-mongery.

Jonathan Hopper, Managing Director of Garrington Property Finders, has been elected to the board of the Property Ombudsman to represent buying agents.

The Preview Day of the sixth edition of Masterpiece London ended with reports of record visitor numbers and strong sales across the board.

The first batch of apartments on the Lots Road Power Station site - now officially known as Chelsea Waterfront - have been released by Cheung Kong Property Holdings (formerly Hutchison Whampoa Properties).