Format: News

More mortgage borrowers are opting for variable rates that at any time since Nov 2012, as the chances of the Bank of England hiking interest rates anytime soon slips back. 

Accountancy firm Simmons Gainsford is putting on an evening seminar next month to pose the question "Has the London residential property market peaked?" with the help of Savills' research team.

Marking the first day of Spring and International Day of Happiness, Knight Frank's latest house price sentiment survey shows a blooming of good moods in all regions of the UK during March.

Nearly £50m-worth of bridging loans are being dished out each week as the sector posts annual growth of 24%, according to West One's Bridging Index.

At +7.2%, the Royal Borough now has the slowest annual rate of property price growth of any London Borough, falling well short of top-performing Newham's +23.4%.

"2015 could be the year when the Leeds city centre residential development market re-ignites," says JLL, as works on at least one resi scheme are set to start imminently.

Wainbridge Ltd has landed planning permission for its Flanagan Lawrence-designed scheme on Alfred Place, between Goodge St and Tottenham Court Rd underground stations.

Savills has just turned in a monster set of annual results, with Group revenues up 19% to £1.1bn. Pre-tax profit was up by 21% (to £85m) in the year ending December 31st.

A key section of Capital & Counties' Earls Court masterplan has been given the official thumbs up by RBKC's planners. The West Brompton Village application involves a new public square of 0.

RBKC Council is digging in over rogue basement development, slapping stop notices on eight projects in a single day on Tuesday.

£2m+ home sales are likely to account for 30% of total SDLT receipts in 2015-16, up from 17% in 2013-14 because of the Autumn Statement's reforms, according to the Office for Budget Responsibility (OBR).

Buying agency Middleton Advisors has expanded its London division with the appointment of former Chestertons man Ashley Wilsdon as Consultant.