Format: News
A third of West End sales now achieve over £2250 psf – CBRE
CBRE has reported a particularly strong few months in the West End market, after tucking away just shy of £60m worth of stock in Q4.
Two-unit amalgamation deemed ‘development’
An owner looking to combine two London flats into a single unit has been denied a LDC after a planning inspector decided the work would come under the official sec.55 definition of "development".
Sub-£1m properties ‘face extinction’ in Mayfair and the West End
The sub-£1m home is soon to become a thing of the past in Mayfair and the wider West End.
Resi plans drawn up for Park Lane Hilton Tower
The Livingstone brothers' London & Regional have devised plans to add 28 luxury apartments at the top of the Park Lane Hilton Tower.
Mayfair townhouse tops January’s recorded deals
Only a handful of super-prime resi deals featured in the latest release of Land Registry data, which looks increasingly like the new normal.
The £15.
Osborne trumpets a ‘fair, workable, lasting’ SDLT reform
George Osborne says that over 780,000 homebuyers saved an estimated £657m on Stamp Duty Land Tax (SDLT) in the year since the tax was reformed, while receipts from £1m+ sales increased by 15%.
Private housing continues to drive architects’ growth
The RIBA Future Trends Workload Index bounced back strongly in January 2016, rising to +29 (up from +15 in December 2015), with private housing continuing to be the primary growth area for the profession.
Demand slips in prime central London as uncertainty catches on
"Uncertainty in financial markets and domestic political concerns have moderated demand in prime central London," says Knight Frank.
JLL cuts central London resi development growth forecasts
Weakened demand has prompted JLL to significantly downgrade its forecasts for central London's resi development market.
MHA boosts team with trio of hires
Knightsbridge-based development and investment firm MHA London has recruited a new design manager, planning manager and financial director.
Nuno Meira
New Director for heritage group SAVE Britain’s Heritage
Historic building campaign group SAVE has brought in a new Director to replace Clem Cecil, who moves on to become Executive Director of Pushkin House.
Rightmove reports a win from portal wars as market share rises to 85%
Revenues at Rightmove have climbed by 15% to £192.1m (2014: £167m), marking 15 successive years of growth for the UK's No.