Format: News
Foxtons blames sales dip on election slowdown
Foxtons has reported raking in total revenues of £33.1m in Q1, down 3.1% on the same period last year.
Dev Secs reports performance ‘step change’ with record profits
Development Securities has reported "a step change in performance" with record pre-tax profits and a record level of development and trading gains realised during the year.
Students overtake financial sector as PCL’s biggest renters
New research has claimed that students are now the biggest renters in prime central London, overtaking the financial sector in terms of numbers and shelling out an average of £28,866 a year in rent.
In Recent Proposals: Notable small-scale planning applications
It’s not nosey. Just interesting to see the type of stuff that’s going through planning at the moment…
Manhattan Projects: A survey of New York’s super-prime new-builds
The top-end of Manhattan's apartment market is driving prices skyward, with the average new-build condominium expected to reach $5.
Buy-to-let landlords ‘seriously in the dark’ on annual running costs
It's been claimed that some UK landlords are overestimating their potential buy-to-let returns by up to 50%, as new research puts the total cost average annual cost of running and upkeep of a BTL property…
Talking Stock: Analysing PCL’s key residential supply trends
The number of dwellings in the Royal Borough has barely altered since 2001 and some of prime central London’s golden postcodes have actually lost stock, according to some eye-opening new research into…
Mayfair ‘blight’ to become London’s next £500m scheme?
One of the last remaining major development sites in Mayfair is being put up for sale this week, with some talking about the potential for a £500m scheme.
Size Matters: Glebe launches Mayfair’s biggest lateral apartments
Developer Glebe is claiming that its ultra-prime resi conversion of the old Buick motorcar showroom on Albemarle Street has delivered some of the biggest lateral apartments in central London.
Grosvenor posts record profits after timely London resi disposals
Grosvenor Group has just announced record pre-tax profits of £681.8m in 2014, well up from the £506.9m posted in 2013.
How many £1m+ deals will be going through in 2019?
It's been estimated that nearly 28,000 £1m+ properties will be sold in the UK each year by the time we get to 2019.
Election ‘sweeteners’ could fundamentally change the UK housing market
Edward Burton looks back on a week of extravagant promises and headline-grabbing announcements, including that worrying mention of an additional rate of SDLT for foreign buyers...