Format: News
Permitted Development Rights fails to deliver as policy deadline looms
Less than 6% of homes approved through Permitted Development Rights in major London schemes of 20 units or more have actually been delivered, according to some startling new findings.
FORECASTS: ‘Ugly Betty’ properties, the £2m opportunity, and the rise of rural – Stacks
Property search agency Stacks has canvassed its senior types to come up with a series of mini-forecasts for next year.
Here are some nuggets:
Planning nod for Ransome’s Wharf redevelopment
An application to completely redevelop Ransome's Wharf in Battersea has received the unanimous support of Wandsworth's planners.
Vendor sweetens penthouse deal with free Lamborghini
The vendor of a $38m Las Vegas penthouse is hoping to pique the interest of high-rolling buyers by throwing in a $250k Lamborghini hyper-car to sweeten the deal.
‘Mini-boom hits a pause’ as asking prices fall – Rightmove
Asking prices have dropped by 1.7% in the last month, says Rightmove, as the traditional winter slowdown kicks in.
This year has seen prices of new instructions hitting the portal rise by 8.
British Land resi development exposure ‘now below £200m’
Developer British Land has announced pre-tax profits of £1.04 bn in its half-yearly results statement this morning, up from £422m in the same period last year.
London’s prime resi rental market ‘continues to improve’ – Chestertons
Prime rents nudged upwards in Q3, says Chestertons as the firm forecasts a 3% increase for prime London rents next year.
Q3 saw prime rents rise a touch by 0.
Grade II* Minley Manor sparks global bidding war
Carter Jonas has just sold one of Hampshire’s landmark properties for above asking, after receiving bids from all over the world.
West End’s priciest penthouses launch on Chiltern Street, Marylebone
Galliard Homes and Frogmore have launched what the developers claim are the West End's most expensive off-plan penthouses in the West End, on "London's coolest street" (Conde Nast Traveller).
Black Brick looks to Angola for future HNW clients
Prime central London buying agency Black Brick has given a fascinating insight into its business and market position, releasing an analysis of its property purchase and transaction data since it was…
LendInvest recruits mortgage veteran to run sales and marketing
Peer-to-peer property lending platform LendInvest has recruited an industry veteran as its new Head of Sales & Marketing.
Zoopla rolls out new property news section
ZPG has launched a new Property News section, with separate editions covering resi, commercial, new build and overseas markets.