Format: News
Huge rise in PCL tenancies as buyers turn to let
One of PCL's top lettings agencies has reported a massive 94% year on year increase in tenancies, seemingly driven by disappointed buyers giving up on the idea of finding their perfect pad.
The Rise of Rent: 250,000 new rental households created in London in the last year
247,000 new rental households appeared in London last year alone, says CBRE, as "the emerging build-to-rent market is beginning to bear fruit."
Economic woes bring Greek property buyers to London
A Mayfair-based buying agency has reported an influx of Greek clients looking to invest in the UK capital as economic clouds gather over the Eurozone.
PropertyGuru appoints new board members and chairman after investment
After closing the S$175m investment by a strategic consortium comprising TPG, Emtek Group and Square Peg Capital in June (read all about it here), Asia’s leading online property portal PropertyGuru has…
‘Europe is surging ahead’ – Chinese portal assesses global housing markets
Chinese mega-portal Juwai has flagged Ireland as the world's strongest-performing housing market, with a +15.75% price increase in the last year.
Biggest quarter for Scotland’s £1m+ market in ten years
The top end led Scotland's housing market during the year to March, says Savills, with activity up by a hefty 33%.
Tax & Benefits: How the system cuts the income gap between richest and poorest from 15x to 4x
“The rich are making the biggest contribution” is the default Tory position on wealth taxes, oft repeated in and around Budget times.
West End property owners back capital’s first Business Improvement Districts
Plans for new Property Owner Business Improvement Districts (PO BIDs) to transform parts of the West End have bagged the support of some real estate big hitters.
Investec and Linden team up on £42.5m Hammersmith scheme
Investec Structured Property Finance and Linden Homes have teamed up on a £42.5m resi-led scheme in Hammersmith.
Planning consents hit 261k; highest annual total since before the 2008 crash
In the year to March, councils across England granted permission for 261,000 new homes, the highest annual total for eight years.
Brandon Lewis
‘Something has gone badly wrong… Put people back at the heart of planning’ urges TCPA
"Something has gone badly wrong" with Britain's planning system in the last few decades, says the Town & Country Planning Association (TCPA) as it launches a "radical new manifesto" which argues that…
Heatherwick to design homes?
Britain's current trendiest designer Thomas Heatherwick has said he is "talking with some people" about working on housing projects.