Format: News

The High Court has handed down a decision that could have major implications for owners or developers of garden square properties.

Tricksy times ahead for the prime property market, notes Chestertons, but there's still life in the long-term fortunes...

The European Central Bank's decision last month to make some more money could swing both ways for Britain's residential property market, says Chestertons' Nick Barnes.

Another significant resi development has been given the go-ahead near Smithfield market in Farringdon.

It's not nosey. Just interesting to see the kind of stuff that's being applied for at the moment...

...an average of 2.2% more than last year, according to private client brokers Castleacre.

A grand total of 693 properties were sold in prime central London during Q4 2014, according to Strutt & Parker and Lonres. That's 32.5% down on the same period in 2013.

The RICS has confirmed what everyone else is seeing, reporting that the national and London markets are cooling right down with prices, enquiries and sales all tailing off in January.

"House price growth in England and Wales over 2014 was most definitely a London and southern based phenomenon," says Hamptons as it identifies the best-performing postcodes for property prices growth…

In its first update since the launch of challenger portal OnTheMarket.com, Zoopla has reported a year-on-year drop of 11% in the number of branches advertising stock on its platform.

Strutt & Parker has been making some interesting observations on PCL's new-build sales market.

The number of £1m+ sales has shot up by 80% in London since 2006/7, helping the quantity of seven-figure deals across the country to probably breach its 2007 peak for the first time in 2014, notes Savills.