Format: News
Compare the Markets: Global luxury property prices benchmarked
What's the price of luxury? Well it depends where you're buying, says Christie's International Real Estate, which has worked out what the entry prices are in ten prime destinations around the world.
How have global tax changes affected luxury property markets?
'Certain taxes were more effective than others towards their intended purpose in curbing prices,' says Christies International Real Estate in a survey of global property tax changes last year.
Bids rise as supply tightens for sixth month in a row
The number of properties per estate agency branch has dropped for the sixth consecutive month to tickle a ten-year low, according to the NAEA.
£10m Victorian period piece comes to the market in Kensington
One of the last vestiges of high Victoriana in Kensington has just hit the market for a cool £10m.
PCL v Prime Country: Price gap ‘close to the widest it has ever been’
"The differential between prime central London and prime country houses is close to the widest it has ever been", says Knight Frank in its latest market briefing, but there's something of a resurgence…
Grandest Designs: The build-your-own stately homes
The English countryside could be about to see two new mansions "of national importance" arise from its green folds, so long as someone finds the time and money to actually build them.
Windlesham House
Gross mortgage lending jumps 37% as market confidence ‘runs high’
Around £15.4bn-worth of mortgages were dished out in March, according to the Council of Mortgage Lenders, taking Q1's haul to £46.3bn.
That £15.4bn is 33% higher than last March's £11.
National market back on track as transactions build but don’t boom
The national housing market is 'showing signs of strengthening' says CBRE, as transaction levels maintain 2013's strength (last year saw 1.1 million deals go through;
If a property was worth £1m in 2007…
By Savills' reckoning, values in the inner commuter zone are now at least back to their 2007 peak, and those in the outer commuter zones aren't far off.
Letting redress schemes get compulsory
The Housing Minister Kris Hopkins has decreed that all letting and property management agents will be required to join an approved redress scheme later this year.
Grainger moves into prime SW3 with 61-house portfolio deal
Grainger plc, Britain's biggest listed residential property owner/manager, has bought a 61-house portfolio in Chelsea for £160m.
Ovington St, SW3
Largest of Scotland’s Summer Isles comes up for sale
One of the finest private islands in the UK has just come up for sale, with a price tag of nearly £2m.