Format: News
The myth of London’s foreign buyers
49% of all £1m+ property sales in prime central London went to foreign-by-nationality buyers in the 12 months to June 2013; only 28% went to non-resident buyers, though, according to a new report by Knight …
The Value of Cash Buyers: A third of property deals now mortgage-free
The proportion, if not the number, of cash property buyers is on the rise, according to a new report from Hamptons. Just over 25% of deals were for cash in 2007; 33% over the past 12 months
House sales hit four-year high – RICS
The average number of homes sold per chartered surveyor has reached its highest level since November 2009, according to the latest RICS Residential Market Survey.
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Savills’ top 12 big ticket resi development lenders
Lending for resi developments is on the up, according to a new survey from Savills. which identifies the top 12 big sum (£10m+) lenders.
New global luxury hotel and residences brand launches
GLH, the London-based hotel subsidiary of the Singapore-listed GuocoLeisure Group, has just launched a fairly ambitious new global luxury hotel and private residences brand in London, Singapore and Kuala…
Property portals limber up
It's all going on at the various property portals: As Agents' Mutual confirms it's launch plans for next year, Countrywide Plc has signed a five year deal with Rightmove, and Zoopla has climbed into bed…
Prisk loses housing gig in cabinet reshuffle; Hopkins takes over
Mark Prisk, the former Housing Minister, has been "Been asked to step aside from Housing for a younger generation" as part of today's (7th October 2013) cabinet reshuffle
Camden to offload £223m resi portfolio
It sounds like Camden Council is looking for some help in selling off a whopping £223m portfolio of resi assets.
Devonshire House, One Mayfair Place up for sale
Devonshire House, One Mayfair Place - a 175,000 sq ft office block on Piccadilly - has been put on the market for £400m++ with Strutt & Parker and H2SO.
Aviva moves out of London prime
Aviva Investors is moving away from prime London property investments, with the firm's Property Trust manager Philip Nell arguing that overseas money "has pushed prices to ridiculous levels in our view
Scottish prime prices on the rise for first time in three years
The top-end of Scotland's country house market is on the up for the first time in over three years, according to the latest from Knight Frank, with interest, activity and prices increasing year-on-year…
£5.25m One Hyde Park resale snapped up after bidding frenzy
Only the second apartment to be resold in Candy & Candy's One Hyde Park development - a 988 square foot, one-bedroom unit priced at £5.