Format: News
Demanding Times: Ten buyers chasing each property for sale – Countrywide
Demand is outstripping supply by a factor of ten, as an average of 9.7 buyers chased each property for sale in November, according to Countrywide.
That's up from 8.
Executive role for D&G’s Ed Mead
Douglas & Gordon's Ed Mead is taking on a new role as Executive Director of the agency.
Mead. D&G front man, FRICS, PrimeResi contributor
RICS launches new residential forum
RICS London is launching a residential forum to complement its existing Commercial Property Market Forum, and has made a couple of "important new leadership appointments" to make it all happen:
Empire Builders 1750-1950: The Brits Who Built the Modern World
Forming part of the "Brits Who Built the Modern World" season, this newish display at the V&A - the first part of a major exhibition organised by the Royal Institute of British Architects - is well worth…
Developing Market: 10% of Chelsea buyers are developers
International buyers accounted for 56.5% of Chelsea specialist Russell Simpson's sales last year, while nearly three quarters of new tenants were from overseas.
Wage Wars: Golden handshakes return as property firms hunt top talent
After a five-year absence, it sounds like the "golden hello" is making a comeback in the upper echelons of the property industry, as firms battle to sign key personnel.
London’s £5m+ market climbs 24%, but under-performs the rest of prime
London's £5m+ market broke all the records for volume and value in 2013, says Savills, but price growth at the top of the top-end was slower than the capital's prime market's average, and per square foot…
Strong finish for D&G as December activity spiked
December kicked right off in Douglas & Gordon's patch, with a 50% increase in the number of properties hitting the market, a 20% jump in new buyer registrations and a 40% hike in the number of offers received.
Northacre appointed on super-prime scheme by Buckingham Palace
Northacre has been confirmed as the development manager on the much-anticipated 1 Palace Street scheme, right next to Buckingham Palace.
Under the terms of an agreement with Palace Revive Ltd.
Savills launches interactive prime property price map
Savills has launched a new interactive property price map of the UK by pointing out that house prices rose, on average, by 7% in 2013.
£1.5bn of Section 106 cash “unspent”
A BBC investigation has claimed that £1.5 billion of Section 106 money remains "unspent" by English councils, with a whopping £421m yet to even be allocated to anything.
NAEA and ARLA to advertise for licensed agents
The National Association of Estate Agents and the Association of Residential Lettings Agents are launching TV advertising campaigns to promote the importance of choosing a licensed sales or lettings agent.