Format: News

German behemoth Engel & Völkers has announced a plan to hire 2,000 new real estate agents in a giant global recruitment drive.

The Green Party has offered up one of the property industry's most-demanded policy changes: a cut to VAT on housing repairs and renovations.

The Crown Estate has appointed a new Deputy Head of Urban & Head of Central London.

One of the most controversial projects in the capital - the proposed transformation of a massive Royal Mail site in Clerkenwell - has bagged final approval.

A local Waitrose adds 12% to neighbouring house prices, claims Lloyds, while a handy Sainsbury's is worth an extra 10%. Lidl and Aldi, on the other hand, apparently push prices down by 2% and 3% respectively.

An unnamed Chinese buyer has shelled out $70m for an apartment at the Sherry Netherland building in New York. It's thought to be the highest price paid in the city so far this year.

"There has been a sharp rise in estate agents bringing their mistresses to show houses, both for fantasy house shopping and bedroom rendezvous," reports a naughty website, flagging up one Bishops Avenue…

Prime country house prices increased by 0.9% between January and March, says Knight Frank, taking the rate of annual price growth down from December's +3.4% to a more modest +2.

London Central Portfolio has hired a new property search manager to track down "the best on and off-market properties" in prime central London.

The world’s biggest peer-to-peer mortgage platform, LendInvest, has announced a "strategic alliance" Plentific.com, a property portal aimed at the renovation/investment/development market.

Short term lender West One Loans has reported a pretty big start to the year.

Harrods Estates will be throwing open the doors to its new Kensington base at the end of the month.