Format: News
Developers cater for Asian influx
With Asian buyers reportedly accounting for 60 pc of new build properties purchased in Central London in 2011, developers are increasingly tailoring projects to appeal to their top demographic
House Price Index shows overall increase, driven by 7.2 pc rise in London
UK house prices increased by 2.3 per cent in the 12 months to May 2012, continuing the pattern seen since early 2010. This rise was driven by a 7.
Reduced Inheritance Tax rate for philanthropists
From 6 April 2012, people who leave at least 10 per cent of their net estate to charity may be able to pay a reduced rate of Inheritance Tax of 36 per cent
Twice as many new vendors as successful buyers
Vendors cut asking prices by 1.7% in the last month as new sellers outnumbered successful buyers by two to one, according to Rightmove's July Property Index
Early summer slowdown dampens prime London property growth
The prime London property market is grinding to a halt as the Olympics approach, according to Cluttons' latest "London View" report
Sharp decline in applications for property-related university courses
There has been significant declines in the number of applications for university architecture, building and planning courses, according to figures published by the Universities and Colleges Admissions…
Luchford APM gets nod for St James’ Riverlight development
St James, Berkeley Group's luxury arm, has reportedly hired creative agency Luchford APM to launch its new Riverlight development on the South Bank
St George’s Hill the big winner at What House? Awards: Best Luxury House
The top two new homes in the "Best Luxury House" category at the What House? Awards are both in St George's Hill, Weybridge, with Octagon Bespoke and Consero winning Gold and Silver for their respective…
RICS pour cold water on Government flood-risk proposals
The Government's latest proposals to mitigate the effect of flooding on homeowners has not gone down well with surveyors
HS2: property compensation decisions pushed back to September
The Secretary of State for Transport, Justine Greening, has announced that no decisions will be made on any compensation due to owners of properties affected by the HS2 scheme from London to Birmingham…
The 5% Campaign: Heritage Tax protesters battle on
The Government missed a "golden opportunity" to create jobs and stimulate the economy when it decided to start charging VAT on repair works to listed buildings, claim RICS
Family homes and commuter belts performing well: Hamptons
Family homes in London's commuter belt and the PCL market were the biggest performers in Q1, according to Hamptons International's newly launched Property Price Tracker Index