Format: News
Living the Dream: “Lifestyle purchasers” return to rural market
2013 has been an "interesting" year in the market for farms and land, according to Chesterton Humberts (or "up and down" in other words).
Aggressive expansion sees Countrywide buy two lettings businesses every month in 2013
This is buy-to-let on an industrial scale. Britain's biggest property services group, Countrywide plc, has acquired 28 lettings business throughout 2013, spending £23.
The Great Divide: House price schism “unbalancing the economy”
Despite pretty universal forecasting that the regions are now playing catch-up with London's runaway property values, "The Great House Price Divide" is bigger than ever and threatens the stability of the…
Resi conversion plans go in for West Brompton skyscraper
Towering over West London, 1960s landmark The Empress State Building could be about to undergo an office-to-resi conversion.
2014’s ten biggest sales will be… mostly in London and New York
"No-one is surprised" that the six of the ten most expensive homes on the market right now are in London and New York (three a-piece), with nine out of ten sitting in either the UK or the US, according…
Savills’ Development Director joins Candy & Candy
Savills Director of National Development, Simon Stone, has jumped ship to Candy & Candy.
Money Where Your House Is: British property millionaires up by a third in 2013
The number of £1m+ homes in the UK increased by 31% to 92,985 this year; that's 255 new property millionaires a day, according to Zoopla. 1.
Northacre buys up Minerva’s stake in The Lancasters
As we reported at the beginning of the month, developer Northacre has been in talks to acquire JV partner Minerva's stake in acclaimed W2 scheme The Lancasters.
The Lancasters
Mansion Block: Mayfair mansion house sales stall as apartment interest rises
Mayfair resi sales are 25% up on last year, but are still 75% below their 2007 boom-time peak, according to the area's top estate agent Wetherell's (with a 25% market share according to Lonres) review…
What does £10m get you in the best bits of London these days?
According to Beauchamp Estates and Dataloft, the average price paid per square foot for London properties over the £10m mark has increased by a chunky 27% since 2011, rising from £2,400 per square foot…
2014 is “the year to move”: Asking prices to rise by 6-8%; transactions by 10% – Rightmove
Rightmove is predicting that asking prices will rise by somewhere between 6% and 8% next year, as stock shortages continue to plague the market.
Classy-fied Advertising: £10.5m penthouse goes on Gumtree
Rummaging around the vintage bikes and "brand new" headphones on bric-a-brac behemoth Gumtree.com, bargain hunters may have been surprised to see a super-prime penthouse lurking in last week's listings.