Format: News
Royal Brompton Rejig: Architects appointed to draw up plans and “tempt developers”
Paul Davis & Partners has bagged the brief to draw up plans for the epic swathe of Chelsea soon to be offloaded by the Royal Brompton and Harefield NHS Trust.
Price Cuts Cut: Volume and level of asking price reductions drop
The number of properties with reduced asking prices has fallen "significantly" over the last couple of years, says Zoopla, from 40% in November 2011 to 31% this month.
Transaction levels hit 5 year high as supply and demand diverge
Resi transactions "saw a big jump" last month, according to the RICS, with the average Chartered Surveyor selling an average of 20.
£10m for the perfect Devon village?
...UPDATE (22nd May 2014): Looks like the asking price is going to be in the £11-11.5m range...
Green light for St Giles Circus
Seventeen years after shelling out £20m for it, developer Laurence Kirschel has finally been given permission to transform his acre of the West End.
“Risk of over supply” of London prime property – Savills
There's a "risk of over supply" of new prime property in London, despite the need for 50,000 new homes in the capital's lower-end market, says Savills.
Global luxury property prices stall
It's time to go macro for a bit. Knight Frank has taken its quarterly check-up of 27 prime markets around the globe and reckons price growth has started to stall.
Here's the key findings:
Autumn Statement date set for 5th December
We all know that Christmas gets earlier every year, but that Autumn happens in December is news to us;
Forecast Watch 2014: PCL +3.5%; UK +4.4% – Strutt & Parker
Next year's looking alright for the prime property market, thinks Strutt & Parker, but then it all goes a bit sorry. This year's +6% price performance in PCL will be followed by a 3.
Resi construction credit crunch “far from over” as lending shrinks 10% in five months
Lending for residential property construction has dropped by 42% over the last three years, and by 10% since Help to Buy launched in April, according to law firm EMW.
Land Reg trials ownership data on a map
The Land Registry is trialling a mapping interface for its data with Landmark Information Group.
Octopus buys Dragonfly
Jonathan Samuel's short-term lending business Dragonfly Property Finance has been bought-up by Octopus Capital Ltd, the holding company of Octopus Investments Ltd, for an undisclosed amount.