Format: News
Balance of power shifts to tenants as supply of prime rental stock shoots up
After a significant shift in supply levels, the pendulum of power in London's prime lettings market appears to have swung away from the capital's landlords, according to Chesterton Humberts' latest findings.
World’s wealthy set to grow by 50% in the next decade as “appetite for risk” returns
The global stock of high net worth individuals (HNWIs) grew by 8,700 (5%) last year, and is expected to increase by 50% over the next 10 years, according to Knight Frank's magnificent seventh Wealth Report.
Lettings ads must now show all compulsory fees
The Advertising Standards Authority (ASA) has decreed that lettings agents must include details of all compulsory fees in their property advertising.
Dark Art: New 245k Rolls Royce Wraith launches
Power, drama and "a hint of the noir"... no, not the canteen at the House of Commons, but the new £245,000 Rolls Royce Wraith - the most exciting Rolls Royce since...well...the last one.
Central London development market booms as sales rocket 50% in a year
Heightened activity in last year's Central London development market has propelled sales and construction to hit some heady post-crisis peaks, according to Jones Lang LaSalle, with further strong performance…
Wandsworth to lose lowest council tax bragging rights…to Westminster
Dinner party guests and estate agents throughout Wandsworth will have to reassess their patter tonight, as Westminster looks set to pinch the borough's coveted title of "lowest council tax in the country".
London: Luxury homes capital of the world
London is the luxury homes capital of the world, and the global prime property market is more similar to the fine art market than to the mainstream property market, according to a new report from Christies…
HMRC goes after second home sellers
The Revenue is launching a campaign today to mop-up unpaid capital gains tax from second homes.
Boris launches database of development opps; Invites developers to “bombard” him with great ideas
London Mayor Boris Johnson has announced the launch of a "GLA Land Assets Database" today, in a bid for greater amounts of public land to be released for development.
Chelsea Antiques Fair 2013
With a fine pedigree dating all the way back to 1950, the Chelsea Antiques Fair will be rolling into town for its annual stint on the Kings Road next week.
Energy bills. What energy bills?
The developers of a new eco village in Devon are promising Britain's first "zero bills" scheme.
Branching Out: Five more offices for Foxtons
Foxtons has announced plans to open five new offices in London over the next few months.