Format: News
PCL market to avoid price falls in 2024 & see five-year growth of 18.7% – Savills
Prime Central London is a ‘buy', says agency, as latest predictions show UK's high-end markets bottoming out next year and recovering more quickly than the mainstream.
Property Industry Reactions: King’s Speech confirms leasehold reform agenda
King Charles confirms a Leasehold & Freehold Bill will go before Parliament, with a view to banning leaseholds for new houses, and increases the standard lease extension period from 90 to 990 years.
Foxtons buys Ludlow Thompson for £10mn
Foxtons continues its business acquisition drive, picking up another well-known estate agency as it expands its lettings operation across London.
New conveyancing rules promise to ‘modernise’ property exchanges
The Law Society's new draft code of practice aims 'to remove the uncertainty around exchanging contracts for commercial and residential property by allowing [conveyancers] to use new technology to conduct…
‘Weak sentiment’ hits Prime London’s sales market
October's registrations, exchanges and viewings were at similar levels to those recorded just after the ill-fated mini-Budget in 2022.
£25mn Nine Elms development site changes hands
The Wilcox Road site has planning consent for 22 new homes.
MT Finance strikes new £500mn funding deal
Additional financing through JP Morgan sets up a further push into the UK's short-term finance market.
Knight Frank launches high-profile marketing drive
'High-quality print media remains an effective part of a 360-marketing strategy', says agency, as it unveils latest 'creative direction' and rolls out major new ad campaign.
In Pictures: Grade I Georgian gem in Mayfair up for £70mn
30 Curzon Street, until recently home to one of the world's best-known casinos, is seeking new owner: could a spectacular ultra-prime resi conversion be on the table?
US broker commission ruling could herald major shift for real estate agents
Multi-billion dollar antitrust trials could prompt seismic changes to America's real estate agency landscape.
Buyers swoop on trio of ‘sky lofts’ at One Park Drive
Herzog & de Meuron-designed scheme is proving one of the most successful resi new-build projects in London, says developer.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from JLL, Knight Frank, HMRC, Zoopla, LonRes & more...