Format: News
Savills auctions off over £450mn of property in record year
2022's total was up by 29% - and nearly £100mn - on 2021.
New metric aims to put a number on tenants’ wellbeing
LifeProven's 'Real Estate Wellbeing Metric' promises to allow property developers and build-to-rent operators to 'better understand the correlation between design and wellbeing, and, in turn, maximise…
The five most-viewed homes on Rightmove in 2022
A £5mn country house in Wiltshire was the most-viewed property listing on Rightmove in 2022.
Vendors lose confidence as market ‘rebalances’
Listings are also taking longer to sell, reports OnTheMarket - but latest data 'pointing to a rebalancing, rather than a severe correction'
BoE bumps interest rates up again, to 3.5%
Interest rates continue to climb as the BoE attempts to bring CPI inflation down.
£19mn penthouse snapped up in £50mn sales flurry at flagship Northacre scheme
Marquee Elicyon-designed apartment sells in under a week as HNW buyers shrug off wider economic woes.
Major agency predicts ‘exceptional’ year ahead for PCL
Carter Jonas thinks Mayfair, Marylebone, Kensington and Chelsea will outperform all London markets in 2023 as more cash buyers flock from overseas.
Savvy buyers snap up ‘Christmas bargains’ as competition drops by a third
'The sales market is firmly back in the hands of buyers,' says Propertymark.
Global real estate markets slow as interest rates climb
'Real estate returns have slowed, and transaction activity has fallen as some deals agreed at prices prior to the slowdown have been aborted,' says UBS.
Ellmer picked for ‘Other House’ project in Covent Garden
High-end construction firm joins Falconer Chester Hall & Bergman Design House on the teamsheet for The Other House Covent Garden.
RICS updates flooding guidance for home-owners in the face of rising extreme weather risks
'This timely guide will help homeowners prepare as best they can for extreme weather events, which unfortunately are becoming more common and severe due to climate change,' says surveyor Philip Wilbourn.
Savills names new head of country house team
Phillippa Dalby-Welsh will be taking over from Lindsay Cuthill, who is leaving the agency after 32 years.