Format: News
New shortage of property for sale looms, warns London estate agency, as market appraisals drop by a third
Buyer demand remains strong in London, reports Chestertons - but the estate agency carried out 34% fewer market appraisals in October than in September...
Property market moves towards ‘a lower activity environment’
Residential transaction volumes are likely to drop to under three-quarters of pre-pandemic levels in 2023, suggests Savills, and not recover until 2025.
Build-to-rent sector ‘could be in for a record year’
Build-to-rent volumes have jumped 10%, says Knight Frank, confirming that the sector is 'a robust asset class that outperforms in periods of economic uncertainty.'
‘Piece of cinematic history’ hits the market in Notting Hill
PCL agency lists apartment above the world's most famous bookshop at £2.375mn.
Grand Mayfair refurb promises to be ‘the benchmark for super-prime rental’
REDD has secured planning consent for another Mayfair development, bringing in MSMR and 1508 to design a 'Parisian style' luxury rental scheme near Berkeley Square.
SDLT receipts rocket as nil-rate threshold doubles
Stamp Duty revenue leapt to a record high in Q3, but the property market is now cooling from its pandemic boom.
Evergrande’s Versailles-like Hong Kong project sold at ‘a big loss’
It's being reported that receivers have sold an ultra-prime building plot near Shenzhen on behalf of Chinese housebuilding behemoth Evergrande.
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 Knight Frank, JLL, Credit Suisse, Savills, London House & more…
Boodle Hatfield names new senior partner
Andrea Zavos wil be taking over from Sara Maccallum, who is due to retire in 2023 after 20 years at the firm.
Another agency cuts house price forecasts
Strutt & Parker has revised down its 2022 and 2023 house price forecasts as borrowing costs rise.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
‘Radical shake up’ at Rapleys sees senior people moves & a new focus on residential
National property consultancy Rapleys has rebranded and repositioned itself, with resi at the core of the business.