Format: News
LA to implement ‘mansion tax’ of up to 5.5%
58% of Los Angeles residents voted for a new levy on property transactions above $5mn.
Global agent survey reveals top buyer trends to watch
Savills agents around the world report on the impact of shifting sentiment in their markets, and the properties and features most in-demand post-pandemic...
Real estate markets will see ‘green shoots of recovery’ by the end of 2023, predicts CBRE
'The clouds will begin to break later in the year,' says CBRE's research chief, Jennet Siebrits.
House prices fall as the property market continues to slow – RICS
'The downturn in the housing market this time could be shallower compared with past experiences,' says Simon Rubinsohn, Chief Economist at the Royal Institute of Chartered Surveyors.
Home-buyers pick longer mortgage terms
Over a quarter of home-mover mortgages secured in Q3 were for terms of more than 30 years, up from fewer than one in ten a decade ago.
PCL estate agency launches interior styling department
Chelsea-based Draker Lettings has recruited interiors consultant Anders Olsson to head up the new service, aimed at helping landlords 'outshine the competition'
Speedy sell-out at new Mount Anvil scheme
Developer follows up the success of its Chelsea Botanica scheme earlier this year with another impressive launch in Canary Wharf.
PCL buying agency toasts £100mn year; predicts ‘flight to quality’ in 2023
A £29.5mn country estate in Surrey and an £8.75mn apartment in Mayfair were among the properties snapped up by Black Brick's clients in 2022.
Deal sealed on £16mn project in Primrose Hill
Unmod lateral pile on Elworthy Road has the potential to become one of the finest houses in the area, say agents.
Galliard boss moves to Inland Homes
Donagh O'Sullivan left Galliard Homes earlier this year, after more than two decades with the privately-owned housebuilder.
Developer turns super-prime Mayfair development site into festive charity pop-up
Henigman and the Pollen Estate have opened a high-fashion pop-up store at the old Mayfair Police Station, raising money for homelessness charity Crisis.
New promotions at Battersea Power Station
Kate Boothman Meier is now in charge of all marketing and comms activities across the £9bn project, while Sam Cotton steps up as head of asset management.