Format: News
‘London exodus continues’ as a record proportion of first-time buyers leave the capital in search of a home
"One of the biggest Covid-related housing market trends - moving out of London for the country - could be here to stay," suggests Hamptons.
Mortgage approvals drop as higher interest rates start to bite
The number of home-buyer mortgage approvals has fallen below the pre-pandemic average, according to the Bank of England. “Higher interest rates are starting to bite," says Savills.
Christian Candy reportedly sells Surrey mansion for £125mn
Reports suggest a Middle Eastern buyer has picked up the 80 Holland Park developer's "Candyland" estate near Egham.
Studio Indigo adds to management team
Luxury design specialist Olga Fox has joined the Chelsea-based practice from Millier.
Rightmove revenues jump despite traffic falling back
Estate agents are spending more than ever promoting property listings on Rightmove - despite house-hunters spending less time browsing the portal.
Super-prime buyers return to London’s golden postcodes in ‘stellar’ year
PCL heartlands including Chelsea, Belgravia, Kensington, Mayfair & Knightsbridge have accounted for half of all high-end sales in 2022 so far.
PCL flats return to favour as location ‘re-emerges as a key determinant’
The window of opportunity for investors is closing, says LCP.
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Trendwatch: US buyers go bargain hunting in Europe
Knight Frank reports on the current surge of American interest in European property markets.
Cadogan teams up with Museum of Architecture to launch a nature-inspired art trail in Chelsea
Five architecture teams have designed 20 "micro-home" art installations that showcase biomimicry, as part of Cadogan's "Nature's Architects" event in Chelsea.
Planning Inspectorate boss quits
Sarah Richards will step down as Chief Executive of the Planning Inspectorate - which runs top-level planning decisions in England - later this year.
Electricity grid capacity could thwart housebuilding in West London ‘until 2035’
Property developers in three London boroughs have been warned large resi schemes may be put on hold for ten years or more...