Format: News
Housing Secretary eyes seizure of UK property owned by sanctioned Russians
“Freezing assets is not enough”, says a DLUHC insider, as Michael Gove reportedly considers steps to seize Putin-linked homes in the UK without compensation.
Knight Frank expands super-prime lettings offering in the Home Counties
New department head Jamie-Leigh Harvey has achieved record prices on a number of flagship rentals across the region
Wales puts the squeeze on second home owners
Council tax bills to soar by up to 300% under new rules coming in next April
Property agents urged to check latest sanctions list
The property industry has an important duty to help make anti-war sanctions work.
Relative Values: How much luxury property does $1mn buy around the world?
Monaco, Hong Kong and London are the world's most expensive luxury property enclaves per square metre, reports Knight Frank.
International prime property prices surged in 2021 as ‘luxury homes became the asset class of choice for UHNWIs’
Knight Frank's Prime International Residential Index posted its biggest ever year in 2021, with luxury property prices around the world rising by an average of 8.4%.
Foxtons confirms first profit in five years; opts to keep mortgage arm Alexander Hall
London estate agency Foxtons made an £8.9mn operating profit in 2021 - up from £1.9mn in 2020, and from a £700k loss in 2019.
‘It seems everyone is after the same thing’: UK families hone in on Earl’s Court & South Ken
Savills has reported some interesting goings-on in the key west London markets of Earl's Court and South Ken, as “seriously committed” domestic buyers put down roots in the capital.
Abramovich selling off London homes, claims MP
Chris Bryant told parliament the Russian billionaire was 'terrified of being sanctioned'
Savills announces huge raft of promotions
48 UK resi agency staff move upwards, including ten to director level
BoE considers withdrawal of mortgage affordability test, as rates set to rise
“Letting people borrow more money looks like a risky move at a time when house prices are sky high and the outlook is uncertain," comments one analyst as the Bank of England opens a consultation on loosening…
Knight Frank recruits Goldschmidt & Howland director to lead St John’s Wood sales team
Neir Gigi takes the reins from James Simpson, who is retiring after 20 years with the agency