Format: News
National average house price increased by 11.8% in the year to September – UK HPI
London's average property price dropped by a sharp 2.9% in September, according to the latest official statistics, taking annual growth in the capital down to +2.8% (from +6.7% in August)
South coast estate agency opens vast 6,000 sq ft ‘property showroom’
Charters has turned a former Land Rover showroom in Southampton into a flagship estate agency office.
Nine Elms developer looks to boost office space, amid reports of slow resi sales
“Nine Elms Square was originally envisaged as a mainly residential scheme, but we’ve altered that, particularly in the second phase,” says R&F's Development Director.
Deal sealed on £12.5m Chelsea townhouse
Double-fronted affair on Chelsea Park Gardens received 40 viewings and two offers after being launched onto the market in mid-September.
Agency sells £60m of new-build units in a week
Knight Frank reports a ‘superb run’ of 57 deals across schemes in central and outer London as buyers hone in on completed stock.
Most estate agents think the industry will be fully paperless by 2025
56% of estate agencies agree that the last year has been "difficult" for company finances, and 61% flagged staffing issues.
Chelsea flat receives over 200 bids at auction
Guided at £300k, the two-bed on Chelsea Manor Street ended up going for £800k
Airbnb is taking a larger share of the long-term rental market
"Living and working remotely will transcend the pandemic," declares Airbnb as it ramps up its share of the long-term rental market.
Independent London estate agency launches dedicated prime division
James Pendleton's new Prime Pendleton division is targeting the £2m+ sector with a "premium marketing service for high value and exclusive residential properties."
‘Acute’ tenant demand pushes rents up at fastest pace in 13 years
“The swing back of demand into city centres, including London, has underpinned another rise in rents in Q3, especially as the supply of rental property remains tight," says Gráinne Gilmore, Head of…
Macklowe art collection on course to smash global records
A set of masterpieces owned by the real estate tycoon Harry Macklowe and his ex-wife Linda netted a huge $676m in New York last night.
Million Dollar Listing brokerage pushes into Spain
Nest Seekers International has set up an outpost in Marbella, with a plan to expand across Spain.