Format: News
London Mayor knocks back Stag Brewery development
"The public benefits offered would not clearly outweigh the harm," said Sadiq Khan as he rejected Reselton's proposal to create 1,250 new homes on the former Budweiser brewery site in West London.
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
Is a property really worth what somebody else is prepared to pay for it?
A £2m down-valuation? Don’t bet against it…
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
£21.95m mansion sells in Mayfair’s biggest house deal since 2019
Sale of ‘significant’ freehold townhouse on Farm Street is a positive sign for the market, say agents.
Foxtons posts ‘best first half results since 2016’ as sales revenue rockets
Foxtons Group revenue climbed to £66.9m in the first six months of this year, 66% up against 2020 and 29% up against 2019. Sales revenue has surged by 86% compared to 2019's level.
‘Cities are springing back to life’: Super-prime property sales surge around the world
"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.
Carter Jonas recruits new Holland Park head
Polly Wattridge has joined Carter Jonas as Head of Residential in Holland Park, after three years with Featherstone Leigh.
Foxtons reports record tenant numbers; predicts future rental hotspots
Highest number of new applicants on record has coincided with a big fall in new instructions.
Competitive bidding pushes Scottish property prices up
“It’s been an extraordinary period and I’ve never experienced anything like it," says Tom Stewart-Moore, head of Knight Frank’s rural business in Scotland.
UK real estate sector ‘continuing to struggle’ despite booming housing market
Nearly 80,ooo firms were classified as being in significant financial distress in Q2.
Letting agents report ‘all-time high’ for tenant demand
Letting agents reported a record number of new prospective tenants per branch in June, according to Propertymark.