Format: News
Wilton Crescent refurb project bags £17.5m loan from CapitalRise
Super-prime townhouse renovation project in Belgravia has been valued in its current state at £27m.
Deal done on £35m Mayfair trophy
38 Hill Street, better known as The Naval Club, could potentially be worth up to £100m as a private residence
Construction supply issues are worsening, warn architects, ‘making sustainable design more difficult’
"Shortages of [construction] materials remain significant and inflation is gathering pace", according to the latest update from the RIBA.
Cash buyers have been out in force this year
Jackson-Stops reports a 12% year-on-year increase in the number of all-cash purchases across England, with volumes also outstripping pre-pandemic levels
Savills ends 2021 on a high with record December auction
High-value lots ranged from chunky family houses in west London to development sites in the east
London market ‘showing no signs of a seasonal slowdown’
Buyer numbers were still rising last month, reports Chestertons, but bagging a bargain is becoming increasingly hard as vendors toughen up on price
Bidwells names new Senior Partner
Bidwells' Head of Building Consultancy, Nick Pettit, will take over as Senior Partner in January.
BoE nudges interest rates up to 0.25%
"The rise has been a long time coming, and with inflation now at decade high levels, there really is little alternative," comments Strutt & Parker, while Knight Frank Finance says "it’s clear that the…
Warwick Investments builds PCL rental presence with off-market Mayfair mansion acquisition
Warwick Investment Group - run in the UK by former CPC exec Andrew Chrysostomou - is building an impressive portfolio of prime rental properties in Mayfair and Belgravia.
BTR investment to soar by 65% next year – CBRE
A growing economy and a strengthening of the labour market will provide a positive backdrop for UK real estate in 2022, says the global agency in its latest set of cross-sector forecasts
Ranked: Britain’s top buyers’ & sellers’ markets of 2021
Rightmove has identified which areas have the highest and lowest proportion of property sales listings that have already found a buyer.
Building Regs updated to cut carbon emissions
Revised Building Regulations mandate that new homes must cut emissions by nearly a third from June 2022.