Format: News
Ranked: 2021’s housing hotspots, where property prices have climbed up to 31% in a year
Mountain Ash in Wales tops a list of 2021's market hotspots; the average asking price here has rocketed by nearly a third in the last year, according to Rightmove.
House prices have risen more in the last year than in 2019 and 2020 combined
All UK regions except London and Scotland have seen average property values rise by more than in 2019 and 2020 combined in 2021, says Zoopla - and four regions have seen prices jump by more than in the…
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
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.