Format: News
Global house prices rise at their fastest rate since 2006
Knight Frank's Global House Price Index tells of a 7.3% average increase across 56 tracked countries in the year to Q1 2021.
Middle Eastern buyers returning to UK market
Buyers from the region accounted for 16% of all UK sales to overseas purchasers in the first three months of the year, compared to less than 10% in the previous two quarters.
Foxtons to expand beyond London
Earlier this week, an influential investor declared that "Foxtons has lost its way.
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
South Ken station development plans delayed
Development partners TfL and Native Land want to make "some further refinements to the designs" for their high-profile South Kensington Station scheme.
1.7 million homes unable to improve energy efficiency to C rating, warns Rightmove
59% of homes across England and Wales are rated D, E, F or G on Energy Performance Certificates;
TfL looks to housing to fill funding gap
Transport for London is setting up a "dedicated commercial property company" to come up with a plan for housing developments at its sites, as the organisation looks to generate up to £1 billion in additional…
Redrow launches southern division
Former Taylor Wimpey director Rod Martin has been brought in to establish a new Surrey and Sussex division for the housebuilder.
Treasury Committee rules out permanent Stamp Duty cut
"Any permanent cut or removal of SDLT would be likely to have a significant cost to the Exchequer," concludes HM Treasury.
Opes brings in new sales director to lead resi push
Knightsbridge-based mortgage brokerage has completed £14m worth of PCL loans in the last week.
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
Cautious buyers risk being caught out by PCL recovery, warns Mayfair agency
Black Brick highlights dilemma facing those hoping for the ‘quality gap’ to converge.