Format: News
Where in PCL are buyers bagging the biggest discounts?
New research claims homes in the most expensive postcode in the capital, W1K, have been selling at an average of 20% below asking.
Global luxury property market set for a ‘banner year’ as demand outstrips supply
Nearly one in five (19%) affluent households around the world are looking to buy but not sell a property in the next three years, according to new research by Luxury Portfolio International, while only…
Ebury Bridge Estate plans approved
Plans to redevelop one of Westminster's oldest council estates have been approved, paving the way for 781 new homes in Belgravia.
House prices continue to climb, but London still lags
The average UK house price increased by 8.6% over the year to February 2021, up from 8.0% in January.
Developer picks up a second period gem on Palace Court
A couple of months after acquiring No.32 for a boutique apartment scheme, Euroterra Capital has added No.47 to its portfolio with similar plans.
Majority of leaseholders think service charges are ‘unfair’
Nearly three-quarters of recent leasehold buyers think service charges are "unfair", according to some new research, while nearly all (96%) would like more transparency over how charges are spent.
Surrey named Britain’s leafiest location
Surrey has a higher percentage of tree coverage than any other part of the country, according to some surprising new analysis.
Top investment analyst downgrades Purplebricks
“Longer-term, we have become more cautious on Purplebricks’ ability to win material market share,” says UBS.
Prime London’s tenants are getting younger
Under-30s accounted for nearly 90% of the tenancies signed in Q1, reports LCP - up by almost a quarter on last year.
Bumper start to the year for Savills’ auction team
The agency noted a massive increase in telephone bidders at its latest sale, which raised £40m.
What ‘material information’ should be legally required on property listings?
"Consumers want more information", says National Trading Standards's Estate and Letting Agency team, as it launches a survey to find out what property agents think should be essential on all portal listings.
Westminster tipped to outperform PCL forecasts
JLL expects the capital's most iconic borough will benefit from a renewed appetite for city living in the wake of the pandemic.