Format: News
London’s lettings market awakens, sort of
Tenants across London & the Home Counties are making plans for life after lockdown, reports Knight Frank, although more are opting to go with the status quo.
UK headed for ‘historic’ decline in housing delivery
Total private housing delivery in 2020 will end up lower than in the years following the global financial crisis, warns Knight Frank as the agency calls on the Government to intervene...
OnTheMarket touts share give-away for new contracts
"This is a defining moment for agents as they make their short-term and longer-term portal choices," says property portal boss.
Banks limit lending on high-end homes
'Using an automated valuation and a bit of Google Street View is considered too legally risky for the more expensive properties', says one lender
Deutsche Bank predicts a 20% slump for UK house prices
Everyone agrees that transaction volumes will plunge, but opinions are divided over the impact of the Coronavirus on property values...
Housebuilders begin to re-open construction sites; Government urges more
Taylor Wimpey, Vistry, Persimmon, Mace and Sir Robert McAlpine are all getting back to work - but Crest Nicholson and Redrow are maintaining Coronavirus closures.
£7.5m penthouse tucked away on Ennismore Gardens
Rare £5m-plus deal goes through in locked-down PCL
Keller Williams recruits 200th UK agent
Franchised property brokerage has ambitions to become the UK's biggest estate agency, says Russell Quirk.
UK property sector ‘centuries behind the US’, says ambitious London firm
Fitzrovia-based Montague Property is looking to make inroads into LA's luxury real estate market
Borrower secures £7.5m to refurb Belgravia mega-mansion
Property lender Century Capital overcomes market challenges to complete three chunky financing deals, involving a £30m renovation project in Belgravia, a £40m resi scheme in Kings Cross, and a £2m Chelsea…
Significant wealth tax hikes ‘should now be very firmly on the UK policy agenda’
"Low-hanging" wealth & property taxes could rise to cover Covid-19 costs, suggests a political economist Professor Richard Murphy.
Lettings market still moving says major London agency
Chestertons has agreed nearly 200 new tenancies and brought over 800 properties to market since the lockdown began