Format: News
South Ken property raffle falls flat
A £2m apartment opposite the Science Museum sold just £227,500-worth of raffle tickets; a winning ticket-holder has been given £53,500 instead of the two-bedroom property
Developer launches £165m ‘eco-chic’ tower in Dubai to London buyers
Sobha's 24-storey One Park Avenue in Sobha Hartland has been designed by in-house architecture and interiors teams
Online firms lose ground to high street agents
The UK's top ten online players accounted for less than 4% of all new properties listed in the last fortnight, notes The Advisory
Grand Registry: Surveying last month’s biggest registered deals
Notable sales were recorded by the Land Registry at Holland Park Villas, One Blackfriars and in Regent's Park in May, while the total number of registrations rose significantly on the previous month
Boris plots emergency Budget to ‘slash stamp duty’
Controversial Prime Ministerial hopeful Boris Johnson would instigate 'aggressive tax cuts, an overhaul of stamp duty and an assault on regulation' in a bid to mitigate effects of a no-deal Brexit, reports…
£1m+ property sales stall after a decade of growth
Just 1% more £1m+ homes were sold in 2018 compared to 2017, ending a ten-year run of growth that saw the number of seven-figure deals escalate by 194%
Leaseholds axed for new-build homes
All new-build houses will have to be sold as freehold, following a self-declared 'bold move' by the Government
73% of buy-to-let investors still think the sector is the best long-term investment
83% of investors say it is either unlikely or very unlikely that they will sell their buy-to-let property within the next year, with the majority (58%) staying put for five years
RIBA formally declares a climate change emergency
The Royal Institute of British Architects is drawing up a five-year action plan to help tackle climate change from a built environment perspective
Zoopla upgrades mobile app to ‘pave the way for future innovation’
60% of househunters start their property search on a mobile device, says the property portal
Northern Line trains on track for Nine Elms
Milestone for the first major Tube line extension since the late 1990s, as an engineering train travels the full length of the tunnels for the first time
Price reductions plummet as London market ‘starts moving again’
'This has been the most encouraging start to the year we’ve witnessed since the EU referendum result', says Chestertons boss Guy Gittins, but there's still no sign of a pick-up in supply levels...