Latest Articles
Forecast Watch 2014: PCL +3.5%; UK +4.4% – Strutt & Parker
Next year's looking alright for the prime property market, thinks Strutt & Parker, but then it all goes a bit sorry. This year's +6% price performance in PCL will be followed by a 3.
Autumn Statement date set for 5th December
We all know that Christmas gets earlier every year, but that Autumn happens in December is news to us;
Under Offered: A tale of two markets
The real world's not like the headlines so don't believe the hype, says our resident doer upper Alan Page, as serendipity gets the better of sales spiele in SW3.
Global luxury property prices stall
It's time to go macro for a bit. Knight Frank has taken its quarterly check-up of 27 prime markets around the globe and reckons price growth has started to stall.
Here's the key findings:
“Risk of over supply” of London prime property – Savills
There's a "risk of over supply" of new prime property in London, despite the need for 50,000 new homes in the capital's lower-end market, says Savills.
Green light for St Giles Circus
Seventeen years after shelling out £20m for it, developer Laurence Kirschel has finally been given permission to transform his acre of the West End.
£10m for the perfect Devon village?
...UPDATE (22nd May 2014): Looks like the asking price is going to be in the £11-11.5m range...
Transaction levels hit 5 year high as supply and demand diverge
Resi transactions "saw a big jump" last month, according to the RICS, with the average Chartered Surveyor selling an average of 20.
Countrywide Chairman steps down
Chairman of Countrywide plc, the UK's biggest property services group, has announced he'll be stepping down with immediate effect.
London councils challenge office-to-resi rights
Camden, Islington, Lambeth and Richmond councils are limbering up for a High Court challenge to permitted development rights that allow the conversion of office space to residential use.
Octopus buys Dragonfly
Jonathan Samuel's short-term lending business Dragonfly Property Finance has been bought-up by Octopus Capital Ltd, the holding company of Octopus Investments Ltd, for an undisclosed amount.
Land Reg trials ownership data on a map
The Land Registry is trialling a mapping interface for its data with Landmark Information Group.