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Prime London Property Market Snapshot: Week 32, 2024
A third fewer sales were agreed across London's prime postcodes last week compared to the same period last year, but more homes went under offer, and a relative flurry of new instructions hit the market
In Pictures: Luxury boutique resi scheme unveiled on Cannes’ Croisette
Savills instructed on 'unique' renovation project on the famous Riviera address.
Home-buyers turn to short-term finance to save sales chains
Growth in bridging loans 'seems to be fuelled by the urgent need to prevent chain breaks in property transactions,' say lenders.
Property insurance payouts hit a record high
'Our latest figures demonstrate the devastating impact that adverse weather can have on people and their homes,' says the Association of British Insurers.
Exodus or exaggeration? Top advisors reveal how HNWIs are really reacting to the UK’s non-dom changes
Featuring insight from Hamptons, DDRE Global, Property Vision, Haringtons, Black Brick, Middleton Advisors, Harrods Estates, Sotheby's International Realty, Forsters & more...
Stanhope cues up Television Centre’s ‘next chapter’
23-storey AHMM-designed tower is delivering 167 apartments and penthouses as part of the west London super-scheme.
Indian buyers are driving the luxury property market in North London
DDRE Global says 40% of large apartments sold in St John's Wood in the last year have been snapped up by buyers of Indian origin, who now account for half of all active HNW buyers in the area.
Daggers to headline Propertymark’s PropX event
Daniel Daggers' story "is something everyone should hear," say organisers of the Propertymark Trust's new fundraising event.
Government looks to thwart profiteering from grey belt land sales
'We will reform the outdated compulsory purchase process to remove inflated values of land and ensure compensation paid to landowners is fair but not excessive,' says the MCHLG.
Property lawyers dwindle as transactions tumble
Real estate lawyers have seen their caseloads fall by a fifth in last year, according to Search Acumen.
Boutique London agency founder moves in with Nest Seekers
Ali Khadir has joined forces with the international luxury brokerage.
PCL rental growth dips below 3% for the first time in three years
Just as the prospect of tax rises in the Budget is causing uncertainty in the sales market, Labour’s revival of the Renters Reform Bill is doing the same thing in the lettings market, says Knight Frank.