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Twice as many landlords plan to sell a property in the next five years as sold an asset in the last five years
"More landlords have decided to leave having grown tired of dealing with tenants than they have because of various government tax changes," says investment firm Sequre.
Competition heats up for sites as developers look to replenish their pipelines
Greenfield opps are in particularly high demand, sending values soaring by over 9% in the last year.
Boutique developer completes rapid turnaround in Belgravia
Voza’s latest project on Cliveden Place, acquired in February, sold within five days of listing.
40% of properties sold for more than their original asking price in June
"Astonishing" demand broke more property market records last month, reports Propertymark, but the estate agency organisation does anticipate "a rebalancing of the market over the coming months."
Old House Group picks up luxury resi project on Wilton Place
Grade II listed freehold was acquired with the help of a £6.4m bridging loan funded by CapitalRise.
Knightsbridge flats are central London’s ‘best bargains’, with prices down 11%
"The race for space has left some central London bargains in its wake," says Knight Frank, with apartments in some Golden Postcode areas seeing average PSF prices more than 10% below their five-year average.
Regal picks up London Fields’ Laundry site for resi development
The Laundry Building in Hackney has been used as a creative hub, founded by former Radiohead guitarist Ed O’Brien and media entrepreneur Raj Nayak, since 2014.
Record month for Knight Frank’s London sales teams
Monthly and quarterly records fell as buyers rushed to beat the stamp duty deadline.
Ex-Savills & Romans man launches ‘world’s first pay-to-view property platform’
Michael Riley’s new venture, ViewRabbit, promises to ‘sort serious movers from nosey neighbours, holidaymakers, wannabees and tyre kickers’ by charging an upfront viewing fee of £30.
Candy brothers hit with huge Stamp Duty bill over Chelsea mansion transfer
The Upper Tax Tribunal's latest decision is "patently unfair", says property tycoon.
Vatican reveals scale of global property portfolio
Details on holdings published in unprecedented transparency drive as landmark case involving a PCL investment deal heads to trial; preparations for London property sell-off ‘underway’