Latest Articles
Top investment analyst downgrades Purplebricks
“Longer-term, we have become more cautious on Purplebricks’ ability to win material market share,” says UBS.
Prime London’s tenants are getting younger
Under-30s accounted for nearly 90% of the tenancies signed in Q1, reports LCP - up by almost a quarter on last year.
Bumper start to the year for Savills’ auction team
The agency noted a massive increase in telephone bidders at its latest sale, which raised £40m.
What ‘material information’ should be legally required on property listings?
"Consumers want more information", says National Trading Standards's Estate and Letting Agency team, as it launches a survey to find out what property agents think should be essential on all portal listings.
Westminster tipped to outperform PCL forecasts
JLL expects the capital's most iconic borough will benefit from a renewed appetite for city living in the wake of the pandemic.
Market hits a hurdle as agents ‘run out of houses to sell’
The lack of properties coming on ‘has the potential to jeopardise or temporarily cause a slow-down in the market’, says TwentyCi, as stock levels sink to an all-time low.
New Four Seasons-branded project in Dubai sells out in ‘record time’
The 28 turn-key units on the banks of the Dubai Canal were snapped up by a ‘who’s who of international society, from royalty to celebrities’, according to the agents.
Cain reports penthouse sellout at Islington Square
All 22 penthouses and maisonettes at north London's former Royal Mail sorting office have been sold, with penthouses achieving "in excess of £2,200" per square foot.
Luxury developer reports sales surge as New York’s property market booms
Manhattan developer Extell signed more than $260 million in new sales contracts in Q1, and says it is on track to sign another $250 million in April.
‘Activist’ Countrywide investor takes a stake in Foxtons; calls for change
Robin Paterson's Catalist says that estate agency Foxtons is "significant undervalued relative to the platform’s potential".
Why the end of the furlough scheme is likely to have a limited impact on the UK property market
A closer look at the government’s own furlough data suggests there is unlikely to be meaningful downwards pressure on sales volumes or prices when the support scheme comes to an end in the autumn, says Tom…
Former Oxfordshire home of Dame Agatha Christie seeks buyer
Savills Henley has been instructed on a Queen Anne-style pile that inspired some of the greatest crime novels of the 20th Century.