Location: London
FORECAST: +4% for UK house prices next year; +1.5% for PCL – JLL
JLL has predicted that UK house prices will rise by 4% next year, and is expecting Greater London to significantly outperform PCL.
Growth in prime central London will stand at 1.
Pipe Dreams: Keeping the habit with private smoking rooms
Smokers are a dying breed, but there’s still a rather valuable 0.1% of HNW homebuyers who want somewhere a bit special to puff away in.
Banda buys up Richmond Brewery site
Developer and search agency Banda has snapped up a prominent former bottling factory in south west London, with designs on a top-end mixed-use scheme.
Feverish Pitch: The Doer Upper’s sales agency ‘beauty’ parade
Five estate agencies are vying for the affections (sales commission) of our resident doer upper, as he sets about putting his Kensington project on the market. But which to choose?
Four years of price rises end as PCL plateaus
That 0% prediction is coming to pass early, as Knight Frank reports no change in prime central London prices during October.
Race to raise £7m to buy ‘England’s grandest country house’
Heritage charity SAVE is in a race to raise £7m to buy one of Britain's biggest stately homes, the 365-room Wentworth Woodhouse in South Yorkshire, as the current owners have called it a day on their "labour…
Withdrawals and price reductions on the rise as London cools
Not only is the number of properties being withdrawn from sale increasing (12.
Candy & Candy looking to build media empire?
The Candy brothers have apparently tabled a bid to buy the Financial Times.
INTERVIEW: Nikki Gibbard on Helical Bar’s grand design for the City
Helical Bar's Nikki Gibbard on opportunism, architectural integrity and being responsible for the biggest resi scheme in the City of London since The Barbican...
Countrywide reports record Q3 profits, despite a London slowdown
Hamptons and John D Wood owner Countrywide has reported record profits in the three month period to 30 September 2014, despite a slowdown in London's volumes.
Carrington: It could be a long winter for the resi sales market
Currently, none of the main political parties have a coherent strategy, and this uncertainty is not helping the market at all, says Lonres Chairman William Carrington...
Resi development land values moderate as developers become ‘more selective’
The rate of growth in residential development land values is easing up, says Knight Frank, dropping from +5.6% in Q2 to +3.7% in Q3.
Development land prices rose by a paltry 0.