Location: London
Rental instructions up 53% on 2010 as supply continues to outstrip demand – Lonres
The big story in London's rental market over the last year has been the level of supply far exceeding that of demand, according to the just-released Lonres Winter Review. The numbers are profound;
Over a million deals in 2013 as sustainable growth kicks-in – CBRE
Over a million residential transactions rocked the UK market last year, according to CBRE; 2013's 1,077,510 deals was a 16% increase on 2012's tally.
High hopes for The Estate Agency Foundation as charity re-launches as Agents Giving
Just a month into his tenure as Chairman, Peter Knight is heralding "the start of a new era" for The Estate Agency Foundation as the charity re-brands as Agents Giving and recruits Phil Spencer (off the…
“Listless” property supply is “seriously hampering growth” – RICS
January saw the lowest number of houses hitting the market since its lowest ebb in July 2012, says the RICS, and this oft-reported lack of supply of homes "is seriously hampering growth and pushing prices…
East & East Midlands top areas for recovery potential – Hamptons
Hamptons International has been checking levels of pent-up demand across the country, in a bid to find out which areas have the most potential to soar as the country's housing market continues its recovery.
Strong start for Millgate in Ascot
We hear sales have been brisk at Millgate's new development in Ascot, Berkshire, with 50% of the units being snapped up within seven days of launch.
Westbrook House
Chesterton Humberts to split into two companies
The timing - on the eve of Valentine's Day - is either highly unfortunate or marketing genius, but either way, Chesterton Humberts is splitting up. It's over.
Average flat value hits £1.1m in prime central London as £1,000+ psf market booms
PCL has "continued to outperform the wider London housing market," posting a 30% increase in transaction levels in 2013 compared to 2012 with a 50% lift in the prime £1,000+ psf segment, according to…
Indecisive vendors balance growing appetite to cash-in on London market
"Indecisiveness about whether or not to sell is still proving a stubborn obstacle," says Douglas & Gordon, despite a 20% lift in the number of valuations its taking on in January compared to last.
Boodle Hatfield bolsters property team
It's been a busy couple of weeks for top law firm Boodle Hatfield, what with bolstering its Private Client and Property teams and announcing a new base on swanky Grosvenor Street in Mayfair.
Prime Society: KFH Awards 2014
Over 600 Kinleigh Folkard & Hayward staff donned their gladrags and stilettos for some back-slapping and bubbly in a brewery at the firm's annual awards bash.
The (Award-Winning) Earlsfield Sales Branch
Housebuilding to increase by 55% by 2018 – Savills
The quantity of new homes being built in England will hit 167,000 in 2018 - 55% more than 2013's 108,000 - according to the latest set of forecasts from Savills, but is still a good way off the requirement…