Location: London
Average asking prices up 7% in 2014 – Rightmove
2014 has ended with the largest ever monthly fall in average asking prices across the UK, according to Rightmove's latest tally, although they're still up by 7% on an annual basis.
Is Islington about to ban mega-basements too?
Just a week after the Royal Borough of Kensington & Chelsea claimed victory in an "historic battle" against mega-basements, another London council is eyeing up a subterranean crackdown.
Ancient property law firms join forces
Two of London's most venerable property law firms have decided to team up and create a 120-strong outfit with a combined total of 530 years' experience.
May, May & Merrimans (est. 1786) and Hunters (est.
Knight Frank: Rightmove is ‘best choice available at this time’
Agents Mutual co-founder Knight Frank has opted to ditch Zoopla and go with Rightmove under OnTheMarket's "two portal rule".
SDLT reform to drive a 2-5% sales boost – RICS
George Osborne's overhaul of the Stamp Duty system, creating a progressive regime that delivers savings to all but the top 2% of home buyers, "has the potential to trigger a material shift in market sentiment…
Savills recruits Northacre and JLL man to Prime London Resi Development team
Former JLL Director Richard Osborne-Young has joined Savills' Prime London Residential Development team.
Prime Property of the Week: Tower Power
Penthouse, Cambridge House, One Tower Bridge
£15m
Grosvenor Crescent tops ‘Most Expensive Streets in England and Wales 2014’
Belgravia's Grosvenor Crescent has been named The Most Expensive Street in England & Wales by Lloyds Bank, with an average house price of £16,918,000.
Grosvenor Crescent
CASE STUDY: Going super-high spec in Knightsbridge
How do you go about designing the ultimate specification for a landmark super-prime scheme opposite Harrods? What kind of bells and whistles do UHNWIs expect to see in a £12.5m apartment?
Forecast: London rents to outpace house prices in 2015 – Marsh & Parsons
London's rental prices are likely to rise by 10% next year, thinks Marsh & Parsons, driven by strong tenant demand and a flourishing corporate sector.
Deal struck on £45m Mayfair mansion
One of the biggest resi deals of 2014 has just gone down in Mayfair.
We hear this £45m stonker on the corner of Balfour Place and Mount Street has been snapped up for an undisclosed sum.
Green light from BoJo for up to 3,610 new homes at Canary Wharf
Mayor Boris has approved plans for a mega-development on the eastern edge of Canary Wharf, which should create some 3,610 new homes.