Location: London
Q2 Review: Prime London’s rental market recovers from the post-referendum dip
The prime London rental market has not escaped the uncertainty which has gripped the UK economy and housing market in recent months, says LonRes in its comprehensive review of the last three months.
Refurbishment Road: How to save 57% on a same street property
A canny PCL agency has identified some prime Westminster streets where savvy buyers can "save" almost 60% by opting for a refurb project over a luxury new-build.
Reactions: Bank of England cuts interest rates for first time in seven years
In a universally-expected move, the Bank of England has halved the Base Rate to an historic low of just 0.25% and renewed some quantitative easing. The BoE's interest rate had been at an already low 0.
‘A serious review of London’s Green Belt must be considered’ – LSE
Boffins at the LSE have come up with a plan to make house-building on the Green Belt more acceptable.
New sales head at Knight Frank Wapping
Lee O'Neill joins from Cluttons
Agency lists ‘Jewel in the Crown’ penthouse at One Hyde Park (with Brexit discount)
How about this. An agency appears to have listed one of the quartet of penthouses at One Hyde Park, seemingly with a chunky 20% Brexit discount.
PCL’s domestic buyers rallied in referendum run-up as overall deal numbers tumbled
As overall deal numbers tumbled, there was "a significant increase" in the number of domestic buyers of second-hand in prime central London during Q2, reports Strutt & Parker, as just shy of 33% of residential…
‘Mini mansion’ on ‘The Bishops Avenue of mews’ comes up for £7.75m
A five-storey "mini mansion" on Clabon Mews - where Knightsbridge and Chelsea meet - has come up for sale with a £7.75m asking price.
Q2 Review: Transactions tanking and buyers negotiating as prime London hits the brakes
The prime London sales market in 2016 has been "significantly distorted" by both the referendum and the introduction of the 3% stamp duty levy for additional properties in April, notes LonRes in its authoritative…
Brexit vote ‘has been a trigger to make overdue reductions to asking prices’ – Knight Frank
For all the catastrophising Brexit-bating headlines, it's stamp duty that's really sculpting today's prime central London property market, says Knight Frank as it tells of a 1.
Where in the UK has the level of home ownership dropped the most?
There rise of renting at the expense of home ownership in London is pretty well documented, but a new report indicates that it's not just a problem for the capital...
Fitzrovia penthouse with roof terrace ‘larger than the average family home’ comes to market
A three-bed penthouse in Fitzrovia with one of London's biggest roof terraces - it's bigger than the average family home - has come up for sale, asking £6.995m.