Location: London

New stats have revealed some pretty chunky - and widespread - price cuts going on at the top of the market.

"30% of all tenants seeking a London flat to let are dog owners," claims lettings specialist EJ Harris, and there aren't enough pet-friendly residences to go around.

"Councils must produce local plans for new homes in their area by 2017 – or the government will ensure those plans are produced for them."

2013's temporary measure allowing unused office space to be converted to residential use has been made a permanent fixture.

One of the biggest names in super-prime development has taken the covers off its latest project, a boutique new-build in the middle of Knightsbridge Village.

It is the common areas and amenity spaces where sales will be won and lost for London’s new breed of super-prime residential developments, says Mathew Dalby, Creative Director of The Studio at Harrods.

Investor and developer Merchant Land has started on site at OneTwentyFour, a new boutique resi scheme on Seymour Place in Marylebone.

"The financial strain of buying can be overstated," says Zoopla (if you ignore deposits and purchase fees etc, and bank on interest rates staying low), as the portal informs us that it's cheaper to buy…

RFR, the property consultancy set up in 2009 by ex-City lawyers Sophie and Richard Rogerson, has brought all of its five practice areas under one roof with the launch of a new private office.

The average size of a one-bedroom flat in the UK is now 505.

After two public consultations, Greenland Group has submitted its plans to build Western Europe's tallest tower in Canary Wharf.

Knight Frank has slashed its annual price growth forecast for prime central London in 2016 from +4.5% to just +2%.