Location: London
New PCL rental supply jumped by 49% in Q2 – Knight Frank
There's lots happening in prime central London's rental property arena, says Knight Frank: newly-agreed tenancies are on the up, viewing numbers are soaring and supply levels are leaping, but both rental…
Forget Super Thursday, the Bank of England can only offer Mildly Useful Thursday
Today's interest rate cut by the Bank of England isn't the big economic solution we need, argues the University of Cambridge's Michael Kitson...
Three reasons why UK house prices have become detached from earnings
As we learned this week, home ownership is tumbling across the UK - the last Conservative regime has a lot to answer for, says Trevor Abrahmsohn...
‘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.
London-national price gap ‘has closed significantly’ – but it’s just statistics
The average London property price in May (£472,163) was around double the England & Wales average (£221,832), according to the latest batch of stats from the Land Registry and ONS under the still-experimental…
Countrywide consolidates prime London estate agency branches
Countrywide Plc has shut a long-standing outpost of Faron Sutaria in Chiswick, sending the office's business and staff to neighbouring Countrywide group brand John D Wood.