Location: London
Harrods Estates instructed to let ‘Marylebone’s most luxurious apartments’
The lettings team at Harrods Estates has landed a peach of an instruction in W1.
Domestic buyers and new-builds dominate ‘soaring’ West End market
The resi sales market in the West End has "soared" since the election, reports CBRE, with enquiry levels and average values both up by nearly a third.
Investors now account for 42% of prime central London property purchases
Prime London property prices ticked up by 0.8% in Q2 - the first rise since September 2014, and quite the change from Q1's -0.6% - as "investors strengthen their hold" on the PCL market.
39% of PCL deals go international as European buyers flock
39% of all buyers in prime central London during Q2 were originally from overseas, says Strutt & Parker, with a noticeable increase in buyers from Western and Eastern Europe, as well as from North America.
US operations drive Savills revenue up 27% despite weak UK resi performance
Savills plc's global revenue shot up by 27%to £547m in the first half of the year, despite "the expected weakness in the UK Residential market."
Dos & Don’ts: How to create the ultimate super-prime swimming pool
As the man responsible for some of the capital's most lavish private leisure complexes, architect David Wolff knows a thing or two about what makes the ultimate indoor swimming pool.
‘Ability to buy’ improves across the country – Hamptons
Britain's 'ability to buy' is better now than it was in 1997, says Hamptons International, as the affordability of housing has improved in recent months.
85% of tenants are now opting to renew contracts – Foxtons
Foxtons is reporting that a record number - 85% - of all its tenancies are renewing contracts.
Chelsea landlord offers £2,700 per week DIY rental
In an unusual move, the landlord of a rental property on Mulberry Walk is tempting prospective tenants with carte blanche to completely redecorate a whole house.
Prime London Lettings Market Overview: Analysing Q2’s ‘important shift’
In stark contrast to what's being going on in the sales market, average rental values across prime London are now 7.4% higher than they were at this point last year.
Prime London rents falter as bankers’ optimism fades
Rental values in prime central London have dropped - albeit by the smallest of measures - for the first time since February 2014. July saw PCL rents fall by 0.
‘Stamp Duty reform has had little impact’ – CBRE
December's Stamp Duty reform probably hasn't had that big an impact on the £2m+ property market, argues CBRE.