Location: London
Prime Property of the Week: Last of the Mega-Basements
Hornton Street, Kensington, London
£9m
As you may have heard, the "Iceberg Age" is well and truly over.
First time buyers drive a 20% surge in prime London demand – Marsh & Parsons
Overall demand for prime London homes has shot up by 20% in Q1, says Marsh & Parsons, with first time buyers and investors each accounting for nearly a third of sales.
Marsh & Parsons opens up in Queen’s Park
After venturing East, Marsh & Parsons has turned its sights to NW London and launched a new office in Queen’s Park.
Tatiana Neves
Ale Be Back: Demolished Maida Vale pub to be rebuilt?
Westminster is considering issuing an unprecedented enforcement notice that would require the recreation of a demolished pub "in facsimile" within 18 months.
£5m+ transactions in prime London have tumbled by 49% in the last year
The Lonres Residential Review, Spring 2015: The sales market.
As befits an election year, demand levels have dropped and, as a result, so have transactions and values.
Lonres Residential Review: Prime London’s lettings market in Q1
Conditions in the residential rental market of prime London remain more bouyant than the sales market, although there is still an air of caution among tenants.
Lonres Residential Review: The national picture in Q1
Growth in the UK economy in 2014 stands at 2.8%, the highest rate recorded since 2006.
Residential development land prices dip for first time since 2012
Average greenfield residential development land prices fell by 1.8% in Q1, says Knight Frank, taking the annual change to -0.
Transactions tumble as house prices stumble – Land Registry
House prices across England and Wales have dropped by 0.8% since February, according to the latest batch of Land Registry data, taking the annual price change to +5.3%.
Foxtons blames sales dip on election slowdown
Foxtons has reported raking in total revenues of £33.1m in Q1, down 3.1% on the same period last year.
In Recent Proposals: Notable small-scale planning applications
It’s not nosey. Just interesting to see the type of stuff that’s going through planning at the moment…
Dev Secs reports performance ‘step change’ with record profits
Development Securities has reported "a step change in performance" with record pre-tax profits and a record level of development and trading gains realised during the year.