Location: Prime Central London
Wealthy Iranian buyers prepare for a return to prime central London
Estate agents in prime London are expecting an influx of wealthy Iranian buyers next year as sanctions in place since the 70s look set to be lifted.
HML bags Bermondsey-based property management business
Property management group HML Holdings has snapped up a south east London-based firm for £715k.
Set
Scotland hikes LBTT for second homes in line with SDLT
John Swinney has followed George Osborne's lead, announcing a 3% increase in the Land and Buildings Transaction Tax rate for additional properties in Scotland, such as buy-to-let and second homes.
Britain now has 622,939 ‘property millionaires’
There are currently 622,939 "property millionaires" in Britain, according to Zoopla's latest estimate, 75,796 more than there were in January.
A 14% rise over the last year now means that 2.2
Spink inks funding deal for new Knightsbridge project
Topland is making good on its promise to keep lending on London's prime resi projects.
‘Signs of recovery are looking good’ as applicant numbers surge – D&G
London's sales and lettings markets are beginning to look healthier, says Douglas & Gordon, as the firm reports that its sales applicant numbers are 50% up on last year's levels, and that it has seen a …
Sellar Group puts in Paddington mega-plans
After floating the idea in October, Sellar Property Group has submitted the actual plans for its 31 London Street scheme (now rebranded as Paddington Place).
Topland backs £30m project in Mayfair
Sol Zakay's Topland Group has stumped up £12m in acquisition and development finance to an overseas-based HNWI planning a super-prime resi development in Mayfair.
Weston Homes’ profits surge 116% as it steps out of the prime market
Housebuilder Weston Homes has announced that its turnover and pre-tax profits reached a ten-year high, with profits jumping by 116% in the last 12 months.
Turnover stands at £138.
Well Healed: West End schemes launch world’s first ‘health concierge’
Qube Leasehold Property Management, which looks after both Fitzroy Place in Fitzrovia and The Chilterns in Marylebone, has signed a deal with The Health Concierge in what's being billed as a resi world-first.
Has this man just come up with a way to ease the housing crisis?
Despite sitting on a giant war chest of institutional investment, the Build to Rent sector is finding it practically impossible to acquire suitable sites at the moment. Ha
‘30,000 new-build homes to flood the London market’ as foreign buyers head for the exit
The "large volume" of new-build stock currently flowing onto the off-plan sales market in London could turn into a flood next year, according to Cluttons.