Location: Prime Central London
Westminster’s ‘voluntary mansion tax’ brings in over £600k
'The hundreds of thousands of pounds being allocated today shows that wealthy householders do care', says council, nearly a year after launching its 'ground-breaking' tax experiment
Deal sealed on rare new-build townhouse in Chelsea
£7.25m project by Banda Property replaced a postwar block on Rawlings Street
Proportion of international buyers in PCL hits six-year high
57% of the homes sold in London's priciest postcodes during H2 2018 went to overseas purchasers, reports Hamptons International, the highest level recorded since H2 2012;
Street Views: International buyers in Prime Central London
The proportion of overseas purchasers in PCL is at a six-year high, according to new research out today, accounting for over half of the homes sold in the capital's top postcodes.
Cluttons loses research chief to Knight Frank
Faisal Durrani moves on after over eight years with Cluttons
Prime London rents show ‘early signs of bottoming out’
Rental values in the capital's prime resi markets have fallen by an average of 9.
Portman & Derwent double Baker Street project’s affordable housing contribution
Mayor's late-stage review results in a £10m affordable housing contribution from Derwent London and the Portman Estate's major development on Baker Street.
Don’t forget the fundamentals: Ten tips for delivering a successful prime resi development
Seasoned PCL property pro Alan Waxman, who has delivered more than 50 schemes in the capital over the last two decades, offers up ten pointers to help developers maximise their chances of sales success…
Mapped: Achieved prices across Prime London
Latest visual from LonRes shows the spread of rental and sales values across PCL, Prime London & Prime Fringe in 2018...
Clarges Mayfair lateral goes for £5,500 psf
Seventh-floor apartment in British Land's Mayfair development sells for £26m.
Grosvenor’s McWilliam steps up to helm the WPA
Craig McWilliam has been named Chair of the Westminster Property Association, replacing James Cooksey.
The time is ripe for agents to overvalue; don’t heed the hype
With so few sales going through, it's no wonder that agents are prepared to ‘play the game’ to win the business - but the truth will ultimately out, says Giles Barrett...