Location: Prime Central London
18% drop in new tenancies agreed across prime central London
The LonRes team summarises an unusually subdued Q1 in the prime London lettings market...
The prime London lettings market has, over the last three months, been quieter than many expected.
Developers are ‘downsizing’ big luxury apartments as demand dries up
Prime London property developers are "re-examining the final phases of many schemes that were expected to include three and four bedroom apartments and penthouses", says one lettings agent, as demand fails…
Capco hits £300m in sales at Lillie Square
Capco has reported a "notable increase in enquiries" at Lillie Square since the start of the year.
RBKC brings in ‘tough’ new construction noise rules
A "tough" new noise regime has come into force as part of Kensington & Chelsea's new Code of Construction Practice.
Instructions rise across prime London as agents predict further price falls
The sales market in prime London continues to be challenging, says LonRes in its authoritative review of Q1...
There has been little movement in prices and transaction volumes remain subdued.
Northacre’s Broadway scheme clears s106 in just two months
Northacre has had its Section 106 for the development of the former Scotland Yard HQ formally approved, just two months after the 1.7 acres scheme was given the go-ahead by Westminster planners.
Super-sized Kensington penthouse hits the market at £12.95m
A chunky two-unit amalgamation on the top floors of St Edward's new scheme on High Street Ken has become available at £12.95m.
Top Marques debut pays off royally for Beauchamp
Beauchamp Estates' decision to take some exhibition space at this year's Top Marques Show in Monaco paid off big time after His Serene Highness Prince Albert II rocked up to talk real estate.
The New House Price Index: A Trojan Horse for Council Tax re-valuation?
A new official property price index - the House Price Index (HPI) - is due to launch next month, with a promise to end at least some of the monthly confusion over real estate value inflation/performance…
Buying In A New Era: How stamp duty is fundamentally changing the prime resi landscape
Unlike prices, transaction volumes in the UK's prime markets have not rebounded since the dark days of the Financial Crisis.
Does higher stamp duty really matter for investors in central London?
As we put a bonkers Q1 behind us, Tim Hassell considers the likely long and short term impacts of the latest SDLT hike on the UK's buy-to-let market...
Neo You See It: £17m Octagon super-home goes in ‘record time’
A neo-classical mansion on Totteridge Common has been sold in one of the biggest deals outside of London so far this year.
Guided at £16.