Location: Prime Central London
Vendors bearing the brunt of extra stamp duty costs – LonRes
With 83% of agents in its autumn survey reporting that changes to stamp duty have had a detrimental effect on their local markets, and a net balance of respondents noting falling levels of activity…
Bubble Watch: A field guide to the world’s most over-valued property markets
The "majority of world cities are significantly overvalued" says UBS in its Global Real Estate Bubble Index, as it charts the imminent risk of price drops in key global hubs.
Introduction
Prime Purchase strengthens London team
Buying agency Prime Purchase has made another key addition to its London team.
Carrington on Q3: A vendor should not expect to see a 10% annual appreciation on their asset any more
The old argument of prevailing market conditions just being the natural forces of supply and demand doesn’t wash when the outlier that is the massive influx of overseas investment tips rising house prices…
Uh Oh We’re In Bubble: London is the most over-valued city in the world – UBS
Property prices in London and other global financial centres "are now, in many cases, fundamentally unjustified," says UBS. "The risk of a real estate bubble in these cities has risen sharply."
Supply levels rise as demand wanes in the prime London lettings market
The summer months are traditionally the most active for the lettings market of prime London and 2015 was no exception, notes LonRes in its Autumn Review.
One Hyde Park apartment tops September sales register
An apartment in Knightsbridge's One Hyde Park has topped the list of resi sales recorded by the Land Registry in September.
The latest dataset shows Apartment A.04.
78% of prime London agents think vendors are ‘being unrealistic’ about asking prices
The impact of changes to SDLT made at the end of 2014 "continue to be felt" across the prime central London resi market, notes LonRes in its Autumn Review, a situation exacerbated by increased uncertainty…
Sellar picks stellar design team to deliver Paddington scheme
Sellar Property Group has assembled a stellar design line-up to deliver its high-profile "Shard of west London" vision.
Crossrail 2 consultation opens with new plans for King’s Road station
The big consultation into Crossrail 2 - the proposed Chelsea to Hackney line with King's Road station - is now open, and will run until 8th January 2016.
Outer London outguns PCL as ‘stamp duty stand-off’ stifles top-end transactions
The Land Registry recorded a monthly price increase of 1% in September across England & Wales, taking the annual change to +5.3%.
Heavy Duty: How the new SDLT system stuffed both ends of the market
The new SDLT regime is creating a boom and a bust at one end of the scale whilst raising less money for the government at the other; not such a clever move, says Trevor Abrahmsohn...