Location: Prime Central London
Cutting affordable housing exemptions for small developments “will heighten the housing crisis”
The High Court's decision this week to strike down exemptions from affordable housing contributions for small developments will heighten the housing crisis, says the Federation of Master Builders...
Alchemi sells landmark Victoria scheme
Developer Alchemi Group has just sold its giant resi scheme at 33 Horseferry Road (opposite the Home Office) in a deal worth £137m.
London’s latest dinner party boast? The PCL vendors ‘anti-marketing’ their properties
Without wanting to burden you with another buzzphrase, it seems the "anti-marketing" campaign is all the rage in prime central London at the moment.
39% of PCL deals go international as European buyers flock
39% of all buyers in prime central London during Q2 were originally from overseas, says Strutt & Parker, with a noticeable increase in buyers from Western and Eastern Europe, as well as from North America.
US operations drive Savills revenue up 27% despite weak UK resi performance
Savills plc's global revenue shot up by 27%to £547m in the first half of the year, despite "the expected weakness in the UK Residential market."
Harrods Estates instructed to let ‘Marylebone’s most luxurious apartments’
The lettings team at Harrods Estates has landed a peach of an instruction in W1.
Domestic buyers and new-builds dominate ‘soaring’ West End market
The resi sales market in the West End has "soared" since the election, reports CBRE, with enquiry levels and average values both up by nearly a third.
Investors now account for 42% of prime central London property purchases
Prime London property prices ticked up by 0.8% in Q2 - the first rise since September 2014, and quite the change from Q1's -0.6% - as "investors strengthen their hold" on the PCL market.
Chelsea landlord offers £2,700 per week DIY rental
In an unusual move, the landlord of a rental property on Mulberry Walk is tempting prospective tenants with carte blanche to completely redecorate a whole house.
Prime London Lettings Market Overview: Analysing Q2’s ‘important shift’
In stark contrast to what's being going on in the sales market, average rental values across prime London are now 7.4% higher than they were at this point last year.
Ex-Deverell Smith man launches Midlands recruitment firm
A top PCL recruitment consultant has decided to tap into the Midlands property market with his new venture.
Earl and Countess’ rescue of Dorset mansion shortlisted for top heritage award
A Neolithic tomb in Cornwall, a shell grotto on a Georgian estate in Dorset, a Victorian coffin works in Birmingham, a Sheffield steel workshop and a 14th century Norfolk church are just some of the heritage…