Location: Prime Central London
Letting Up: Prime London’s rental market stays strong, but top end tipping to over-supply
London's prime rental market has seen the strongest annual rental growth in four years, and there's more to come through 2015 says Lonres in its Winter Residential Review.
Overview
PCL rental growth hits three year high – Knight Frank
Prime central London rental values nudged up by 0.2% in January, says Knight Frank, marking an eleven-month run without a fall and taking annual growth to a three-year high of +3.4%.
PCL prices drop for third month in a row – Knight Frank
Annual property price growth in prime central London fell to its lowest level in five years after prices feathered down by -0.1% in January, says Knight Frank.
Boultbee LDN bags major resi development site in Southwark
A joint venture led by Steve Boultbee-Brooks' newish acquisition/development/asset management firm Boultbee LDN has just signed off on the purchase of an 83,000 square foot site in Southwark.
Westminster names new Senior Planning Chairman
There's been a "minor reshuffle" at Westminster City Council, following the decision by Ed Argar to step down from his post.
Devenish
Private rental sector yields ‘harden marginally’
Average initial gross yields from private rental blocks in major cities across the UK (London, Leeds, Bristol, Birmingham, Manchester and Glasgow) stood at 6.
Easing, Falling, Weaker, Reformed: Lonres’ national housing market review
2014 began with talk of a property bubble and ended with the industry facing changes to property taxation and the possibility of further amendments in the future, notes Lonres in its Winter Residential…
Whistle Stops: A buyer trend tour of the UK
Good schools, unsurprisingly, top the reasons to purchase property across the UK, according to Jackson-Stops & Staff, who've gone round all 44 of their offices in an attempt to compile the top five trends…
Store Credit: The rise of luxury shop-top living in London
Living above commercial units can command a price premium, claims Mayfair estate agent Wetherell, as long as the brand downstairs is right.
Mere Portals: On the week when Goliath met David on the internet
Last week's successful launch of OnTheMarket.com demonstrates to the big media groups that agents can do the job just as well, if not better, says Trevor Abrahmsohn...
New consortium enters race for Hyde Park Barracks
The battle for Hyde Park Barracks just got even tastier, with reports of new Middle Eastern-backed consortium entering the fray.
Fringe Benefits: Emerging Prime London outperforms Prime for third year running
Emerging Prime areas in SW London continue to drive some of the best returns on investment, according to Douglas & Gordon, outstripping PCL for the third year on the bounce.