Location: Prime Central London
Sales success for Londonewcastle in Queen’s Park
It sounds like Londonewcastle has judged its latest scheme in north west London to a tee.
Construction activity escalates in London (but what’s happened to the planning pipeline?)
The number of units under construction in central London has hit record levels, reports JLL. The current figure of 30,700 is up 8% on H2 2014 and 18% in the last year.
Art in Residences: Choosing the perfect piece of art for a £23mn townhouse
Developers have long been aware of the importance of well-chosen artwork, but an increasing number of those operating in the upper price ranges are employing fine and statement pieces over bland backgrounds.
Virtual Vigilantes: Architects launch a WikiLeaks for London developments
A band of architects have created a sort of WikiLeaks for London's property development scene in an effort to clean up the capital's foggy planning process and combat the rise of profit-led development.
Record numbers of landlords raise rents on renewal
45% of tenants who renewed their contracts in August were hit with a rent hike, says Countrywide, with an average increase of 2.5%.
The Buying Solution unveils new management team
There's been a major reshuffle at the top of Knight Frank's acquisition arm, The Buying Solution.
PG Wodehouse’s Mayfair writing room offered for £2.25m
The former home of PG Wodehouse and of the first working Royal - part of it, at least - is up for sale on Dunraven Street in Mayfair.
Rate of house price growth to slow next year – Hamptons International
Average house prices across England & Wales are expected to carry on growing over the next two years, but at a "subdued" pace, according to one of the UK's biggest estate agencies.
Grade I Somerset stonker goes for £10m
One of Somerset's most beautiful private homes, the 18th century Ven House in Milborne Port, has reportedly been snapped up by a Labour grandee for a cool £10m.
Biggest September asking price rise for 13 years – Rightmove
Asking prices across the country have risen by 0.9% in the last month to hit a brand new national record, says Rightmove, as supply shortened yet further.
Abbey Days: Downton’s Dower House sells for £5.95m
Unlike the new series, it sounds like the sale of Lady Violet’s Downton Abbey digs has avoided a tedious and drawn out storyline.
Anti-money laundering rule change ‘crucial’ for the London market
A Marylebone-based agency has called for a fundamental change in current anti-money laundering legislation, because the government and HMRC "don't understand" how the property market works in the capital.