Location: Prime Central London
Number of British property millionaires hits 300,000
Nearly 50,000 new property millionaires were created in Britain last year, bringing the total number of £1m+ properties to 300,000, according to some new stats from Zoopla.
£5m+ property prices now 32% above 2007 peak
Three and a half years of headline-grabbing hikes have resulted in average prime central London property prices now standing 23.9% above their former 2007 peak, according to Savills.
Monty on the Money: Prime time for HNWs as mortgage rates fall
In his first column for PrimeResi, mortgage maestro Andrew Montlake looks at the prospects for HNW borrowers in 2013...
Vauxhall Towers win planning approval
A year after submitting detailed proposals, CLS Holdings has got the go-ahead to begin construction of two 50-storey mixed-use towers in Vauxhall, between Vauxhall's transport "hub" and Ballymore's new…
BoJo calls up Sir Terry Farrell for new Design Advisory Group
A star chamber of big league design experts including Sir Terry Farrell has been called up to advise Boris Johnson on major development schemes in the capital, with the aim of "promoting the highest quality…
Wealthy foreign students account for a third of prime London tenants
29% of London Central Portfolio's private tenants are rich foreign students, paying an average of £28,878 pa to live in Westminster and prime central London.
Serviced apartment rents rocket 25% in a year
London’s market for serviced apartments is officially booming, with rents rocketing on the burgeoning number of short term accommodation options in the capital, according to CBRE.
Country prime down, £2m+ really down, sub £2m up: Knight Frank’s Q3
There was alot of hand-sitting in the prime property market throughout Q3, according to Knight Frank's latest Residential Report.
Blake Lapthorn bolsters property litigation team
Top-drawer law firm Blake Lapthorn (the ones that acted for Christian Candy on his recent acquisition of Gordon House in Chelsea) has strengthened its Property Litigation team with the appointment of…
Estates Gazette Awards: The Winners
It got raucous at the Estates Gazette Property Awards last night, as industry heavyweights vied for various titles.
Battersea Power Station Phase One: Approved
**UPDATE** Wandsworth Council has given full approval to the Battersea Project Land Company's Phase One plans, meaning that all is on-track for sales of the first 800 resi units to kick-off at 10am on…
London swells as escape to the country loses its charm
The way people move in/out/around London is changing, according to the latest research report from Winkworth.