Location: United Kingdom
Mapped: The new £1m+ areas of London
The list of £1m+ neighbourhoods in the capital just got longer.
Knight Frank has mapped the markets where at least 20% of sales have been above £1m in at least one quarter since the start of 2014.
Prime Property of the Week: Turner Prize
Star & Garter, Richmond, Surrey
£1.2m-£7.5m
One of the most important launches of the autumn is happening tomorrow in leafy Richmond.
Plans go in for 246-unit redevelopment of New Scotland Yard
Plans have gone in to Westminster Council for the £1bn residential redevelopment of New Scotland Yard (or Ten Broadway, as it will be rebranded).
Property lender brings in Candy branders for ‘brand evolution’
Real estate finance house Omni Capital has hired a design studio run by the duo that used to take care of Candy & Candy's brand image to provide "a full range of strategical design services and capabilities."
One Hyde Park vendor offers £9m stamp duty sweetener
The owner of the most expensive flat on the open market, Apartment C.08.1 in One Hyde Park, has offered to cover the mammoth £9m stamp duty bill staring down potential buyers.
RICS doubles house price growth forecast for this year
The Royal Institute of Chartered Surveyors has amended its forecasts for this year to reflect higher price growth and lower transaction levels.
VanHan optimistic on PCL sales market
Thomas van Straubenzee and Rory Penn's boutique agency VanHan is expecting the market to pick up in prime central London over the next three months, and has tipped Mayfair as the hotspot to watch.
As a cooling measure, stamp duty reform has succeeded – Knight Frank
"As a cooling measure, December’s stamp duty rise for high-value property has succeeded", says Knight Frank in its latest prime London round-up.
Year of the Dragon: Hong Kong developer bags green light for £8.4bn Greenwich scheme
Hong Kong mega-developer Knight Dragon has been given the go ahead for its ambitious Greenwich Peninsula masterplan, delivering 15,720 new homes and a whole new district twice the size of Soho.
Turning Schemes Into Reality: On delivering unusual and adventurous developments
London is playing host to some of the most innovative design in the world just now, particularly at the luxury end of the property market.
Digs Spenders: London’s £600m foreign student lettings market now a ‘key driver’
The 107,000 international students currently studying in London contribute a whopping £600m in rental income to the capital's lettings market, with some spending up to £1,500 a week on swanky digs…
The Phantom Bounce: Vendors are missing the top of the market – Chestertons
"The London market is unusually difficult to call at present," says Chestertons, with a post-election "phantom bounce" making forecasting even more tricksy than usual.