Location: United Kingdom
Osborne trumpets a ‘fair, workable, lasting’ SDLT reform
George Osborne says that over 780,000 homebuyers saved an estimated £657m on Stamp Duty Land Tax (SDLT) in the year since the tax was reformed, while receipts from £1m+ sales increased by 15%.
Demand slips in prime central London as uncertainty catches on
"Uncertainty in financial markets and domestic political concerns have moderated demand in prime central London," says Knight Frank.
JLL cuts central London resi development growth forecasts
Weakened demand has prompted JLL to significantly downgrade its forecasts for central London's resi development market.
Private housing continues to drive architects’ growth
The RIBA Future Trends Workload Index bounced back strongly in January 2016, rising to +29 (up from +15 in December 2015), with private housing continuing to be the primary growth area for the profession.
Two-unit amalgamation deemed ‘development’
An owner looking to combine two London flats into a single unit has been denied a LDC after a planning inspector decided the work would come under the official sec.55 definition of "development".
Southern Grove gets go-ahead for £75m west London scheme
Mayfair-based developer Southern Grove has bagged planning for a £75m resi-led scheme in Ealing.
The 0.
Prices push up as £1m+ deals flow – Land Registry
A 2.5% monthly increase has taken the annual rate of house price growth to +7.1%, according to the latest from the Land Registry.
At +13.
Prime Central London: An investors’ market review
There's no denying that things in prime central London have become more tricky, with some punitive tax changes and a deceleration of price growth, but the Golden Postcodes and their environs have "demonstrated remarkable…
New Director for heritage group SAVE Britain’s Heritage
Historic building campaign group SAVE has brought in a new Director to replace Clem Cecil, who moves on to become Executive Director of Pushkin House.
By a Country Mile: Why prime country markets are set to outperform prime London
If history is anything to go by, country locations are set to significantly outperform London over the next few years, as the prime markets enter the next stage of the housing cycle, says Savills' Sophie…
Blakes Hotel to open Mayfair outpost on Grosvenor Square
The owner of South Kensington stalwart Blakes Hotel has submitted a planning application to create a new 30-room hotel in a fairly magnificent former mansion between the US Embassy and Finchatton's…
Four of London’s most fashionable property markets
Seeing as it's LFW and all that, here's the Knight Frank team with a whistle-stop tour of where the fashionistas favour in the capital...
Mayfair