Location: United Kingdom
£5m+ transactions in prime London have tumbled by 49% in the last year
The Lonres Residential Review, Spring 2015: The sales market.
As befits an election year, demand levels have dropped and, as a result, so have transactions and values.
Lonres Residential Review: Prime London’s lettings market in Q1
Conditions in the residential rental market of prime London remain more bouyant than the sales market, although there is still an air of caution among tenants.
Lonres Residential Review: The national picture in Q1
Growth in the UK economy in 2014 stands at 2.8%, the highest rate recorded since 2006.
Residential development land prices dip for first time since 2012
Average greenfield residential development land prices fell by 1.8% in Q1, says Knight Frank, taking the annual change to -0.
Transactions tumble as house prices stumble – Land Registry
House prices across England and Wales have dropped by 0.8% since February, according to the latest batch of Land Registry data, taking the annual price change to +5.3%.
Foxtons blames sales dip on election slowdown
Foxtons has reported raking in total revenues of £33.1m in Q1, down 3.1% on the same period last year.
In Recent Proposals: Notable small-scale planning applications
It’s not nosey. Just interesting to see the type of stuff that’s going through planning at the moment…
Dev Secs reports performance ‘step change’ with record profits
Development Securities has reported "a step change in performance" with record pre-tax profits and a record level of development and trading gains realised during the year.
Students overtake financial sector as PCL’s biggest renters
New research has claimed that students are now the biggest renters in prime central London, overtaking the financial sector in terms of numbers and shelling out an average of £28,866 a year in rent.
The Lonres Spring Review: Carrington on Q1
Lonres Chairman William Carrington looks back on a period of declining transaction levels and deflating prices...
How many £1m+ deals will be going through in 2019?
It's been estimated that nearly 28,000 £1m+ properties will be sold in the UK each year by the time we get to 2019.
Election ‘sweeteners’ could fundamentally change the UK housing market
Edward Burton looks back on a week of extravagant promises and headline-grabbing announcements, including that worrying mention of an additional rate of SDLT for foreign buyers...