Location: United Kingdom
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.
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.
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.
Rare double development project in Kensington up for £17m
A brace of unmod mansions has gone up for sale on Prince of Wales Terrace, right by Kensington Gardens, sporting a cool £17m price tag for the pair.
HNW advisory Berkeley Hurrell bolsters legal team
Boutique resi property and private wealth firm Berkeley Hurrell has strengthened its PCL offering with the hire of Beth Carey as solicitor.
Rogers blames big house builders for housing shortage
"We need to challenge the monopoly of big house builders," trumpeted superstar architect Richard Rogers at the launch of his flatpack home product.
Winkworth profits hit by sales slump
Winkworth has reported a 17% drop in pre-tax profits in its latest set of results, after sales were hit by all that uncertainty around the election.
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…
USA is the world’s ‘clear number one’ for residential investability – Savills
"Investors in international residential real estate should combine an understanding of macro metrics and an appreciation of local, shorter term drivers of house prices when making buying decisions," says Savills as…
Redrow tops £1bn in turnover as it pulls back from PCL
Giant housebuilder Redrow has "curtailed" its land buying in super-prime areas of London in response to the softening market.
Fire Sale: London Fire Brigade puts South Bank HQ up for grabs
The former London Fire Brigade HQ on the South Bank is being put up for sale, and the search is on for a new development partner to deliver a major residential-led scheme on the waterfront site opposite…