Location: United Kingdom
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...
Talking Stock: Analysing PCL’s key residential supply trends
The number of dwellings in the Royal Borough has barely altered since 2001 and some of prime central London’s golden postcodes have actually lost stock, according to some eye-opening new research into…
A Vote of Consequence: General Election outcomes and the UK housing market
Becky Fatemi of top-end agency Rokstone takes a look at how the results of next month's General Election could impact on new development, affordability and prices...
Mayfair ‘blight’ to become London’s next £500m scheme?
One of the last remaining major development sites in Mayfair is being put up for sale this week, with some talking about the potential for a £500m scheme.
Size Matters: Glebe launches Mayfair’s biggest lateral apartments
Developer Glebe is claiming that its ultra-prime resi conversion of the old Buick motorcar showroom on Albemarle Street has delivered some of the biggest lateral apartments in central London.
Grosvenor posts record profits after timely London resi disposals
Grosvenor Group has just announced record pre-tax profits of £681.8m in 2014, well up from the £506.9m posted in 2013.
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...
City veterans to launch PCL property fund
A resi investment fund is about to launch on the Alternative Investment Market with plans to build up a central London property portfolio worth £500m.
‘Try before you buy’ renters on the up in the Home Counties
"There is evidence to suggest that some tenants are renting before making a decision about purchasing property ahead of the election," says Knight Frank, as prime rents in the Home Counties rose by 3.
New Oxford Street Estate goes for £15.75m
The New Oxford Street Estate, a cluster of seven freehold buildings fronting London's New Oxford Street, Museum Street and West Central Street, has been snapped up for £15.75m.