Location: United Kingdom
72% of UK buyers paid under asking price in the last year – Rightmove
72% of buyers paid under the asking price for their new home in the last year, while 7% paid over and 21% paid on the money, according to a survey by Rightmove.
Price rises relax; May sees +0.4% – Land Registry
House prices rose by a relatively gentle 0.4% in May, with 72,450 sales ranging from £7,000 to £39m. The annual price increase now stands at +6.
Cut The Red Tape: Why London’s developers are stuck between a rock and a hard place
The capital's residential developers are finding themselves in an impossible situation;
PCL values plateau as buyers apply the brakes; price accordingly if you want to sell – Savills
"The prime London markets have all become more price sensitive", summarises Savills' Head of Research Lucian Cook in the firm's latest residential update.
Marylebone’s Tasty Times: Chiltern Firehouse causes rent rises
Snazzy foodery the Chiltern Firehouse is responsible for a significant increase rents in the local Marylebone area, says Knight Frank.
Average rents have climbed by 10.
Is there such a thing as a Blue Plaque premium?
Blue Plaques are back in business - hurrah! But is it worth paying extra for a property with one of them stuck on the front of it? In a word, no, says top buying agent Jonathan Mount...
Swedish startup launches ‘Uber-style’ storage service
A Swedish firm has decided to 'do an Uber' on the decidedly unglamorous business of storage.
bySTORED.
Checking Out: Three Holland Road hotels hit the market
It's pretty unusual to see three hotels put up for sale in the Royal Borough on the same day, let alone on the same road.
Hamptons throws two launch events for Canary Wharf
Hamptons International is planning a couple of shindigs to make sure its new Canary Wharf branch goes off with a bang.
The new offering on South Colonnade will host two events;
Grainger lines up a new Chairman
Grainger plc has apparently lined up Galliford Try Chairman Ian Coull to take the reins next year.
Capital Loss: Why a mansion tax could spell disaster for the entire London property market
Despite this week's proposed rejig by Labour, the introduction of a so-called mansion tax would have a disastrous effect on the London property market as a whole, not just above £2million, argues…
Government planning portal ‘open to investment’
The Department for Communities and Local Government is on the hunt for a 'commercial partner' to develop its online planning mega-portal.