Location: United Kingdom

Labour Councillors have accused Westminster Council of allowing developers to "buy out" their on-site affordable homes obligations at a "cut price", and losing out on a massive £31,130,387 as a result.

Ears were bound to prick up when a £5.25m apartment was offered "By Appointment of Receivers" earlier today, but few could have expected the address to be quite so prominent...

There's a great deal riding - and rising - on London's Southbank right now.

The seventh Luxury Property Show is looming: the Hurlingham Club in leafy Fulham will once again play home to many of the world's most swanky pads and big spenders as the Show rolls in to town on the 29th…

"We are not living in boom times" says a report from the Arbuthnot Banking Group.

Fancy brushing up on your knowledge of the capital's preeminent abodes? Better pop this in the diary then;

Marcus Cooper's magic touch has been in evidence again.

Strutt & Parker has snagged one of the top names in PCL resi sales with the appointment of Casper Tham from Sotheby's. Casper Tham

Number One Grosvenor Square, currently the Canadian High Commission, is to be sold off for either residential or hotel use.

It sounds like EA Shaw has had a good run following its acquisition by CBRE, with the agent's latest quarterly residential report showing rises in demand, prices and transactions across the board.

Stopgap lender Dragonfly has been involved in a pretty high-profile project on Dunraven Street, Mayfair...

Where square footage is at a premium, developing the space above a building can unlock sky-high rewards.