Location: United Kingdom
52 nationalities spent £2.2bn off-plan in London last year
Foreign buyers splashed £2.2 billion on new-build homes in London last year, compared to a paltry £1.8 billion in 2011, according to more stats from Knight Frank.
Prime Trends: French buyers
The introduction of stringent adverse tax legislation by Francois Hollande has triggered an exodus of wealthy French nationals, buying homes outside of France.
Up to 40% of purchases in the South East are buy-to-let
The buy-to-let market has picked-up across London and the South-East, according to Kinleigh Folkard & Hayward's new Buy-to-Let Report, and now accounts for 30-40% of all property sales in areas such…
Luchford to put Kings Reach Tower back in the headlines
CIT, the "propertunistic" private equity business behind the development of King's Reach Tower on London's South Bank, has appointed high-end PR specialists Luchford APM to make sure that the landmark…
Scottish prime property prices slip in 2012
Prime property prices in Scotland fell a wee bit further in Q4 2012, taking the annual drop to 2.7%, according to the latest from Knight Frank.
Battersea Power Station 75% reserved
It looks like hype has converted into buyer action, as 600 of the 800 first phase resi units at Battersea Power Station have already been reserved, less than a week after sales kicked off, according to…
Council “should not interfere with the market” as thumbs-up for Caudwell’s Mayfair resi scheme
Westminster council has overturned a planning officer's recommendation of refusal on John Caudwell's scheme to turn a Mayfair carpark into a 24-unit luxury resi development, arguing that the council "shouldn’t…
Jones Lang LaSalle gets nod for Battersea Power Station international sales
The residential team at Jones Lang LaSalle has just been announced as Battersea Power Station's international sales agent.
London’s super prime property market smashes records
2012 was a record year for the capital's £5m plus market, according to Savills, with over 400 documented sales (with a total value of over £4.1 billion) and a rise in per square foot values.
Racing green shoots: Knight Frank opens new homes desks in Bristol and Bath
Knight Frank has opened new desks in Bristol and Bath dealing exclusively with the sale of new homes.
Battersea fallout
Can Battersea Power Station create a genuine community from scratch, asks Sourcing Property's Jo Eccles...
In search of the secret shires
Clients have a great opportunity to cash up in London and buy in the country (if you know where to look), says Rachel Johnston of Stacks Property Search...