Location: United Kingdom
Redress scheme fields 45,000 consumer enquires
'Agents must strive to ensure that market valuations are reasonable', warns TPO, as competition for instructions heats up amid tougher conditions.
Planning logjams, bigger risks & shrinking margins: What it’s really like being a real estate developer in London right now
Russell Smithers, CEO of luxury developer REDD, pulls no punches in this account of the myriad challenges facing those delivering homes in the capital - and their potentially far-reaching consequences.
Profits tumble for major developer as higher interest rates hit housing market
Taylor Wimpey reports rising cancellations, falling reservations & borrowers taking on longer mortgages in latest set of financial results.
Winkworth confirms split with long-standing London franchisee
Estate agency branches are in a "transitional period" while legal proceedings complete.
Abrahmsohn on interest rates: Is the medicine worse than the ailment?
The BoE needs to be wary of double-dosing the patient later this week, warns veteran agent Trevor Abrahmsohn.
Demand still outstripping supply in PCL’s rental market
A drop in buy-to-let transactions during the pandemic has hit supply levels, reports LCP, and the average rent per sq ft is now 21% above the 10-year average.
Bidwells adds heavyweight research head
Oxford-Cambridge Arc property specialist hires top name from Schroders.
Buyer sought for super-prime doer-upper in Hampstead with ‘huge’ potential
This dated 1990s mansion, inspired by Franklin D. Roosevelt's country residence, could be transformed into a £22.5mn super-home, say agents.
Hefty £35mn deal lodged in Holland Park
The Land Registry has recorded a slew of large-scale sales in west London over recent weeks.
Record number of London development schemes stalled as difficulties grow
Survey shows around 70 significant projects are at a standstill, while new-build sales have fallen to their lowest level in 12 years.
In Pictures: Related Argent launches debut build-to-rent apartments in King’s Cross
Author King’s Cross has delivered 182 rental homes in central London, with interiors by Conran & Partners and David Phillips.
In Pictures: Chestertons gets into the festival spirit
Agency's summer bash saw over 500 staff in attendance, and CEO John Ennis taking to the decks...