Location: United Kingdom

Latest Land Registry data confirms another trophy home sale on the Phillimore Estate.

Housebuilder acquired the ten-acre parcel near Crowthorne from Cala Homes.

In a typical year, only around half of properties listed for sale on Rightmove successfully find a buyer. That has jumped to nearly 70% in the last year or so.

Property developer Ballymore and supermarket chain Sainsbury's are drawing up plans for a "major mixed-use canal side town centre" in West London, which could deliver up to 2,800 new homes.

"The public benefits offered would not clearly outweigh the harm," said Sadiq Khan as he rejected Reselton's proposal to create 1,250 new homes on the former Budweiser brewery site in West London.

A £2m down-valuation? Don’t bet against it…

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Sale of ‘significant’ freehold townhouse on Farm Street is a positive sign for the market, say agents.

"We expect super-prime sales to end 2021 on a high," says Knight Frank, as it flags a significant jump in US$10m+ deals across seven major global wealth hubs so far this year.

“It’s been an extraordinary period and I’ve never experienced anything like it," says Tom Stewart-Moore, head of Knight Frank’s rural business in Scotland.

Nearly 80,ooo firms were classified as being in significant financial distress in Q2.

Letting agents reported a record number of new prospective tenants per branch in June, according to Propertymark.