Location: United Kingdom
‘Signs of stabilisation’ as property supply picks up
"This month’s slight rebalance of the market is welcome news and a much-needed step in the right direction," says Propertmark's CEO, "with supply of property beginning to increase and the number of homes…
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
West Country estate agency on acquisition spree
Cooper and Tanner has made its second agency acquisition in as many months, acquiring Geoffrey Smith Ltd in Shepton Mallet and Midsomer Norton.
Investec backs Belgravia trophy home project with £16m loan
Renovation of Wilton Crescent mansion to deliver ‘flagship asset’ with a GDV north of £30m; PCL recovery to gain pace in the months ahead, says firm.
Estate agent: ‘The supercars are back’
First signs reported of wealthy Gulf buyers returning to PCL.
LCP founder’s new venture promises ‘a new alternative to renting’
Naomi Heaton‘s members’ club & lifestyle brand, The Other House, will be launching 200 ‘club flats’ at its first location in South Ken next year.
Stamp duty receipts above average despite holiday
Latest data shows strength of the prime market & continued interest from overseas buyers - despite the new surcharge…
Construction giant pulls back from London resi market
Balfour Beatty confirms it will ‘no longer bid for fixed price residential property projects in central London’ as Covid-19 disruption leads to delays & write-downs.
London rental market resurgence ‘in full swing’
‘The tide has now turned’, declares Benham & Reeves, as values bounce and stock levels decline
Surrey planners approve a new ‘Para 80’ country house clause project
Manser Medal-winning architecture practice Eldridge has secured approval for a contemporary country mansion in the Surrey Hills, under the newly-updated Paragraph 80 of the NPPF (formerly Para 79).
More high-end stock going under the hammer – Knight Frank
Auctions are an increasingly popular choice for clients fed up with delays, says Knight Frank, reporting recent sales including a £1.
HMRC hits agencies with hefty fines for AML breaches
Reminder to stay on top of admin as buying agency and two estate agencies are penalised for non-compliance.