Location: United Kingdom
Rents rise in the prime commuter belt but fall in London, as tenants ‘make real lifestyle changes as a result of Covid-19’
Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years.
Developer loses £10m property empire in ‘milestone’ UWO case
Leeds-based businessman surrenders 45 assets - including properties in Chelsea and Knightsbridge - following 'groundbreaking' NCA investigation.
Property prices continue to rise – UK HPI
Today's UK HPI brings the official house price index back up to speed following the Spring Coronavirus lockdown hiatus. It tells of a 0.5% rise in average prices through July.
Busting the London ‘exodus’ myth
Business has been booming for regional agents since lockdown restrictions were lifted in May, but Londoners need to consider whether moving out to the shires is sustainable in the long-term, warn Camilla…
CBRE’s Samworth to step down
The chairman of the firm’s APAC/EMEA advisory services division will be leaving his post at the end of the year.
Resi developer sought for two major East London sites
The London Legacy Development Corporation is on the hunt for a Joint Venture partner to deliver £600m of residential-led developments across two sites at the Queen Elizabeth Olympic Park in Stratford,…
RBKC & Westminster named as UK’s ‘coldest’ property markets
Demand levels in the UK's most expensive boroughs are running well below the national - and London average - according to analysis of data from the major property portals...
In Pictures: Christian Candy lifts the lid on 80 Holland Park
25-unit scheme on the northern flank of Holland Park - billed as the tycoon’s ‘most significant resi development since One Hyde Park’ - is finally finished and ready to go...
Westminster launches its own development vehicle
Wholly-owned by the PCL council, Westminster Builds will be delivering new homes ‘across all tenures’, along with regen projects both in the borough and across the rest of London.
Homes England looks to offload 135-acre Panshanger Aerodrome development site
Savills has been appointed by the Government's housing body to find a buyer for one of Eastern England's biggest resi development prospects, in Welwyn Garden City, with a GDV of c.£250m.
New ‘luxury hybrid’ estate agency launches in Cheshire
A new estate agency has launched in Cheshire, covering a prime patch around Hale, Hale Barns and Bowdon.
Strutt & Parker combines Knightsbridge & Chelsea teams on Sloane Street
135-year-old estate agency Strutt & Parker is combining its long-established Chelsea SW3 residential team with its Knightsbridge operation, in the firm’s flagship office at 66 Sloane Street.