Location: United Kingdom
Estate agency directors disqualified over price fixing cartel
Two agency bosses have been banned from a running a company for six-and-a-half years, after a CMA investigation found that they had conspired to fix commission rates for nearly seven years.
The property market is showing ‘far more resilience than had been expected’
There's been "a strong initial bounce-back in all metrics" since the property market lockdown was lifted on 13th May, reports Rightmove - but 175,000 vendors are "missing the market".
Landlords’ average capital gain sinks again
Landlords who sold a property in 2019 typically owned it for 9.1 years and sold it for £78,100 more than they paid for it.
Record levels of offers accepted as ‘traction’ returns to the market
The number of deals struck outside London hit an all-time high earlier this month, reports Knight Frank, while the gap between asking and achieved prices is narrowing...
£16m townhouse tucked away on Egerton Crescent
Buyer picks up 'immaculate' Katherine Pooley-designed residence on one of PCL's best addresses
King Constantine II’s ‘showstopping’ former London home goes for over £6m
Glentree sells Arts & Crafts-style Hampstead mansion with a glittering past
Native Land bolsters senior team with raft of promotions
Major-scale investor and developer names four new managing directors, and a new head of private transactions, as UK-wide expansion continues
Scottish prime ‘keeps moving’ as Kildrummy Estate sells at £11m+
The sale of a grand rural estate in Aberdeenshire is indicative of an active market, says Savills.
Government calls in U+I’s £500m Albert Embankment scheme
Housing Secretary Robert Jenrick has called in the £500m development of 8 Albert Embankment, six months after the project was given the green light by Lambeth Council.
Iconic Salcombe estate sails through above asking
Four buyers fought it out over the glorious Fort Charles, which has three acres of super-prime foreshore in south Devon's yachting mecca.
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
Slovakia’s JTRE snaps up PCL developer Sons & Co; secures £177m loan for South Bank scheme
JTRE has agreed a hefty construction loan on its £400m Triptych Bankside project next to Tate Modern, and acquired the well-known boutique development firm Sons & Co