Location: United Kingdom
Banks limit lending on high-end homes
'Using an automated valuation and a bit of Google Street View is considered too legally risky for the more expensive properties', says one lender
Friday Showcase: Ten featured prime resi listings
A weekly stock check, powered by LonRes
Deutsche Bank predicts a 20% slump for UK house prices
Everyone agrees that transaction volumes will plunge, but opinions are divided over the impact of the Coronavirus on property values...
£7.5m penthouse tucked away on Ennismore Gardens
Rare £5m-plus deal goes through in locked-down PCL
UK property sector ‘centuries behind the US’, says ambitious London firm
Fitzrovia-based Montague Property is looking to make inroads into LA's luxury real estate market
Borrower secures £7.5m to refurb Belgravia mega-mansion
Property lender Century Capital overcomes market challenges to complete three chunky financing deals, involving a £30m renovation project in Belgravia, a £40m resi scheme in Kings Cross, and a £2m Chelsea…
Lettings market still moving says major London agency
Chestertons has agreed nearly 200 new tenancies and brought over 800 properties to market since the lockdown began
Historic England launches £2m emergency fund for hard-hit heritage specialists
The UK's heritage body extends a 'safety net' to small-scale operators affected by the pandemic
UK’s ‘frozen’ mortgage market begins to thaw
Lenders are raising LTVs, embracing desktop valuations and hunting for business, notes Knight Frank
Community Infrastructure Levy is ten years old, but Covid-19 is its biggest test
Introduced a decade ago this month, CIL’s inflexibility could prove its downfall if the forthcoming downturn is anything other than a short sharp shock, writes Miles Gibson
Average property prices dipped in February – UK HPI
London prices climbed by 2.3% over the year to March - the biggest annual increase of any English region.
Virus fallout ‘will put significant pressure on supply chains’ but could quell rising construction costs
"When we come out of this, we may well end up working differently, and many [building] companies where they are able will look to significantly shorten supply lines," says Knight Frank.