Mortgaged home ownership dwindles to its lowest level since 1984 as the private rented sector balloons
English Housing Survey confirms the rise of rent, with the private rented sector doubling in size since 2004
Where in the UK has the level of home ownership dropped the most?
There rise of renting at the expense of home ownership in London is pretty well documented, but a new report indicates that it's not just a problem for the capital..
By Prime Resi
Buy-to-let sector a ‘ticking timebomb’ as major sell-off predicted for 2018/2019
Former financier and Maskells chief Charles Curran has analysed the likely effects of recent policy and regulatory changes combining with mortgage lending and tax issues, and concluded that many landlords …
By Prime Resi
The Redfern Review: Trends, causes & solutions for the decline of home ownership
British home ownership fell by 6.2% between 2002 and 2014; young people are being priced out of property; building more homes is no quick fix
By Prime Resi
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In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
By PrimeResi
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
By PrimeResi
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
By PrimeResi
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
By PrimeResi
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
Global sports star nets Bugatti-branded penthouse
Developer Binghatti reveals A-list buyer at latest ultra-luxe project in Dubai.
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The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
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In Pictures: Extraordinary Jersey mansion seeks £35mn
This 'Mayfair specification' super-prime house overlooking St. Brelade's Bay is 'the ultimate retreat for discerning homeowners', say agents.
By PrimeResi
Estate agents report another rise in agreed sales
Propertymark expects home buying & selling activity to 'accelerate over the coming months moving into 2025.'
By PrimeResi