Property industry bodies seek ‘real world’ views on Material Information rules
Propertymark and others want to 'generate ideas to drive evolution and ultimately help craft a system that keeps pace and can deliver maximum benefit to all users.'
Law Society survives no-confidence vote over material information rules
The Property Lawyers Action Group unsuccessfully argued that the new TA6 form may 'unnecessarily impose substantially increased criminal and civil liability on solicitors.'
Required Reading: National Trading Standards publishes full guidance on new Material Information rules
Providing prospective buyers or tenants with more up-front information about a property should result in shorter transaction times and fewer fall-throughs.
‘A Dickensian legal process’: Why property deals take so long to complete
Propertymark data shows that, in March 2016, 78% of transactions progressed from offer acceptance to exchange of contracts within 12 weeks; in March 2024, the figure had slumped to just 29%.
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Former Goldman Sachs exec launches North London buying agency
Sandra Luehrmann’s Properly Home has already secured a number of multi-million pound houses for clients.
Cluttons poaches Knight Frank star to head prime resi team
Laura Dam Villena will be leading the 'strategic vision' for Cluttons’ network of PCL branches, as venerable agency eyes an expansion in the sector.
Indian tycoon buys £8.5mn project on Grosvenor Square
'Shell and core' unit came with an illustrious past as the former residence of Countess Raine Spencer.
£11mn Mayfair townhouse snapped up in ‘ultra-fast’ deal
Former residence of Countess Raine Spencer on Farm Street sold within three days of listing, following a 'wave of enquiries from around the world'.
London Square development pipeline hits £2.7bn, up by 80% since acquisition by Aldar
Developer reveals massive growth & ambitions to 'deliver on its full potential' under new owner.
In Pictures: Cipriani Residences Miami’s London launch party
Mast Capital showcased its latest luxury branded residential project to Mayfair's deal-makers & glitterati last week.
20,000 sq ft mansion with ‘some of the best views in the South of England’ seeks £14mn
In Pictures: Nine-bed super-home in 45 acres hits the market in Kent.
‘Britain is being turned into the departure lounge’ warns non-dom lobby group
'The government is listening,' say lobbyists calling for a rethink on the abolition of non-dom status.
Buyer sought for ‘exceptionally rare’ development opp overlooking Hampstead Heath
1.21 acre swathe is on one of the most prestigious roads in Highgate.
Seasoned PCL agent joins self-employed broker platform
Josh Moutray-Read previously worked for Jackson-Stops and Marsh & Parsons in central London.
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Rare new-build townhouse hits the market in Chelsea
Double-fronted project by boutique developer Wilben is the first new house on Gertrude Street for over 170 years.
Super-prime specialist takes up MD role at Lanserring
Tony Vaccarino has joined the high-end design & interiors firm after more than a decade at Formation Architects.
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Eight Charts: Assessing the USA’s prime residential property market
Knight Frank looks into why America's real estate market is moving so slowly.
Ranked: Where homeowners have seen the biggest property capital gains
'Millions of UK homeowners are sitting on tens of thousands of pounds in property value gains since they moved into their current home, despite recent falls in house prices,' says Zoopla.