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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Regent’s Park’s ‘White House’ reportedly set to resell at £190mn
The deal would represent a significant uplift in The Holme's value since 2024.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
LATEST ARTICLES
Chestertons names new lettings boss
Long-serving exec steps up to lead major London agency's lettings division.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
Listen: Anthony Payne & Tom Bill unpack the Prime London property market
The LonRes CEO joins Knight Frank's head of UK resi research to discuss how different micro-markets are faring, recent trophy-home deals, investor retreat and why stability matters more than a stamp duty…
Prime homes aren’t overpriced – they’re under-marketed, says luxury agent
'The prime property market isn't the problem; the agents are,' declares Melanie Attwater of eXp's new high-end division.
UAE developer puts down roots in Prime Central London
Dubai-based operator opens Knightsbridge office as Gulf property groups continue to make moves in the capital.