Resi is “no longer commercial property’s poor relation” as fund flies
Market woes hit PCL property fund
London Central Portfolio Property Fund sees net asset value fall by nearly 20% as political uncertainty and tax changes eventually take their toll; investors are playing the long game, says LCP boss Naomi…
By PrimeResi
UK property prices have increased three-times as fast as earnings since 2008
The average value of a UK home has risen by 43% over the last decade, while the average wage has increased by 15% - and mortgage payments have trickled up by just 3%
By PrimeResi
‘The balance of power between the capital and the rest of the country has really started to shift’, says property lender
'We’re witnessing a fundamental step-change in the market', says Octane Capital, with PRS investors looking to regional destinations beyond London
By PrimeResi
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Shell and core penthouse picked up in sales surge at luxury Westminster scheme
11 units were sold in a seven-day, £32mn flurry at Northacre's The Broadway.
Bayswater ‘well on the way’ to catching up with its prime London neighbours
Values are on the rise in the neighbourhood to the north of Hyde Park, along with its profile, as a trio of 'game-changing' schemes take shape.
Top-end property agency to open flagship Mayfair showroom as new owner looks to ‘transform’ luxury market
UK Sotheby's International Realty is rolling out some 'transformative' changes - including three new high-profile locations - designed to 'reshape the way exclusive real estate is bought, sold & rented'…
JLL buyout creates new estate agency
JLL's offices in Manchester, Leeds and Liverpool are now operating as 'Kingsdene', following a buyout by Louise Emmott, Oliver Dolan and Lynsey Smith.
By PrimeResi
‘One of the capital’s finest residences & a piece of British history’: Ultra-prime Winch-designed penthouse unveiled at The OWO
Buyer sought for 7,700 sq ft 'jewel in the crown' at reworked Whitehall landmark.
Chestertons recruits Foxtons’ Ops Director to lead Kensington sales
Seasoned PCL estate agent Ian Barrett has moved from Foxtons to Chestertons on Kensington High Street.
By PrimeResi
American family rents Hampstead ‘castle’ for £250k pa
Estate agency reports a flurry of high-value deals involving American money, including a tenant who paid nearly quarter-of-a-million pounds up-front for this Windsor Castle-inspired home in London.
By PrimeResi
‘Sticky’ PCL set for deal drought as buyers & sellers enter deadlock
It will take time for vendors to accept the fact that buyers are far more price sensitive these days, says Black Brick.
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Major lender pauses mortgage deals for new customers
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