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One in six homes is selling for more than the original asking price, reports Propertymark - the highest proportion recorded since May 2014.

Ashley Wilsdon & Ben Horne step up at Mark Parkinson & Tom Hudson’s acquisition firm, which has also expanded its offering to cater for former clients.

Hotels may dominate the international branded residence space, but there's scope for lifestyle brands - from food and drink to fashion and tech - to move into the sector, suggests Riyan Itani.

5,306 square foot spread in Imperial Wharf comes with over 3,000 square feet of terraces and is being billed as ‘one of the finest riverside penthouses currently for sale in London’.

In Pictures: Development of the original Chelsea porcelain factory site in SW3 has created a "modern interpretation of Chelsea townhouses" alongside four new apartments behind a restored facade.

Gary Hersham's high-profile agency launches a flagship branch in 'one of the most vibrant markets in London', and confirms further expansion plans are underway in America, the Gulf states and Asia.

“There’s a supply crunch coming down the line in prime lettings markets this summer," warns Knight Frank, while Savills tells of a "fundamentally undersupplied" market in the Home Counties.

While many Londoners did exit the city for more space over the last year, just as many realised the importance of being near amenities, friends and family, writes developer Christopher Murray.

The developer has created five apartments and a £6.5m townhouse from a site in the Oxford Gardens Conservation Area.

The agency's property management division now looks after more than £1.5bn of rental properties and private homes across PCL.

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Completed in 1874 for the Hughes copper mining family, the Grade I listed Kinmel Hall was once one of the great houses of Wales.