Price of the average London home on the rise as UK demand rockets August 28, 2024 The ‘average’ London home will now set you back more than £530,000 after house prices in the capital increased for the first time since April 2023, according to figures released today. Data from Zoopla’s latest house price index revealed that London property prices were up 0.2 per cent year on year in the first seven [...]
‘Magnificent’ Hyde Park penthouse on sale for £60m August 13, 2024 A £60m penthouse has gone on sale in Hyde Park in a tentative sign that the super-prime market may be turning towards bigger, more expensive homes again. The apartment, which is one of London’s biggest listings in 2024, includes “one of the largest private terraces in central London”, according to James Van Den Heule, co-founding director [...]
Savills hails ‘signs of market recovery’ as half-year sales and profit rise August 8, 2024 Sales and profit increased at estate agent Savills in the first half of 2024 as both commercial and residential markets begin to show signs of recovery. The FTSE 250-listed firm has reported a five per cent rise in its revenue, from £1.011bn to £1.063bn, in the six months ended June 30. Its underlying pre-tax profit [...]
Foxtons: London estate agent hikes dividend as turnaround plan gathers steam July 30, 2024 London estate agent Foxtons has bucked a pallid property market to report healthy rise in revenue and profit, and raise its dividend, in yet another sign of the turnaround being navigated by its new chief executive.
West End landlord GPE ready to ‘accelerate into favourable conditions’ July 4, 2024 In an update ahead of its Annual General Meeting (AGM) the real estate investment trust (REIT) said it had signed 12 new leases between April and the end of June.
Average London rent on the rise as price outside the capital reaches record high July 3, 2024 The average advertised monthly rent in London has continued to rise while prices outside of the capital reached a record high, according to Rightmove.
Thousands of new homes on Bromley-By-Bow gasworks given green light June 20, 2024 It has developed the design plans with RHSP Architects, which is also working on a similar gasworks concept, Broadway East in Bethnal Green.
Chelsea mansion on site of Henry VIII’s orchard goes on sale June 17, 2024 An eight-bedroom mansion situated on the site of King Henry VIII's Chelsea palace has been listed on the property market for nearly £16m.
Could Manchester eclipse London as the UK’s skyscraper capital? June 5, 2024 For years London has stood alone as the preeminent home to the largest and most visually-striking skyscrapers in the UK - but could that be about to change?
London prime property: How non-dom tax changes will impact the market May 28, 2024 Prime central London property prices are expected to fall by one per cent this year, after it was previously predicted they would rise by a percentage.