Royal apartments dubbed the “One Hyde Park of their day” go on sale in London’s Mayfair June 1, 2015 When the Candy Brothers' One Hyde Park development went on sale with the most expensive flats in the world back in 2011, Londoners scoffed at their £65m price tags. But it's not the first time the capital has played host to some of the world's most exclusive apartments: in the early 19th century, the voluminous [...]
FA Cup final 2015: Arsenal Vs Aston Villa at Wembley is a tale of two cities’ property prices in London and Birmingham May 29, 2015 Arsenal and Aston Villa may be meeting up at Wembley this weekend in the FA Cup final, but there’s more than just mileage and points between the two Premier League clubs. Their home turfs of Birmingham and London show a tale of two cities divided by a gap of more than a quarter of a [...]
Mansion tax, shmansion tax: This £24m Notting Hill home sold just before the General Election May 29, 2015 Property types may have been worried about the looming spectre of a mansion tax during the run-up to the General Election – but that concern clearly didn't stretch to one billionaire buyer, who forked out £24m on a house in Notting Hill. An "unmodernised" end-of-terrace home on Kensington Park Gardens, which comes complete with eight [...]
End of mansion tax threat lifts top tier of London’s property market May 25, 2015 The higher end of the London housing market is seeing market volumes return following Labour’s defeat in the General Election, ending the threat of a proposed mansion tax on properties over £2m. The number of properties over £2m listed on Getagent.co.uk, an estate agent comparison site, more-than doubled in the weeks after the national vote, [...]
London barometer: House offers on the rise after General Election uncertainty May 21, 2015 Despite the crippling effect of election uncertainty, offers received in April were up 15 per cent on last year indicating a strong appetite among vendors and applicants to do business. After a fiercely contested and unpredictable campaign period, figures show that the market lost patience waiting for a political outcome. As forecast in previous [...]
London house prices soaring above the rest of the UK with average cost now £498,000 May 19, 2015 House prices in the capital continue to outpace prices in the rest of the UK, according to the latest figures from the Office for National Statistics (ONS). London house prices were up 11.2 per cent in the year to March 2015, compared to a nationwide average of 9.6 per cent, according to the ONS house price [...]
London property prices: The five most expensive high rise homes on earth May 18, 2015 Londoners may complain about the capital's glut of so-called "luxury" apartments – but the capital isn't the only place where luxury living has become a serious business. Last week, Tel Aviv's Meier on Rothschild tower, completed this year, said it had made £165m of sales, including a penthouse which sold for £10m, setting a new [...]
Nigel Farage’s unresignation, Mayoral candidates and the Avon lady’s funny turn: Here’s what got us talking this week May 15, 2015 It was the week we dealt with the fallout of the election – including the coining of the phrase “doing a Farage” (aka “taking an extra day off to prolong the weekend”). What got us talking this week 1. Barage of Farage Some called it Ukip’s Easter (“on the third day, he rose again”), [...]
London property prices: Check out how much outdoor space can add to the value of your home May 15, 2015 You can't put a price on fresh air – unless it's in London, that is, in which case the price of fresh air is about 12 per cent of your property's value, according to research from Marsh & Parsons. The estate agent reckons a bit of outdoor space – ie. a roof terrace or balcony [...]
Four charts that sum up the week: Sterling rallies, UK growth forecast cut, London house prices rise and Europe beats Britain May 15, 2015 London house prices ended seven months of decline, the Bank of England said it was feeling less optimistic about the UK economy and the French economy sped ahead of Britain and Germany in the first quarter, this week. Here are four charts that sum up what happened. 1. London house prices are on the up again, [...]