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News related to london

Prime central London market sees sales fall 45% since last year
2014-07-16 08:38:27 [Europe]
House sales transaction levels in central London’s prime property market are down 45% compared to June 2013, according to a new report.Read full article: [Prime central London market sees sales fall 45% since last year]
 
Further signs that prime property market in London is slowing
2014-07-08 17:36:52 [Europe]
There are further signs that the central London prime property market is slowing with the latest report from agents showing viewings and registrations falling.Read full article: [Further signs that prime property market in London is slowing]
 
Number of overseas investment buyers in London overestimated, new research suggests
2014-07-03 16:33:21 [Europe]
Overseas investors buying property in London to let out rather than live in only account for an estimated 7% of all greater London residential transactions, new research shows.Read full article: [Number of overseas investment buyers in London overestimated, new research suggests]
 
London Mayor launches new planning guidance
2014-07-02 15:36:12 [Europe]
The Mayor of London, Boris Johnson, has published detailed planning guidance to ensure that future developments enhance the rich character of the city.Read full article: [London Mayor launches new planning guidance]
 
Rental growth in prime markets of Nairobi and Dubai outpacing London and HK
2014-07-02 12:43:03 [Global News]
Prime residential rental growth in emerging markets such as Nairobi and Dubai continues to outpace that of the traditional financial centres of London and Hong Kong.Read full article: [Rental growth in prime markets of Nairobi and Dubai outpacing London and HK]
 
Demand strong for prime property in key London areas, but must be priced to sell
2014-07-01 14:10:33 [Europe]
Despite mixed messages on the health of the housing market in London, demand for property in key locations in Notting Hill, Holland Park and Kensington remains strong. Read full article: [Demand strong for prime property in key London areas, but must be priced to sell]
 
Kensington and Chelsea most expensive location in the UK
2014-06-30 08:31:00 [Europe]
Areas in London and the South East are continuing to dominate the UK’s list of most expensive places for property on a per square metre basis, new research shows.
Read full article: [Kensington and Chelsea most expensive location in the UK]
 
Prime London property prices slow to 1.1% growth in second quarter of 2014
2014-06-26 15:49:55 [Europe]
Prime London property values rose by an average of just 1.1% in the second quarter of 2014, bringing year to date growth down to 4.9%, according to the latest index.Read full article: [Prime London property prices slow to 1.1% growth in second quarter of 2014]
 
New research shows how London property prices have soared
2014-06-24 07:53:30 [Europe]
New research highlights the disproportionate growth in the London housing market when compared to the rest of the UK since the last general election in May 2010.Read full article: [New research shows how London property prices have soared]
 
Property supply in London down 9.5% in May, latest index shows
2014-06-20 13:23:24 [Europe]
A surge in supply and fall in the number of new buyers in the London property market is putting the brakes on the city’s residential real estate growth.Read full article: [Property supply in London down 9.5% in May, latest index shows]
 
New powers for Mayor of London to drive through 50,000 new homes
2014-06-18 09:35:44 [Europe]
With the need for housing particularly acute in and around London, ministers have outlined plans to give the Mayor greater powers to deliver new homes.Read full article: [New powers for Mayor of London to drive through 50,000 new homes]
 
Prime property lettings market in London sees growth in first quarter of 2014
2014-06-17 12:07:59 [Europe]
London's prime residential lettings market witnessed an increase in activity in the first quarter of the year with agreed lets 6.2% higher and newly registered applicants up by 7.7% compared to the same period in 2013.Read full article: [Prime property lettings market in London sees growth in first quarter of 2014]
 
UK govt to fast track brown field site planning for new homes
2014-06-16 14:30:30 [Europe]
Thousands of new homes will be built on unused and previously developed land in the UK under radical new plans to make it easier to use brownfield sites.Read full article: [UK govt to fast track brown field site planning for new homes]
 
IMLA warns against sudden interest rate hike as UK mortgage market slows
2014-06-16 08:21:26 [Europe]
The UK is experiencing a mismatch in housing and mortgage activity and the Bank of England should be cautious about raising interest rates, it is claimed.Read full article: [IMLA warns against sudden interest rate hike as UK mortgage market slows]
 
UK property industry hits out at call for mortgages to be restricted
2014-06-12 11:12:58 [Europe]
UK Business Secretary Vince Cable has stepped in the housing price debate by calling for action to be taken to stop a property boom which he claims is getting out of control in parts of the UK.
Read full article: [UK property industry hits out at call for mortgages to be restricted]
 
More British buyers entering the London prime property market, research suggests
2014-06-11 08:49:21 [Europe]
Fewer rich foreign buyers are seeking to invest in safe haven properties in London with the latest analysis showing a rise in British buyers for prime real estate in the centre of the city.
Read full article: [More British buyers entering the London prime property market, research suggests]
 
Corporate rental market changing to suit expat work patterns
2014-06-09 20:18:55 [Global News]
As companies look to expand their global operations into emerging markets and strengthen their foothold in existing locations, the corporate rental market is changing, especially in major cities.Read full article: [Corporate rental market changing to suit expat work patterns]
 
40 year old law to change to allow London home owners to let short term
2014-06-09 16:52:31 [Europe]
New measures are to be introduced that will end outdated rules from the 1970s preventing London residents from renting out their own homes on a short term basis to visitors.Read full article: [40 year old law to change to allow London home owners to let short term]
 
Lack of new homes being built in London becoming critical says new report
2014-06-06 15:43:17 [Europe]
The housing shortage in London is reaching critical levels as house building fails to keep pace with population growth and wages lag behind housing costs, according to a new report.Read full article: [Lack of new homes being built in London becoming critical says new report]
 
Prime property market in London has plateaued as prices stabilise, it is claimed
2014-06-04 08:06:33 [Europe]
The prime property sector in London has reached the top of the market with prices stabilising and the number of registered buyers falling, according to the latest report from agents Marsh & Parsons.Read full article: [Prime property market in London has plateaued as prices stabilise, it is claimed]
 
London’s first ever private rental standard scheme launched
2014-06-02 12:57:32 [Europe]
The Mayor of London has launched the first ever rental standard, a city wide badge of accreditation, to help millions of Londoners rent with confidence, and to give the city's 300,000 landlords peace of mind.Read full article: [London’s first ever private rental standard scheme launched]
 
Prime central London property market heading for 0% growth next year
2014-05-30 08:17:44 [Europe]
The supply of property is growing faster than demand in prime central London and recent strong growth means buyers have become more cautious and sensitive to high prices.Read full article: [Prime central London property market heading for 0% growth next year]
 
More London buyers moving out of the capital city, research suggests
2014-05-29 12:00:25 [Europe]
This year has seen buyers moving from London to a commuter location as they take advantage of the property value gap, according to a new analysis.Read full article: [More London buyers moving out of the capital city, research suggests]
 
Mortgage lending down in Greater London in first quarter of 2014
2014-05-28 12:44:32 [Europe]
Mortgage lending in Greater London showed an expected seasonal dip in the first quarter of 2014 but compared to the same time last year there has been significant growth in all borrower types, according to the latest data from the Council of Mortgage Lenders.Read full article: [Mortgage lending down in Greater London in first quarter of 2014]
 
Rental landscape in London changing as more landlords seek capital growth
2014-05-27 15:35:18 [Europe]
The residential rental landscape in London is changing fast with buy to let investors no longer necessarily chasing high yields but also looking for capital growth alone, it is claimed.Read full article: [Rental landscape in London changing as more landlords seek capital growth]
 
Report highlights shortage of more affordable homes in London
2014-05-26 15:17:10 [Europe]
London needs 50,000 new homes a year and over 80% of that need is for properties costing no more than £700 per square foot, reflecting what Londoners can afford to pay, new research suggests.Read full article: [Report highlights shortage of more affordable homes in London]
 
London tops the ranking for global luxury property, new report finds
2014-05-23 12:28:08 [Global News]
London has topped the rankings of luxury property markets in the world for the second year in a row according to a new report from Christie’s International Real Estate.Read full article: [London tops the ranking for global luxury property, new report finds]
 
London mayor backs plan for 3,000 new homes in Hackney
2014-05-22 14:50:21 [Europe]
Plans have been approved to undertake one of the biggest every housing estate renewal schemes in London.Read full article: [London mayor backs plan for 3,000 new homes in Hackney]
 
Average London property prices up over 26% year on year, latest data shows
2014-05-22 09:34:21 [Europe]
Average London property price reached £501,056, up 26.1% annually and 4.3% on month, according to the latest data from independent estate agent network haart.
Read full article: [Average London property prices up over 26% year on year, latest data shows]
 
UK house prices up by 8% year on year in March, down slightly from previous month
2014-05-20 12:50:21 [Europe]
UK house prices increased by 8% in the year to March 2014, down slightly from February when the annual rise was 9.2%, the latest data from the Office of National Statistics shows.Read full article: [UK house prices up by 8% year on year in March, down slightly from previous month]
 
Popularity of new build apartments making London prime houses better value
2014-05-19 10:48:07 [Europe]
There is a growing disparity between the price per square foot value of houses and new build apartments in central London, buying agents have found.Read full article: [Popularity of new build apartments making London prime houses better value]
 
UK home owners expecting interest rates to rise
2014-05-19 08:50:17 [Europe]
Home owners in the UK were already anticipating a rise in interest rates before the governor of the Bank of England warned that the property market is in danger of overheating.Read full article: [UK home owners expecting interest rates to rise]
 
Property prices up over 20% in London in last year
2014-05-15 14:14:23 [Europe]
The growth in national average home prices in the UK have increased by 9.2% in the last 12 months while in London they are rising at a worrying pace, it is claimed.Read full article: [Property prices up over 20% in London in last year]
 
House builders call for more land to be released in London for new homes
2014-05-14 14:14:15 [Europe]
House builders have challenged councils in London to release the land needed to address the worsening housing crisis in the city.Read full article: [House builders call for more land to be released in London for new homes]
 
UK commercial property market see higher returns, but rates slowing slightly
2014-05-12 12:52:58 [Europe]
After a very strong performance recorded in the first quarter of 2014, April’s returns across all UK commercial property continued to increase but at a slightly slower rate than in the previous month.Read full article: [UK commercial property market see higher returns, but rates slowing slightly]
 
Three bedroom properties in the prime London market see prices rocket in last year
2014-04-29 09:45:55 [Europe]
The value of three bedroom properties in the prime London market have increased by over £700 a day in the last year, new research shows.Read full article: [Three bedroom properties in the prime London market see prices rocket in last year]
 
London sees prices soar almost 30% in the last 12 months, latest data shows
2014-04-22 16:01:06 [Europe]
London property prices continue to climb with the latest data showing they have increased by 29.5% annually while in the rest of the UK prices are up 7.4% over the last 12 months.Read full article: [London sees prices soar almost 30% in the last 12 months, latest data shows]
 
Average property prices in London's Canary Wharf soar due to high demand
2014-04-15 07:51:10 [Europe]
Strong demand has forced average pricing in Canary Wharf up to around £750 per square foot, with some of the best units at new schemes pushing towards £1,100 per square foot, a new analysis shows.Read full article: [Average property prices in London's Canary Wharf soar due to high demand]
 
Analysis suggests how politics can affect the prime London property market
2014-04-09 12:26:30 [Europe]
Prime central London prices have risen by more than two thirds since their post Lehman Brothers low point but it is politics as much as economics that have had an impact on values, according to a new analysis.Read full article: [Analysis suggests how politics can affect the prime London property market]
 
A UK mansion tax would hit home owners most in just three locations in London
2014-04-09 09:57:05 [Europe]
Over 80,000 homes in the UK would be liable to a mansion tax if it were introduced, a move that has been proposed by some politians and not yet ruled out by the government.Read full article: [A UK mansion tax would hit home owners most in just three locations in London]
 
Prime property sales in some central London areas slowing
2014-04-08 08:07:40 [Europe]
Prime property sales in some of the most desirable locations in London are slowing and price growth at the upper end is patchy, according to a new market analysis.Read full article: [Prime property sales in some central London areas slowing]
 
Battersea power station phase three launched
2014-04-07 15:22:43 [Europe]
Plans for Phase Three of the iconic Battersea Power Station development in London, which included a new pedestrianised shopping street, have been unveiled.Read full article: [Battersea power station phase three launched]
 
London Mayor by passes councils and approves thousands of new homes
2014-04-03 11:15:04 [Europe]
The Mayor of London has approved plans to build thousands of homes in London after planning authorities either refused or where unable to deal with the applications.
Read full article: [London Mayor by passes councils and approves thousands of new homes]
 
Rents in London’s prime rental sector up slightly by 0.1% in first quarter of 2014
2014-03-26 13:48:27 [Europe]
Prime rents in London increased modestly by 0.1% in the first quarter of 2014, in contrast to the small falls seen in rents at the end of 2013, according to a new report.Read full article: [Rents in London’s prime rental sector up slightly by 0.1% in first quarter of 2014]
 
UK average asking prices up 3.3% month on month, latest index shows
2014-03-19 15:34:31 [Europe]
New sellers have helped push up property prices in the UK, with the average asking price seeing a rise of 3.3% or £8,103 last month, according to the latest data from Rightmove. Read full article: [UK average asking prices up 3.3% month on month, latest index shows]
 
New development body to be created to oversee thousands of new homes in West London
2014-03-19 09:12:13 [Europe]
Ambitious plans to transform one of the most deprived parts of London into a thriving new district with up to 24,000 new homes have moved a step closer, it has been announced. Read full article: [New development body to be created to oversee thousands of new homes in West London]
 
Shortage of property in the UK means eight new buyers after every new instruction
2014-03-17 09:42:05 [Europe]
Eight new buyers are chasing every new property instruction in the UK and new buyer registrations have risen by over quarter, according to new research.Read full article: [Shortage of property in the UK means eight new buyers after every new instruction]
 
Mayor calls for institutional investors for build to rent schemes in London
2014-03-14 12:27:57 [Europe]
Institutional investors such as pension funds and insurance companies are being sought to get involved in building thousands of new homes to rent in London.Read full article: [Mayor calls for institutional investors for build to rent schemes in London]
 
New rail network in London already boosting property transactions, new research shows
2014-03-13 11:04:16 [Europe]
Crossrail, London’s major transport innovation, is already having an impact on the property market with transactions within 500 metres stations increasing by 23% last year.Read full article: [New rail network in London already boosting property transactions, new research shows]
 
London Mayor ask developers to pledge to sell new homes to Londoners first
2014-03-12 13:36:43 [Europe]
London Mayor Boris Johnson wants new homes in London to be offered for sale to Londoners first and is asking  developers to join him in a new deal or concordat.
Read full article: [London Mayor ask developers to pledge to sell new homes to Londoners first]
 



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