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News related to london

Supply of residential property in London unlikely to keep up with demand over next decade
2013-06-17 10:39:11 [Europe]
The supply of new housing in London will fail to keep up with demand over the next 10 years which means that the city’s property market is likely to continue to outperform other parts of the country.Read full article: [Supply of residential property in London unlikely to keep up with demand over next decade]
 
London mayor outlines home building vision for next decade
2013-06-13 09:12:01 [Europe]
Housing has a key role to play in making sure that London has a secure future as one of the best big cities in the world, according to Mayor Boris Johnson.Read full article: [London mayor outlines home building vision for next decade]
 
UK prime property prices set to grow by almost 30% by 2017, it is claimed
2013-06-11 13:15:21 [Europe]
Prime property prices in the UK are set to accelerate nearly 30% over the next five years with growth of 5.5% expected in 2013.
The latest mid year forecast from agents Chesterton Humber is upbeat although it points out that there will be regional differences.
Read full article: [UK prime property prices set to grow by almost 30% by 2017, it is claimed]
 
UK property prices up 0.4% in May, according to latest Halifax index
2013-06-07 09:45:23 [Europe]
Residential property prices in the UK increased by 0.4% in May, the fourth consecutive monthly rise and indicates that prices are gradually picking up.Read full article: [UK property prices up 0.4% in May, according to latest Halifax index]
 
High rents pushing tenants beyond traditional prime central London, research suggests
2013-06-06 13:49:38 [Europe]
Residential rents in prime central London rose by 1.7% in the first quarter of 2013 and tenants are being drawn further out in search of lower rents, new research shows.
Read full article: [High rents pushing tenants beyond traditional prime central London, research suggests]
 
Prime central London property rental market is buoyant according to agents
2013-06-05 14:44:02 [Europe]
The prime lettings market in central London is active due to a shortage of family homes and increasing demand, the latest monthly report from sales and lettings agents W.A. Ellis shows.Read full article: [Prime central London property rental market is buoyant according to agents]
 
More properties in London set to see average prices above £2,000 per square foot
2013-06-04 10:01:33 [Europe]
Over the next decade new build homes in Lambeth, Finsbury Park, Shepherds Bush and Shoreditch in London could be worth an average of £2,000 per square foot, according to new research from CBRE.
Read full article: [More properties in London set to see average prices above £2,000 per square foot]
 
Middle East and Asian buyers increasingly seeking new build property investment in London
2013-06-03 09:51:20 [Global News]
New build property in London is proving to be a big attraction for foreign real estate investors with demand increasing from Asia and the Middle East, according to property firm Cluttons.Read full article: [Middle East and Asian buyers increasingly seeking new build property investment in London]
 
Strong European office markets offering the highest rental discounts
2013-06-03 08:15:26 [Europe]
Office property markets in Europe that are perceived as being stronger are offering the highest rental discounts to tenants, new research shows.Read full article: [Strong European office markets offering the highest rental discounts]
 
Almost half of Londoners now rent rather than owning property, new research shows
2013-05-27 10:12:18 [Europe]

The dynamics of London's property rental market are experiencing a major sea change with almost half of Londoners now in rental properties, a new report shows.
Read full article: [Almost half of Londoners now rent rather than owning property, new research shows]
 
Gardens and roof terraces add premium to most sought after properties
2013-05-22 13:50:55 [Europe]

Gardens and roof terraces can boost the value of a property by as much as 30% or more in some cases, especially in sought after areas of London, research suggests.
Read full article: [Gardens and roof terraces add premium to most sought after properties]
 
Property owners in the UK more confident about price rises
2013-05-17 15:04:37 [Europe]

Home owners in London are more confident that the value of their property will rise in the coming 12 months that at any time since 2009, according to the latest Knight Frank/Markit House Price Sentiment Index (HPSI).
Read full article: [Property owners in the UK more confident about price rises]
 
Backing for plan to let London use stamp duty revenues for re-investment in the city
2013-05-16 14:28:01 [Europe]

London’s Mayor Boris Johnson has endorsed the findings of a new report that proposes that all property tax revenue should be used to fund reinvestment in the growing city.
Read full article: [Backing for plan to let London use stamp duty revenues for re-investment in the city]
 
Average asking prices rise throughout the UK with London maintaining high growth
2013-05-15 09:12:02 [Europe]

Average asking prices for residential property increased by 0.7% across the UK with regional markets bouncing back and even outperforming London, the latest asking price index shows.
Read full article: [Average asking prices rise throughout the UK with London maintaining high growth]
 
Value of penthouses in London soars
2013-05-14 09:30:32 [Europe]

The value of penthouses currently being sold in London now exceeds £1 billion, according to new research by property company CBRE.
Read full article: [Value of penthouses in London soars]
 
Foreign buyers encouraged to London by weak pound and safe haven status
2013-05-09 08:35:40 [Europe]

The weak pound has made property in prime central London even more enticing to foreign investors seeking safe havens and will continue to do until 2018, according to Knight Frank’s latest London Residential Review.
Read full article: [Foreign buyers encouraged to London by weak pound and safe haven status]
 
Prime property market in central London recovers from stamp duty hikes
2013-05-08 15:48:57 [Europe]

Property prices in the prime central London market have risen 25% since March 2012, equivalent to £27 for every hour of every day and now stand at an average of £1,186,817, according to an analysis of Land Registry figures.
Read full article: [Prime property market in central London recovers from stamp duty hikes]
 
Central London office leasing activity healthy despite Q1 fall in take up
2013-05-07 12:43:16 [Europe]

Take up in the central London office market totalled 2.6 million square meters in the first quarter of 2013, a fall from the previous quarter’s level and around 6% below the five year average, the latest data shows.
Read full article: [Central London office leasing activity healthy despite Q1 fall in take up]
 
British buyers outspending overseas buyers in prime London market, agents suggest
2013-05-07 12:03:48 [Europe]

British buyers are now spending more on London prime residential property than overseas real estate investors, reversing the recessionary trend of overseas funds dominating the market, it is claimed.

Read full article: [British buyers outspending overseas buyers in prime London market, agents suggest]
 
New partner for Forsters real estate practice in London
2013-05-02 12:27:54 [Company News]

Forsters LLP, one of London's leading real estate law firms, has promoted Ronan Ledwidge to partner in its specialist Real Estate Practice.
Read full article: [New partner for Forsters real estate practice in London]
 
Prime central London property prices rise by £383 per day
2013-04-30 10:07:35 [Europe]

The price of prime property in central London grew by £383 per day in the first three months of this year and the average price of a flat went over the £1 million mark for the first time.
Read full article: [Prime central London property prices rise by £383 per day]
 
Prime property prices up 12.8% in London in last 12 months
2013-04-26 08:28:23 [Europe]

Property prices in prime areas of London have increased by 12.8% in the past year with a rise of 3.6% alone during the first quarter of 2013, according to new figures published today (Friday 26 April).
Read full article: [Prime property prices up 12.8% in London in last 12 months]
 
London appoints 25 developers to push ahead with new land panel
2013-04-25 07:49:57 [Europe]

Some 25 developers have been appointed to a new land procurement panel in London set up by the city’s Mayor Boris Johnson with the aim of accelerating the delivery of new homes.

Read full article: [London appoints 25 developers to push ahead with new land panel]
 
Mass marketing of new London properties to emerging markets bringing prices down
2013-04-22 13:41:44 [Global News]

New properties in central London that are marketed en-masse at glamorous property exhibitions in emerging markets such as Asia and other parts of the world as speculative investments are suppressing yields and prices, it is claimed.
Read full article: [Mass marketing of new London properties to emerging markets bringing prices down]
 
Prime London property sees two and half years of steady annual growth
2013-04-18 11:31:42 [Europe]

Prime property prices in London have recorded an unprecedented two and a half years of steady annual growth between 0% and 10%, according to the index figures from Savills.
Read full article: [Prime London property sees two and half years of steady annual growth]
 
The Bentley in Bentley Way for sale with a Bentley
2013-04-17 09:53:35 [Europe]

Enticing buyers can be hard in the current economic climate but one property owner in the UK has come up with a marketing plan with a difference and is offering a luxury car free.
Read full article: [The Bentley in Bentley Way for sale with a Bentley]
 
UK private rental market generally stable, latest index shows
2013-04-15 09:46:51 [Europe]

Average rents in the UK fell nationally by 0,43% in the first three months of 2013 but new figures show that there are significant changes and regional variations.
Read full article: [UK private rental market generally stable, latest index shows]
 
Belgravia and Knightsbridge tipped as prime property hotspots in London
2013-04-10 14:07:19 [Europe]

Belgravia and Knightsbridge are tipped to continue being hotspots in London’s prime property market as overseas buyers remain drawn to the city as a safe haven for real estate investment, it is claimed
Read full article: [Belgravia and Knightsbridge tipped as prime property hotspots in London]
 
London Mayor releases latest affordable home figures for the city
2013-04-03 10:20:05 [Europe]

The number of affordable housing starts in London has more than doubled in less than a year and Mayor Boris Johnson said he is on track to deliver up to 100,000 affordable homes for Londoners over two Mayoral terms, boosting the capital's construction industry and creating thousands of jobs.
Read full article: [London Mayor releases latest affordable home figures for the city]
 
Russian buyers dominate UK’s prime property market
2013-04-03 08:07:53 [Europe]

International buyers are dominating the prime property market in the UK, especially in the Home Counties, according to new data from Knight Frank.
Read full article: [Russian buyers dominate UK’s prime property market]
 
Steady growth in London prime property market says Savills
2013-04-02 12:04:22 [Europe]

Prime property prices in London have recorded an unprecedented two and a half years of steady growth,  according to latest analysis from international real estate adviser, Savills.
Read full article: [Steady growth in London prime property market says Savills]
 
UK prices unchanged on a monthly basis, according to latest Nationwide index
2013-03-28 13:34:37 [Europe]

The prices of a typical home in the UK was unchanged between February and March, but was 0.8% higher than a year ago, the latest index from Nationwide shows.
Read full article: [UK prices unchanged on a monthly basis, according to latest Nationwide index]
 
UK’s new Help to Buy impact on London property market assessed
2013-03-22 11:27:46 [Europe]

The UK’s Help to Buy property scheme is the first initiative that should have an impact on the London property market, it is claimed, with the property market wanting first time buyers who can't afford the city's high prices to benefit.
Read full article: [UK’s new Help to Buy impact on London property market assessed]
 
Prime rental prices and standards increasing in London, research reveals
2013-03-15 08:56:24 [Europe]

Big residential portfolio investors and traditional family owned estates are raising the bar for quality and service on offer to tenants in central London through investment in their rental stock, research shows.
 
Read full article: [Prime rental prices and standards increasing in London, research reveals]
 
New plans unveiled for floating village at Royal Docks in London
2013-03-13 09:37:20 [Europe]

The Mayor of London, Boris Johnson, has unveiled ambitious plans to create the UK's largest floating village as part of his on-going drive to transform London's Royal Docks.
Read full article: [New plans unveiled for floating village at Royal Docks in London]
 
Strong property development growth in London set to continue
2013-03-08 12:49:01 [Europe]

The central London development market experienced heightened levels of activity during 2012 that saw sales and construction hit post crisis peaks, new data shows.
Read full article: [Strong property development growth in London set to continue]
 
Prime residential rental market in London now favours tenants, research suggests
2013-03-08 09:00:13 [Europe]

The balance of power has shifted from landlords to tenants in London’s prime residential lettings market as increased stock levels have given tenants greater choice, new research shows.
Read full article: [Prime residential rental market in London now favours tenants, research suggests]
 
Number of first time buyers in London up by 15% last year
2013-03-07 09:38:04 [Europe]

The number of first time buyers in London rose by 15% in 2012, marking the largest annual total since 2007, according to data from the Council of Mortgage Lenders.
Read full article: [Number of first time buyers in London up by 15% last year]
 
Master plans for major London regeneration site approved
2013-03-05 14:12:14 [Europe]

The Mayor of London, Boris Johnson, has approved master plans for the £1.5 billion transformation of the Heygate Estate in Elephant and Castle, one of the city’s most significant regeneration areas.
Read full article: [Master plans for major London regeneration site approved]
 
London Mayor doesn’t want key business areas turned into homes
2013-03-04 12:49:04 [Europe]

The Mayor of London is bidding to preserve key business districts and exempt them from proposals to allow offices to be turned into homes without planning permission.
Read full article: [London Mayor doesn’t want key business areas turned into homes]
 
Prime central London remains one of the best global real estate investments, it is claimed
2013-02-26 10:47:52 [Europe]

Not only is the prime central London property market a stellar performer in the context of the UK property market and other asset classes, but recent statistics from Knight Frank revealed that London’s property market has topped some of the best international property markets as well.
Read full article: [Prime central London remains one of the best global real estate investments, it is claimed]
 
Foreign buyers dominating the West London property market
2013-02-21 14:06:05 [Europe]

Overseas buyers are dominating the West London property market with two thirds sold since March last year going to people from overseas, a new report shows.
Read full article: [Foreign buyers dominating the West London property market]
 
West End in London is world’s most expensive office market
2013-02-20 13:36:14 [Global News]

London's West End is the world's most expensive office market once again after regaining the top position from Hong Kong's Central Business District (CBD).
Read full article: [West End in London is world’s most expensive office market]
 
Wealthy overseas London home owners also looking for luxury holiday homes
2013-02-15 14:02:23 [Global News]

Wealthy property buyers who see London as a safe haven for their money are also increasingly looking at other top destinations to buy second and even third homes, it is claimed.
Read full article: [Wealthy overseas London home owners also looking for luxury holiday homes]
 
Prime central London property market starts 2013 on positive note
2013-02-14 09:56:43 [Europe]

There has been a welcome uplift in both sentiment and activity in the prime London property market since the start of the year.
Read full article: [Prime central London property market starts 2013 on positive note]
 
Prime central London property market starts 2013 on positive note
2013-02-14 09:53:52 [Europe]

There has been a welcome uplift in both sentiment and activity in the prime London property market since the start of the year, it is claimed.
Read full article: [Prime central London property market starts 2013 on positive note]
 
Mayor wants stamp duty from sale of London homes to invest in future housing
2013-02-06 14:48:45 [Europe]

The Mayor of London wants the city to be able to hold onto the property stamp duty that is raised from home sales in the capital so that it can fund the building of a million high quality homes needed in the next 25 years.
Read full article: [Mayor wants stamp duty from sale of London homes to invest in future housing]
 
Foreign property investors continue to buy in London
2013-02-06 10:28:35 [Europe]

An influx of foreign property investor money has helped make the prime central London residential real estate market buoyant, according to the latest report from agents W.A.Ellis.
Read full article: [Foreign property investors continue to buy in London]
 
Strong year for London office market in 2012 but growth expected to be slower in 2013
2013-02-06 09:21:35 [Europe]

Some 70% of London offices sold in 2012 went to foreign buyers, making it the strongest year for investment since 2007, according to new data.
Read full article: [Strong year for London office market in 2012 but growth expected to be slower in 2013]
 
Prime property prices in central London up 0.4% last month
2013-02-05 11:15:20 [Europe]

Prime property prices in central London increased 0.4% in January but experts do not expect any significant price movement in the market this year.
Read full article: [Prime property prices in central London up 0.4% last month]
 



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