British buyers are now snapping up over half of London’s £10m-plus homes

by Necco | Jun 12, 2014 | news, Uncategorized

The number of Brits buying properties worth over £10m has soared over the past year and now account for more than half of the market as the economic recovery gathers pace. British buyers of super-prime homes have risen from 36 per cent in 2013 to 53 per cent since the...

Residential development land recovery spreads across UK

by Necco | Jun 6, 2014 | news, Uncategorized

Strong demand from national house builders has given a significant boost to residential development land values across the UK with prices in some locations now above their former highs of 2007. Land supply is one of the greatest barriers to housing delivery as...

London to become world’s most expensive address as Knightsbridge prices expected to hit £10,000 per sqft

by Necco | Jun 6, 2014 | news, Uncategorized

London is to become the world’s most expensive address with property prices set to hit £10,000 per square foot. Where? In Knightsbridge of course. Research by property agents Beauchamp Estates has found that 1,467 residential properties have been sold within the six...

Hermes calls for London ‘zones’ to boost cheaper homes

by Necco | Jun 6, 2014 | news, Uncategorized

The boss of Hermes Real Estate, Chris Taylor, has called for the Government to introduce “planning zones” for central London, to restrict the building of expensive flats and offices and make way for affordable residential property instead. Mr Taylor, who is due to...

The heat is on: How London houses are affecting regional properties

by Necco | Jun 2, 2014 | news, Uncategorized

For many, prices have only just begun to recover from the falls of 2007-2008 and some areas have actually experienced slight dips recently, due to tighter lending criteria. “The regional residential property market has been slow to follow the lead from London and the...