West End’s Latest Icon Is Selling Fast

Central St Giles is the first residential scheme in the UK by the Italian architect Renzo Piano and it consists of 100 apartments, as well as offices and a selection of restaurants, cafés and delis ranged around a piazza. Not only is the development an architectural landmark, but it is also a sign of the […]

Increase In Capital Gains Tax Not As Serious As We Thought?

The announcement of new coalition government’s plans to increase CGT to 40% from 18% came as a shock to the property industry. However, Chris Cobbold, head of the housing practice at DTZ, said that companies will be able to tackle the impact of the government’s plan to double capital gains tax so the effect will […]

The End Of HIP's

The newly formed coalition between the Lib Dem and the Conservative Party followed a long-held pledge of the latter to remove the requirement for homeowners in England and Wales to provide home information packs (HIPs) when selling their homes. Eric Pickles, the Communities secretary and housing minister Grant Shapps announced that they have cancelled HIPs […]

Plans For Stamp Duty Cut Aim To Boost Returns For Private Rented Sector

According to the Property Industry Alliance a potential cut of the stamp duty land tax could increase returns from residential funds by as much as 150 basis points over the next three years. Moreover, the PIA, which also includes organizations such as the RICS and the British Property Federation, believes that currently, the SDLT rules […]

Qatari Diar Introduces Chelsea Barracks Master Plan

Qatari Diar Real Estate Investment Company has unveiled its initial “masterplan concept” for the redevelopment of London’s 12.8-acre Chelsea Barracks site. The company met various community and resident groups last week for the first of a series of local meetings and consultation exercises. Qatari Diar said the Dixon Jones, Squire & Partners and Kim Wilkie Associates-designed masterplan […]

The Ruler Of Qatar To Appear In The Upcoming Court Case Involving Chelsea Barracks And The Candy Brothers.

The case of CPC Group against their former partners, Qatari Diar, has taken a dramatic turn, as the court urges Sheikh Hamad Bin Khalifa Al-Thani, who is the emirate’s ruler and chairman of Chelsea Barracks owner Qatari Diar to testify or the application at the centre of the case will be withdrawn. Judge Peter Smith […]

Barratt Homes Unveil The First Large-Scale Zero-Carbon Emissions Community.

Barratt homes unveiled the first images of the first large-scale zero carbon emissions community ever to be build in Britain. The scheme near Bristol will include 195 homes and will meet the highest level 6 of the Code for Sustainable Homes. The development is set to be ready for the first residents to move in […]

Political Uncertainty Pushes Vendors Back On The Market.

According to the latest survey carried out by the RICS a net balance of 21% of surveyors have witnessed a rise in new instructions in March, compared with a balance of 16% in February. This is largely due to the political uncertainty, which is pushing vendors to market their property before the impending general election.

Apartments At One Hyde Park Back On The Market

After a 12 month long pause, the Candy Brothers along with their Qatari partners in Project Grande, the company that owns One Hyde Park, announced that the remaining 43, of the original 86 properties, are back on the market. Despite all the exclusive and one of a kind amenities they had to offer, such as […]

JP Morgan Planning To Move Back To The West End

Two years after the company surrendered its lease at Grosvenor’s Almack House, JP Morgan is making a return to the West End. It is understood that the group is searching for as much as 35,000 sq ft for one of its private banking operations, through agent Knight Frank. So far, the company  have looked at the Crown […]