cranes

Housing White Paper: A Snapshot

On Tuesday the Department for Communities and Local Government unveiled its housing white paper on “Fixing our broken housing market”. Prime Minister Theresa May writes in her foreword that “our broken housing market is one of the greatest barriers to progress in Britain today”, and the 106-page document outlines Government plans to correct this. The paper […]

mortgages

UK Residential Mortgage Lending & Home Sales: The Last Ten Years

There has historically been a close link between Mortgage approvals and Home Sales in the United Kingdom, with both peaking in January 2006 at 146,854 and 153,465 respectively – and both reaching their low points in January 2009 at 21,466 and 32,752. In 2005 and 2006, mortgage approvals totalled 94.1% and 90.2% of home sales, […]

gladstone-red-box

Stamp Duty Land Tax – A Short History Since 1959

Stamp Duty Land Tax (SDLT) replaced Stamp Duty as the Duty Tax paid on property transactions in December 2003, when residential and non-residential properties where also separated. In the forty years preceding Gordon Brown’s elevation to Chancellor of the Exchequer, the top rate had never ranged outside 1.0%-2.0%. Within just over 3 years of his appointment, the […]

charles-street

Four Mayfair Character Homes Currently on the Market

Flat 3, 25 North Audley Street, W1K 6WS 4 Bedroom Flat £6,850,000 || 2,322sqft || £2950psf This triplex apartment is set on the top three floors of the building and benefits from direct lift access. It benefits from four bedrooms including a 400sqft master suite with a private Balcony and build-in wardrobe. Notable original features comprise wood […]

8-st-jamess-square

London Property Market Highlights 2016

Highest Residential Gross Price 9 Holland Park, W11 3TH £53,489,500 || 12,500sqft || £4279psf The highest gross price of the year was set in January, when Richard Branson’s old house at 9 Holland Park was sold for £53,489,500. The Grade II listed building underwent substantial renovations during the tenure of the previous owners, which was overseen […]

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Prime Sales Volume Halves Post Brexit

Data taken from the Land Registry, and analysed by Khalil & Kane, shows that Prime London sales volumes fell to their lowest levels since Q2-2013 in the most recent quarter, following the result of the United Kingdom’s referendum on membership of the European Union. This put sales of properties worth over £1m down 50% (from 3,481 […]

Heath Hall

Top Ten Most Expensive Properties on the Market in London

1st: 2-8a Rutland Gate – £300,000,000 (≈£5000/ft2)   This Knightsbridge property is currently the most expensive property “on the market” in London and is believed to be on the market for £300 million. Although this property is not officially marketed as being for sale, a 2012 article in the Financial Times revealed that it is […]

Riverwalk Lobby

Top Five Prime Central London Property Developers

London’s developers have been busy looking to match and surpass the expectations of the global and domestic elite who choose to call super prime London home. Khalil and Kane has put together a summary of the top five property central London property  developers who have made their mark in prime central London locations. We have […]

Charles Street

Prime London Development Opportunity for sale in Mayfair Asking £50m

Mayfair Development Opportunity To Make One Of The Districts Largest Single Residences   39 Charles Street is on the market and is one of the largest single dwelling freehold development opportunities to be offered on the open market. The property includes 39 Clarges Mews at the rear and in total the property extends to just […]