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 […]

Capital Gains Tax for UK Non-Residents

George Osborne, Chancellor of The Exchequer, announced today in his Autumn Statement that Capital Gains Tax (CGT)  would apply to the sale of property owned by non-residents from April 2015. The Chancellor said, “Britain welcomes investment from overseas but it’s not right that those who live here have to pay CGT, but those who are non-residents […]

Prime Central London Address: Lansdowne Road, Notting Hill

The cosmopolitan district of Notting Hill has established itself as one of London’s most fashionable areas in recent years, transforming its image from the rough neighborhood it was once known as. Lansdowne Road, located in Notting Hill, is one of the area’s most prime streets which offers the opportunity to live in flats in converted […]

Prime Central London Property Highlight: 166 Westbourne Grove, Notting Hill

This 5 bedroom maisonette in Notting Hill provides a unique opportunity to luxury home-seekers in Prime Central London. Located on Westbourne Grove, the 6,780 square foot space covers the entire raised ground floor and garden level, providing a tremendous amount of lateral space, a rare feature in London homes. The home boasts many other unique […]

Prime Central London Development: The Lansbury

The Lansbury, launched in late February 2013, combines a high specification luxury finish with the prestigious location of Knightsbridge, a limited feature in Prime Central London’s property market.  Designed by Finchatton, highlights of the development range from its location at the foot of Harrods to the wealth of services provided to residents from The Capital […]

Cuts Needed to Government Red Tape

  A recent report from the Public Accounts Committee has slammed the government for being too slow in making vacant properties available to small businesses and has said that they should “get on with selling buildings, rather than holding on in the hope of a future rise in property prices”. The Estates Gazette reported recently […]

UK House Prices Hit a Four Year High, with London Driving Growth

  It was recently reported by Acadametrics Ltd that U.K. house prices reached a four-year high in July as London’s booming property market continued to move upwards. It has been well publicised that London residential property has become a magnate for wealthy investors across the globe, looking to put their money into stable and low […]

Ground Rents – An Increasingly Popular Investment

  The Estates Gazette recently published an article by John Churchouse which considered the value of ground rents as investments. We have summarised some of the main points below. What are Ground Rents? A ground rent is the ownership of an interest under which a leaseholder pays a regular amount of rent. The rent arises […]

What Could Apple Buy With Its Profits In Property?

Today’s City AM posed the question of what Apple, shining from its phenomenal earnings report, may do with the $51 billion in profits. At current exchange rates this would come to £31.74 billion. Much can be made of what companies (or countries) that would buy, but what would it yield in property. The average price […]

Residential Rents Expected to Rise

  According to the RICS quarterly lettings survey, the balance of surveyors reporting rising rather than falling rents rose from zero to 30% in April. This compares with -56% last year.  Also, a net balance of 36% of surveyors expect further rises because of the lack of rental homes available. Agents reported a rise in gross […]