International property consultant Knight Frank confirms that global residential prices are rising at their fastest rate in nearly three years. Prices increased by 5.6% on average in 2020, up from 5.3% in 2019. Some 89% of countries and territories saw…
Read moreThe number of overseas landlords owning property in the UK has hit 184,000, a five-year high. The total has risen by 19% from the 154,000 recorded in 2016, according to latest analysis. Despite predictions to the contrary, Brexit doesn’t appear…
Read moreNew figures suggest super-wealthy buyers from around the world are positioning themselves in preparation for UK travel restrictions to be lifted. Knight Frank has reported a 109% annual leap in the number of new prospective purchasers registering above the £10m…
Read moreBrexit and Covid-19 have inevitably brought disruption to the UK’s economy and property market, but wealthy Chinese individuals and investors remain cautiously confident and optimistic about long- term investment opportunities in Britain, according to research by 11k Consulting and The…
Read moreIt’s being reported that Chancellor Sunak is about to extend the stamp duty holiday until the end of June, following months of pressure from the property industry. The forthcoming Budget on March 3rd is likely to confirm an extension of…
Read moreA spate of recent newspaper articles has shone a light on discomfort at the top of Manhattan’s property market, with some super-rich buyers of super-prime apartments in super-tall buildings complaining of less-than-perfect living conditions on Billionaires’ Row. The New York Times…
Read moreSecond homeowners who want to spend more than three months at a time at their French properties will now need to apply for long-stay visas. Now that the UK is a non-EU country, British tourists can spend no more than…
Read moreThe world’s prime residential cities are set to see property prices rise by an average of 1.6% over the coming 12 months, according to the latest forecasts from Savills, as vaccine rollouts promise to thwart the current Coronavirus pandemic. Seoul,…
Read morePlans are afoot for millions of leaseholders in England to be given the right to extend their leases by 990 years while paying £0 ground rent, the Housing Secretary Robert Jenrick has announced in a move described as being one…
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