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London property prices prop up UK average: Cebr

Although the price of a typical UK home rose by 1.7 per cent in the 12 months to September, meaning the average property now costs £233,000, the Office for National Statistics’ monthly house price index suggests this is largely due to London and the south east driving up prices.

Landlords lure London students with iPads as university fees bite

(Reuters) - Driving lessons and iPads are among the gifts developers are showering on students in London to lure them to fill empty rooms after fee hikes and visa curbs threaten to undermine university housing's reputation as a safe property investment.

Foreign money seeks London property

Financial Times 18.10.2012
Foreign money seeks London property

The flow of foreign money seeking a home in London’s commercial property market means the capital now accounts for a third of total European investment transactions, new figures reveal.

Lack of new homes to push up London property prices

Residential property prices in London will almost certainly continue to rise in the long term as large increases in demand for housing in the capital over the next decade and beyond will not be matched by an upsurge in the supply of new homes being developed, new independent research published by Cluttons today shows.

Tax haven property markets thrive as political scrutiny grows

(Reuters) - A judicial crackdown and mounting political pressure on legal tax avoidance are failing to deter companies from setting up in European tax havens.

Central London residential property prices continue to rise

London’s upmarket residential property prices saw a further increase in September, showing a 51% increase since the low points of March 2008. But tax modifications have affected some sector of the market, with the sales in the £2 million to £5 million segment falling 20% in the quarter to September compared with the same period last year.

London Luxury-Home Prices Rise on Lower-Taxed Property

Luxury-home prices in central London rose at their fastest rate in three months in September, powered by demand for properties that escape a new higher rate of sales tax, Knight Frank LLP said.

Greece sells off London consulate and royal cemetery

Greece intends to sell high-end properties in London, Belgrade and Cyprus, including a palace with royal graveyard, as part of a privatisation programme designed to free up cash and appease its bail-out rescuers.

Luxury property boom in London

Financial Times 04.09.2012
London mansion on sale for record £300m

The 60,000 square feet home once belonged to Lebanon's late Prime Minister Rafiq Hariri and was passed as a gift after his 2005 assassination to Sultan bin Abdulaziz .

Luxury property boom in London

A £38bn development boom in London’s most expensive neighbourhoods has been spurred by rampant demand from European and Asian buyers seeking safe investments away from turbulent Eurozone economies.


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