Prime London property market outperforms expectations
Property Wire – http://bit.ly/10Msm4i
The prime London residential market has recorded stronger price growth in the past three months than at any time since March 2012, defying expectations that values would flatline this year, according to the latest Savills quarterly prime London index.
Chinese buying up London hotels
Property Week – http://bit.ly/14jXWDm Two luxury schemes planned in Nine Elms and Belgravia development flurry. London is to play host to two luxury Chinese hotels — one in Belgravia and the other in Vauxhall — following a pair of development deals this…
Mortgage lending up 21% from April
The Council of Mortgage Lenders has estimated that total gross mortgage lending in May leapt up to £14.7 billion, representing a rise of 21% from £12.2 billion in April and 17% higher than the total of £12.6 billion in May 2012. This…