Peter Stimson

3 weeks ago | londonlovesproperty.com | Lilly Partin |Peter Stimson

The latest research from over-50s property specialists, Regency Living, reveals that the long-term ambitions of England’s upsizers remain intact despite stamp duty increases, but many have had to postpone their plans until at least 2026. In Labour’s Autumn Statement, delivered back in October 2024, Rachel Reeves announced that as of the 1st April 2025, stamp duty relief thresholds would not be extended.

3 weeks ago | londonlovesproperty.com | Lilly Partin |Peter Stimson

The latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, reveals that buyer demand for prime property across London’s most prestigious neighbourhoods fell by -3.9% during the first three months of the year when compared to Q4 2024. The Prime London Demand Index by Benham and Reeves monitors demand for London’s most expensive properties based on the level of market activity seen between the £2m to £10m threshold and the super prime market of £10m+.

3 weeks ago | londonlovesproperty.com | Lilly Partin |Peter Stimson |Jonathan Hopper

The latest internal data release from Searchland, the development site sourcing specialists, has revealed where across the country developers are most likely to find success when it comes to securing approval for a planning application. The data from Searchland tracks planning approval rates across each local planning authority for applications of more than one dwelling and how this approval rate has changed on an annual basis.

3 weeks ago | londonlovesproperty.com | Lilly Partin |Peter Stimson |Jonathan Hopper

Five Liberal Democrat Councillors representing Borough and Bankside and St George’s wards have written to Sir Sadiq Khan, Mayor of London, formally asking him to exercise his powers to “call-in” the Borough Triangle scheme. The development, which will see 892 flats built on the site currently occupied by Mercato Metropolitano, was approved by Southwark’s planning committee last week, despite 415 out of 434 public comments lodging objections.

3 weeks ago | londonlovesproperty.com | John Saunders |Lilly Partin |Peter Stimson |Jonathan Hopper

UK Finance has this morning published data showing that, in Q4 2024 there were 52,648 new buy-to-let loans advanced in the UK, worth £9.6 billion. This was up 39.2 per cent by number (47.2 per cent by value) compared with the same quarter in the previous year. It also revealed that, at the end of Q4 2024, there were 12,610 buy-to-let mortgages in arrears greater than 2.5 per cent of the outstanding balance.