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The Latest Breaking News from Knight Frank

Stamp duty cut ‘could spectacularly backfire’ first-time buyers warned

Today’s stamp duty changes will be welcomed by London first-time buyers, however buying incentives risk increasing demand and may see a surge in prices

Evening Standard

Trio of George Street properties sold in multi-million pound deal

The properties were marketed for around £15m, although the exact deal pricing was not disclosed

Insider UK

After an autumn flurry, is the UK housing market going to fall at last?

Estate agents are reporting a surge in activity – which may be explained by the interest rate rises looming this year

The Guardian - UK

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Pound slump leaves elite London neighbourhoods at huge discount for overseas property buyers

Knight Frank study predicts Prime Central London market will outperform rest of UK

Evening Standard

North East deals of the week: key acquisitions, contracts and investments

Notable deals this week come from companies including Egger UK, Ward Investments and Black Hills Products

Birmingham Post

Ward Investments acquires Durham retail parade in £3.55m deal

It is the latest purchase for the investment company belonging to former Workwear Express entrepreneur Andrew Ward

Birmingham Post

Average UK house price hit record high in August, says Halifax

But the bank warned that a more challenging period for house prices should be expected

The Independent UK

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Average UK house price hits record high of £294,260 in August, says Halifax

But the bank warned that a more challenging period for house prices should be expected.

The Independent UK

Pandemic accelerates ‘flight to quality’ offices in Edinburgh

Refurbishments and older offices can benefit from the need for flexibility, according to new report

Insider UK

Harry Styles rumoured to have bought 'saddest ever' Grand Designs house for £8m

Residents of Croyde Bay, a popular seaside village in North Devon, claim the pop star snapped up the notorious mansion after a visit to the area.

Daily Record

Trio of lettings announced at prominent Leeds office and retail complex

Synanetics, Ayko and Smmmile have become the latest businesses to sign up for space within The Bourse

Birmingham Post

Entire Scottish island with lighthouse on sale for less than a two-bed flat in Glasgow

A stunning island off the west coast of Scotland could be yours for less than a two-bed flat in Glasgow. The entire island is on sale complete with a lighthouse and helipad.

Glasgow Live

Post-summer success for Manchester's office market as Knight Frank report shows strong demand from professional services

Mid Year Review suggests city will see £40 per sq ft rents this year

Birmingham Post

Former North East HMRC base transformed in £2.5m investment by new owners Kingscrown Group

The Sunderland office has been snapped up by Stockport based Kingscrown Group who have turned it into modern hybrid offices

Birmingham Post

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Birmingham Post

On the move: The latest jobs news in Wales

New roles at Plas Y Brenin, jamjar, Knight Frank and The Indigo Group

Birmingham Post

Knight Frank sells north Bristol data centre for £13.1m

1120 Aztec West is currently being leased by French multinational IT consultancy Capgemini

Birmingham Post

Landmark Hodge House office building in the centre of Cardiff boosted with latest letting

Bute Energy has taken space at the building's flexible Capsule offer from landlord Legal & General

Daily Mirror

'My Grand Designs home was dubbed the 'saddest ever' - it was a nightmare'

More than a decade of pain, a whopping £6 million spent (more than £million over budget) and one divorce later, the most troubled Grand Design ever is up for sale - to its owners delight

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Daily Record

The £2.3m Scots mega-mansion that's hit market with cinema room and stunning sea view

The architect-designed Water’s Edge in Ayr is set to be sold to buyers for more than £2.3million.

The Hindu

City’s prime office rental grew 12% despite global headwinds: Knight Frank

Bengaluru

Birmingham Post

South Yorkshire developer invests in Barnsley industrial scheme to fill severe shortage

EV Waddington is building the new 36,000 sq ft industrial and trade scheme

Birmingham Post

Cwmbran warehouse sold to developer behind Cardiff City Stadium

The developer plans to spend half a million refurbishing the unit

Liverpool Echo

Grand Designs' 'saddest house ever' finally finished as it goes on market for £10m

The episode followed Edward and his family as misfortune beset the project with the family plunged into millions of pounds worth of debt

Evening Standard

“Extraordinary” lighthouse from ‘saddest ever’ episode of Grand Designs goes on sale for £10m after a decade

After a tumultuous 10-year build, “spectacular” Chesil Cliff House is finally on sale.

Bangkok Post

Global Housing Boom Fades as Interest Rates Climb

Rising interest rates are slamming the brakes on a global housing boom that spread far beyond the U.S. during the pandemic, heaping extra pressure on central banks as they try to tame inflation without triggering deep downturns in their economies.

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