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London Property - Home of Super Prime
London Property is a digital marketplace that aims to address inefficiencies and complexity in the London real estate market. We are focused on property wealth enhancement and creation.
The company provides informative and educational content from industry leaders through podcasts and videos, with new content released weekly.
The platform covers various aspects of the real estate experience, including buying and selling, finance, law, tax, construction, design, and more.
The goal is to provide users with the resources and connections they need to make informed decisions and avoid expensive mistakes. Helps you navigate the super-prime property market, with a focus on personal recommendations.
Stay ahead with weekly news bulletins on what is shaping the property market.
London Property - Home of Super Prime
2025 Market Outlook, Iceberg Homes, Leasehold Reforms, and Landmark Court Ruling
Property Bulletin Summary by London Property
2025 Market Outlook Rightmove forecasts a strong 2025 for the UK housing market, with expectations for both house prices and the number of homes sold to rise significantly. Despite a recent dip in November, market optimism is high, with Rightmove attributing the decline to seasonal trends and the effects of the autumn budget. A subsequent Bank of England base rate cut has revived buyer interest, with predictions for a 4% increase in asking prices driven by potential mortgage rate cuts.
Iceberg Homes A unique trend in luxury residences, the 'iceberg home,' is gaining traction. These homes, largely built underground, offer expansive multi-level basements with amenities like pools and private galleries. Popular among the wealthy in areas like Kensington and Chelsea, these homes provide luxury and space but have sparked controversy due to construction disruptions and weakened foundations.
Leasehold Reforms The government will publish long-awaited legislation to abolish England's leasehold property system in the second half of next year, affecting millions. The new legal framework aims to make commonhold the default tenure by 2029, addressing exploitation concerns and ensuring more secure property rights for leaseholders. The announcement has garnered mixed reactions, with some praising the reforms and others worried about the complexities of implementing new legislation.
Landmark Court Ruling The UK Supreme Court's ruling in Kyrieva vs. Bejamov reinforces the immovables rule, which protects immovable property in England and Wales from foreign bankruptcy claims. The decision prevents a Russian bankruptcy trustee from claiming a property in Belgrave Square, highlighting the importance of national sovereignty and legal principles in cross-border insolvency cases.
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