London is the wild west of the global property market – and it needs a sheriff
We must legislate to curb the overseas tycoons buying up apartments and leaving them empty
Kensington
‘A pool in the basement is a clear marker of wealth’: how the super-rich are digging down
In London’s richest boroughs vast subterranean enclaves are being carved out over several floors to house cars, wine, saunas and private nightclubs. How did underground living – once associated with poverty and disease – become an investment scheme for the uber-wealthy?
Cheltenham tops growth league as £1m+ sales spread across country
High-end sales almost double in some regions with a 6% increase recorded throughout England and Wales
Caviar care home: retirement complex for ‘oligarchs’ to open in Chelsea
Critics attack sale of council nursing home site to make way for world’s most-expensive care home complex
Empty homes council tax rise unlikely to deter rich owners, say critics
Hammond’s 100% extra tax on vacant property dismissed as ‘joke’ unlikely to hit wealthy buyers or spur re-use of housing
Asking prices for London homes record biggest falls this decade
Average drops are biggest in Kensington and Chelsea at £300,000, but prices are up £58,000 in Southwark, says Rightmove