It is the perfect London pied-à-terre for a non-dom tycoon about town. A three-storey penthouse overlooking Hyde Park has been sold for £136m – becoming by far the most expensive flat ever bought in Britain.
An unnamed buyer, using lawyers in Ukraine, has bought two apartments in the newly opened One Hyde Park development in Knightsbridge that have been knocked into one to create a 25,000 sq ft (2,300 sq m) penthouse with a wine cellar and access to room service at the neighbouring Mandarin Oriental hotel, according to documents filed last week at the Land Registry.
It has been reported this lunchtime that inflation unexpectedly dropped last month, weakening the prospect of an imminent interest rate hike by policymakers at the Bank of England.
The Consumer Prices Index (CPI) rate of inflation was 4% in March, down from 4.4% in February, but still double the Government's 2% target, said the Office for National Statistics (ONS).
City analysts had expected the CPI rate to hold at 4.4%.
The ONS said the drop in the cost of living was driven by falling food prices, which slipped 1.4% - the biggest month-on-month drop since between June and July 2007 -
I can highly recommend the ‘Brit Insurance Designs of the Year’ exhibition currently on display at the Design Museum on London’s South Bank.
It’s presented as a very broad canvas of design disciplines, and as such it is able to paint with broad strokes the current design trends that inform each disparate ‘category’ and enable the viewer to appreciate the exhibition as a whole. Click here for the list of official winners; however, if you would like to know my personal two winners from each category then please read on (photos of which can be seen by clicking here):
Gordon Ramsay has reportedly moved into an £11.5m ($18.8m) home in LA.
The TV chef, who was rumoured to be permanently relocating to the States, is said to be paying £100,000 ($164,000) a month to rent the mansion in Bel Air.
Ramsay is apparently in negotiations to buy the Mediterranean-style house, which features 12 bedrooms, 11 bathrooms, a summerhouse and and "jaw-dropping views" over the ocean.
According to the News of the World, he has applied for visas for his family and consulted close friend David Beckham about suitable schools for his four children.
We have a three bedroom house in Teesside, a unique four bedroom bungalow in Durham, and a three bedroom with great potential in Wigan, all in auction next week.
Also, the office in Aberdeen is going back into auction at the reduced guide price of £105,000 - a drop of over £15,000!
If you're interested in any of them, then please give us a shout.
It was reported today that property worth hundreds of millions of pounds changed hands in the run up to yesterday's stamp duty rise.
Estate agents reported an 'incredibly busy' March as buyers tried to bear the 1% increase in duty to 5% on properties worth more than a £1million. Savills reported striking deals worth £90million on Tuesday as the midnight deadline approached.
And if you were struggling to find a white van man in London this week, that is no surprise as removal companies in the capital were also fully booked, with some sellers even giving away furniture to make it easier
Reports in the news today advise that house prices edged 0.1% higher during March, helping improve the quarterly rate of decline in Britain's faltering property market.
The slight improvement last month came after prices dropped 0.9% in February and eased the quarterly fall to 0.6% between January and March, Halifax have said.
The average UK house price stood at £162,912 in March, but this was 2.9% lower than a year earlier as values continued to fall by at their fastest annual pace since October 2009.
The three-month measure, which is generally seen as a smoother indicator of trends
Hi everyone, if you haven't done so already, check out our Hot Picks area, where we have two NEW properties of the month, plus a couple other properties with REDUCED prices!
You can either view them by clicking on the property in our Hot Picks box or to see all the Hot Picks on one page, visit http://www.ukauctionlist.com/hotpicks
If you're not a member and one of them grabs your interest, please give us a ring or email me (Lottie) at http://[email protected]
I was walking past Heal’s this morning, and according to their window display it would seem that the on-trend interiors colours for spring 2011 are teal, turquoise and aquamarine. To see a photograph of Heal’s nicely judged window click here.
This colour trend would appear to be borne out by the forecast published by Global Colour Research, for a snapshot of this season’s colours click here. They are usually on-the-money for seasonal colour trends, so for your regular updates follow them on Twitter @MixPublications
Whilst I remember, here’s another date for your design diary, running
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