Private bank's latest survey of the capital's luxury market shows prices falling, average discounts close to 9% and almost 80% of sales coming in below asking price.
Prime London property agents expect ‘surge’ of American enquiries as Trump returns to the White House
Luxury property advisors report increased interest from wealthy Americans looking for residences in the UK.
Knight Frank reports £162mn pre-Budget deal surge
'It was all-guns-blazing last week', reports London resi sales boss Rory Penn.
Five-year house price growth in the 20% range is ‘the new normal’ – JLL
'With the October Budget behind us, the outlook for both house prices and rents remains positive,' says JLL in its latest property market forecasts.
Conditions improving for London’s high-end property buyers – Coutts
Private bank's latest survey of the capital's luxury market shows prices falling, average discounts close to 9% and almost 80% of sales coming in below asking price.
Prime London Property Market Snapshot: Week 44, 2024
The latest data confirms a spike in property transactions last week.
Fine & Country bolsters presence in Jersey
Thompson Estates has been 'integrated' into the local Fine & Country operation by owner Margaret Thompson.
Former 1508 London & Sims Hilditch creative director launches new studio
In Pictures: Guests from across the luxury property & design sectors gathered to toast Louise Wicksteed's new West Country-based venture.
London Square debuts duo of resi plays in SW London
Aldar-owned developer threw a party at the home of England Rugby to launch a pair of new schemes in Twickenham.
Light at the end of the tunnel? Savills expects UK house prices to rise 23% over the next five years
Savills has issued fresh forecasts for the mainstream housing market, with an optimistic outlook for less turbulent times ahead.
Grand townhouse near Harrods heads to auction, guided at £9.25mn
Grade II six-storey specimen is one of the largest on Knightsbridge's Montpelier Square.
Major mortgage lenders back ‘greenprint’ for eco-minded property finance
Linking long-term loans to properties rather than people could promote more energy-efficient retrofits, argue lenders.
Senior Jackson-Stops agent moves to Harding Green
'The UK property industry is shifting toward a more client-focused model,' says Alexander Leon as he joins the self-employed broker platform in central London.
Quote of the day
With less external noise, house prices in the medium term will be dictated by the fundamentals of demand, supply and affordability
PrimeResi Directory
Nest Seekers Super Prime
Nest Seekers Super Prime Division (SPD) is Nest Seekers International’s Private Office led by Rubens Brotto and fully integrated to our global network.
Million Pound Homes
The Luxury Homes & Lifestyle Marketing, powered by MPH AgencyWe are the leading digital marketing agency in the property sector, helping clients like you with full marketing suite solutions
Dexters
With 35 offices in Central London and over 70 across London, Dexters is London's leading independent Estate Agency.
BradyWilliams
Founded in 2013 by Shayne Brady and Emily Williams, BradyWilliams are an award winning London based interior architecture and design studio
£80mn mansion sale reported in Chelsea
American fashion mogul linked with 'UK’s most expensive deal of the year'
International buyer secures ‘one of the best mansions in Belgravia’ in another pre-Budget mega-deal
Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.
Why the US election could ‘open the flood-gates’ for international real estate investment
'This coming US election will be more than just a decision on leadership - it could signal a new phase of high demand for international real estate,' says Parisian buying agent Susie Hollands.
Assessing the value & premium of luxury branded residences
Four years after the branded residences model emerged, pioneered by Four Seasons, this niche financial strategy has evolved into a diverse & thriving sector of the global real estate market, explains CBRE
Required Reading: The Autumn Budget 2024 for HNWIs & business owners
Mishcon de Reya's legal & tax experts talk us through the key points & policies announced by Chancellor Rachel Reeves - including significant changes to Stamp Duty & Inheritance Tax.
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
Editor's Choice
Three new sets of guidance - including a new standard from the RICS - attempt to clarify & formalise the emergent multi-billion-pound residential retrofit industry.
Quick Links: PrimeResi Resources
International property news
High-end agency hosts ‘global real estate summit’
Hamptons’ International Private Office brought together top brokers & UHNW clients from around the world for the first in a series of new events.
Global luxury property markets ‘shift into lower gear’
Knight Frank's Prime Global Cities Index is running far below its 10-year average growth rate.
New Mandarin Oriental residences to ‘set a new benchmark for luxury living in the UAE’
The luxury hospitality firm's pipeline of global resi projects is building.
New super-slim skyscraper in Dubai will ‘work with nature rather than against it’
In Pictures: Muraba collaborates with Pritzker Prize-winning RCR Arquitectes on 'daring' luxury resi project that draws on ancient design techniques.
LeadingRE names new Director of Global Business Development
Manila-based Abby Olemos-da Silva has moved from Jones Lang LaSalle.
Profiles & Interviews
Interview: Hamptons’ Craig Tonkin on positioning a heritage estate agency for success in today’s PCL property market
'Unlike a number of other agents we don’t feel threatened by the emerging ‘broker model’, indeed we see huge opportunity to evolve with it'
‘It is often in more turbulent times that we have been able to generate growth’: Super-prime pioneer Andrew Dunn of Finchatton on building for the long term
'We have 18 live developments on the go, with an anticipated GDV of more than £300mn and, frankly, I felt just as excited to get to work this morning as I did 23 years ago'
Listen: Agency boss Geoff Wilford in conversation with Property Vision’s Simon Connell
'Our guys in Italy have been very, very busy with non-doms in Milan,' reports top buying agent in new property podcast.
Financial Times: How Knight Frank is trying to shed its fusty image
Knight Frank's Chair William Beardmore-Gray discusses diversity, growing pains & the 'complicated game' with the FT.
‘I want to change the way people approach projects’: RedBook CEO Tom Adams on shifting the luxury property design, construction & development landscape
Interview: Sandy Mitchell’s RedBook has evolved fast under Tom Adams' watch, and there’s more to come…
Interiors & Design
Watch: Six projects vying for ‘UK’s best new home’ title
Eclectic shortlist revealed for this year's RIBA 'House of the Year' award, ranging from country idylls in Sussex & Cornwall to an innovative self-build in Peckham.
Chris Dietz: How dark sky initiatives can enhance property values & quality of life
Dark Sky Communities are redefining urban living by reducing light pollution, says the Leading Real Estate Companies of the World boss - boosting property values, slashing energy costs, and generally improving…
‘Back-to-brick’ renovation in Chelsea delivers trio of rental apartments
Boutique developer reinvents period mansion block on Sloane Gardens, with a modern take on traditional British design.
In Pictures: Linda Boronkay creates eclectic £10.95mn residence at The Whiteley
Former Soho House design director completes 'spectacular' super-prime project at the £1.2bn west London scheme.
Meriam Lock-Necrews on putting homes at the heart of Battersea Power Station’s redevelopment
Two years after the regenerated Battersea Power Station opened, BPSDC's Head of Residential shares insights into how the project created a sought-after residents' experience within a new mixed-use neighbourhood