Headlines for Wednesday 23rd October 2019

£1m+ deals have soared 12-fold in 20 years, as the average house price has almost tripled

Today’s prime property market is “much bigger and more complex” than in 1999, says mortgage firm Private Finance as it charts the rise of seven-figure transactions over the past two decades

New lettings manager for PCL agency Nicolas Van Patrick

Boutique Knightsbridge-based firm recruits Strutt & Parker’s Alice Umfreville to help grow the rental side of the business

Buyer in £35k SDLT fail over ‘grounds’ definition

Couple claimed their £1.5m Hertfordshire property should be classified as mixed-use, and therefore taxed at the lower rate  

Sydney penthouse obliterates Australian price records

Mystery purchaser bags a three-storey spread at the Renzo Piano-designed One Sydney Harbour for A$140m (£74.4m), in deal described as a ‘paradigm shift’ for the Australian property market…

Digital auction platform goes upmarket with luxury listings

BidX1 announces its first ‘bespoke’ sale, featuring a £2m penthouse apartment at a Mount Anvil scheme in south London…

Watch: Singapore floats extraordinary ‘island playground’, designed by WilkinsonEyre & Grant Associates

Properties The latest luxury property deals, developments & instructions

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Buyers snap up £15m of apartments at Belsize Park airspace scheme

Specialist airspace developer Pirton has sold all four of the penthouse apartments at its latest scheme in Belsize Park for a combined £15m. Thought to...

Triangle & VIC launch Lisbon’s new Renzo Piano-designed waterfront neighbourhood
  • 22nd Oct 2019
  • by PrimeResi
‘Super summer’ for luxury housebuilder Octagon
  • 22nd Oct 2019
  • by PrimeResi
Deal sealed on standout low-build house in Kensington
  • 22nd Oct 2019
  • by PrimeResi
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Candy consortium eyes Capco takeover, but Capco moves towards Delancey for Earls Court sale
Building the Future: Is housebuilding on the verge of a tech-driven revolution?
REDD tees up £10m project on Mayfair’s Charles Street
Friday Showcase: Ten featured prime resi listings
Grand St John’s Wood renovation project looks for £10m+ by 8th November
Bel Air mansion lists at $225m, eyeing a third price record
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Opinions Views & analysis from prime resi insiders

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The Trial Reservation Experiment: Getting our houses in order

Moving house is ranked as stressful as death and divorce. No surprise then that the twin evils of gazumping and gazundering send buyers' and sellers' blood...

Oona Collins: Winning tactics for turbulent times

In this ever-changing environment, it is all the more important to identify new opportunities for competitive advantage – and not just how to gain it, but...

Pitch Perfect: Advising vendors on pricing to sell

As autumn settles, the prime central London property market remains tricky and price sensitive. There is a continued shortage of stock and agents are...

The Market Sales, lettings & economic trends & analysis

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Berlin to impose five-year rent freeze from January

Berlin's coalition government has made good on a bold plan to tackle rental price inflation, by imposing a five-year rent freeze. The policy was...

Government promises ‘a digital revolution’ for the property sector
  • 22nd Oct 2019
  • by PrimeResi
Knight Frank suffers amid high-end sales slump
  • 21st Oct 2019
  • by PrimeResi
Feeble Autumn price bounce as vendors hold back
  • 21st Oct 2019
  • by PrimeResi
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Hamptons toasts record lettings performance
London prices fall for twelfth month in a row
London vendors slash prices to secure a buyer before Christmas
‘Buyers & sellers recalibrate and try to second-guess what’s coming next’
The number of UK property firms in ‘significant financial distress’ has risen by 78% since 2016
Asking rents jump to record highs in London & around the country
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Business & People Company news & people moves

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Kingsley Napley recruits a new Real Estate partner

London law firm Kingsley Napley LLP has hired a new partner to its Real Estate & Construction team. Ian Silverblatt has joined the firm from Irwin...

South coast estate agency expands with a £1m acquisition
  • 23rd Oct 2019
  • by PrimeResi
TBS recruits JLL man to its London buying team
  • 22nd Oct 2019
  • by PrimeResi
RICS launches Social Impact Awards for property projects that deliver ‘a lasting positive impact on society’
  • 22nd Oct 2019
  • by PrimeResi
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Kalmars takes on a new office on Old Kent Road; plots five branch expansion
Cluttons bolsters property management team
Loop Software partners with ID verification app Yoti
Octopus Real Estate creates new ‘Head of Residential’ role
Top property advisors & wealth managers shortlisted for HNW awards
Liquidators called in to McCloud’s HAB
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Appointments The latest career opportunities

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Surveyor
  •  Ends in 17 days

Cushman & Wakefield's Residential Valuation team is looking to recruit a Surveyor.

Head of Corporate Services
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Head of Department
  •  Ends in 17 days
Resident Services Manager
  •  Ends in 9 days
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Regional Sales Manager
Residential Valuation Surveyor
Residential Sales Manager (Fixed Term Contract)
Senior Lettings Negotiator
Property Manager
Sales Manager
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Videos Watch the latest videos

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RICS launches ‘Value the Planet’ campaign to encourage sustainable practices in the property sector
  • 16th Oct 2019
In Pictures: The grand opening of Finchatton’s Twenty Grosvenor Square
  • 10th Oct 2019
LANSERRING & Jenny Packham collaborate on ‘transformative’ dressing room concept
  • 26th Sep 2019

Design Architecture, interiors & gardens

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Developer ordered to stump up £300k after felling ‘irreplaceable’ giant redwood
  • 16th Oct 2019
  • by PrimeResi
In Pictures: Clivedale completes debut resi scheme
  • 14th Oct 2019
  • by PrimeResi
British Homes Awards 2019: The winners
  • 14th Oct 2019
  • by PrimeResi

International Luxury property news from around the world

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Pop star skirts agents to market LA home directly to Instagram followers

Justin Bieber seems to have turned to social media to find a buyer for his $8.5m Beverly Hills home, eschewing the traditional real estate broker and...

Buffett’s HomeServices expands in Europe; London arm plots significant growth
  • 14th Oct 2019
  • by PrimeResi
Early top-out for Damac’s inaugural London tower
  • 11th Oct 2019
  • by PrimeResi
Xi’an & Budapest outperform as global cities see property price growth moderate
  • 11th Oct 2019
  • by PrimeResi
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Sotheby’s sails into Cyprus
What do UK property investors think about overseas buyers?
Monaco property scion plots £100m prime resi pipeline in London; acquires significant Mayfair block
Look what a mansion tax has done to New York’s prime property market
New international measurement standard is ‘a game changer for the global construction industry’
Mapped: European residential property markets for investors
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Long Reads In-depth features on prime resi matters

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Rich pickings for Regent’s Park’s trophy home hunters

A flurry of impressive Nash residences have been launched onto the market in Regent's Park in recent weeks, as the area continues its transition into true...

New-build homes now account for over a third of London’s super-prime property sales

New-build homes accounted for more than a third (34%) of London’s super-prime £10m+ sales in Q2 2019, up from less than a fifth (18%) two years ago (Q2...

Friday Showcase: Ten featured prime resi listings

Each week, LonRes highlights a selection of properties currently available to buy and rent, from Prime Central London uber-pads to country...

Prime Movers Indices The key players at the top of the market, ranked & profiled

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Britain's Top 50 Buying Agencies
  • 22nd Jan 2018
London's Top 50 Boutique Estate Agencies
  • 22nd Jan 2018
Coming Soon
  • 26th Sep 2017