Headlines for Saturday 27th February 2021

Wealthy overseas buyers prepare to swoop on UK’s super-prime market

‘Be ready now to beat the rush when the flights resume’, Knight Frank tells vendors…

Rightmove profits plunge by 37%

Estate agents paid Rightmove an average of 28% less per branch in 2020 compared to 2019 – but the property portal expects marketing spending to recover to at least pre-pandemic levels this year.

Savills Mayfair reports bumper year; takes on £100m mega-instruction

The flagship office on North Audley Street has been flying with co-head of PCL Claire Reynolds at the helm…

Weekly Showcase: Ten featured prime resi listings

PrimeResi’s regular stock check, powered by LonRes

Property portal reports record traffic, but vendors continue to wait

Record numbers of people are browsing the internet for a new home – but there’s a dearth of new sales listings…

In Pictures: ‘Marbella’s finest villa’ offered for €85k a week

Casa Savannah in the Marbella Club is being pitched as “the ultimate summer holiday pad”, featuring “James Bond style” interiors.

Opinions Views & analysis from prime resi insiders

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Future Homes Standard: The impact on build costs, supply chains & land values

Higher build costs to adhere to the government’s stricter energy requirements are already being factored into land bids, writes Lydia Mclaren... The...

Off-market activity ‘has been continuing at a cracking pace’ in Scotland

"While a superficial look at the current market might suggest an ongoing lack of supply, activity under the radar has been continuing at a cracking pace,"...

Why the Covid stamp duty holiday reveals big problems in the housing market

HM Treasury "misjudged" the property market when it introduced the Stamp Duty holiday last March, writes Michael Ball, Professor of Urban and Property...

Long Reads In-depth features on prime resi matters

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Deal Digest: Nine notable penthouse sales from the last year

Much attention has focused on the appeal of large detached houses since the onset of the pandemic, but HNW buyers also appear to be looking up in the race...

Keeping Up Appearances: An architect’s guide to façade retention projects

The re-use of building parts is nothing new. Spolia, from the Latin for 'spoils', is the ancient custom of re-using stone or sculpture. For example, stone...

‘An unusual year’: Britain’s pandemic property market in nine charts

2020 was "an unusual year in the housing market", understates the Office for National Statistics. The annual rate of property price inflation spurted up to...

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

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