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

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...

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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