£1m+ sales are running 100% above last year’s level as prime leads the property market rebound
The prime market has led the post-lockdown rebound in UK property market activity, suggests data from Rightmove and Knight Frank, with a notable spike in £1m+ deals.
London super-prime property sales are running 75% above the pre-pandemic level
London’s top-end housing market is continuing its strong run, says Savills, with more £5m+ sales going through so far this year than in any full year since 2015.
By PrimeResi
104 property sales worth £2.06bn: London’s super-prime market in five charts
Some fascinating insights into this year's £10m+ sales market from Knight Frank, including a flurry of £30m+ deals, building demand for super-prime, currency plays, and how UHNW buyers are getting younger …
By PrimeResi
What’s next for prime markets? Eight factors shaping the top end of the UK’s property market
A year after the pandemic struck, Savills is "optimistic" about the outlook for Britain's prime property markets...
By PrimeResi
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‘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…
By PrimeResi
£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.
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.
‘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.
By PrimeResi
Super-prime London property agency launches Marbella outpost
Gary Hersham's Beauchamp Estates is opening a fifth Mediterranean office.
By PrimeResi
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.
‘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.
Second-home buyers race to beat SDLT deadline
UPDATED: Agencies finalise series of 'rapid' high-end sales in Prime Central London following surprise tax hike announced in the Autumn Budget.
Agency ties up England’s biggest land sale of the last 30 years
The Wildlife Trusts have agreed to acquire the 9,500-acre Rothbury Estate, which has been in the Percy family for seven centuries.
By PrimeResi
Tom Bill: What does the Budget mean for the UK residential property market?
Knight Frank's head of UK resi research summarises the key takeaways from Rachel Reeves' big speech & looks at the likely impacts on the real estate sector.
By Tom Bill
LATEST ARTICLES
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.
By PrimeResi
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.
By PrimeResi
Corporate relocation agency launches private clients division
Belgravia-based R3Location now provides personal property search & acquisition services, in addition to its established corporate relo offering.
By PrimeResi
Agents invited to join influential proptech advisory panel
REACH UK's Agent Advisory Panel aims 'to bridge the gap between the challenges PropTech companies face during development and the real-world demands of the property sector.'
By PrimeResi