£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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One Hyde Park residents win £35mn in building defects case
One Hyde Park Limited has declared a 'decisive victory' as construction firm found liable for remedial works.
By PrimeResi
Buyer sought for rare freehold resi development opp in Marylebone
Prestigious 27,000 sq ft block offered with consent for eight luxury apartments, including a standout penthouse.
£270mn in sales secured at ‘repositioned’ Mayfair scheme
Charles Leigh's team says Q4's standout performance at 60 Curzon 'sends a strong positive signal' for the wider PCL market.
Park Modern’s £60mn penthouse finds a buyer
Reports suggest an AI tycoon has picked up the marquee unit at Fenton Whelan's Bayswater scheme, marking the biggest super-prime sale of the last year.
By PrimeResi
Buying agency secures sizeable discount on Belgravia townhouse
Super-prime residence near The Berkeley was acquired off-market for just under £14mn, illustrating a wider market trend.
My Property Career: Quickfire Q&A with Sian-Louise Tangney
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
In Pictures: North London ‘masterpiece’ with separate cottage seeks £30mn
Exclusive: Listed by DDRE Global, this mansion on Avenue Road is one of the biggest super-prime instructions of the year so far.
By PrimeResi
Leading luxury brokerage expands in the Cotswolds
UK Sotheby's International Realty has bolstered its country house expertise with a brace of senior appointments.
By PrimeResi
GII appoints agents to sell Marriott’s new luxury branded residences in Chelsea
Now fully complete, The Lucan is the first Autograph Collection Residences from Marriott International.
By PrimeResi
Revealed: What UK property professionals earn – and how it stacks up globally
UK real estate salaries rise nearly 10%, but remain well behind the US and Middle East.
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Park Modern’s £60mn penthouse finds a buyer
Reports suggest an AI tycoon has picked up the marquee unit at Fenton Whelan's Bayswater scheme, marking the biggest super-prime sale of the last year.
By PrimeResi
Gavin Swartzman: Is AI working for you, or are you working for AI?
Global luxury brokerage chief shares three key principles agents and brokers can use to harness the power of AI - and grow their value proposition and business.
Westminster issues key update as ‘cyber incident’ fallout continues
PCL council now expects its normal planning systems to be restored by mid-February.
In Pictures: British joinery firm completes ‘jewel box’ transformation in Knightsbridge
James Wellesley & Paulo Moschino unveil their artisanal reworking of a 'characterless' townhouse, reflecting a wider trend for luxury homes 'designed with soul'.
CoStar faces fresh investor criticism over resi focus
Another shareholder has called for the proptech and data giant - which owns Homes.com and OnTheMarket - to rethink its position on residential property portals.
By PrimeResi