2023 was ‘better than expected’ for the property market, says Rightmove, despite price declines & subdued activity
'There has been more to be positive about in 2023 than many thought there would be at this time last year,' says Rightmove's top property market analyst.
Prime London Property Market Snapshot: Week 43, 2023
Negative numbers abound in our latest weekly sit rep for the prime London property market.
Prime London Property Market Snapshot: Week 42, 2023
41% fewer property sales were agreed in prime London last week compared to the same week in 2022, according to the latest PrimeResi Data Hub update.
Prime London Property Market Snapshot: Week 41, 2023
Market metrics continue to point to a slowing market, with 18% fewer sales agreed in prime London so far this year compared to last, and 26% fewer than in 2021.
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Developer sought for ‘iconic’ Chelsea cinema site with prime resi potential
The Grade II listed former theatre & cinema features a prominent Art Deco façade on the Fulham Road.
Green light for new Valouran & Marcus Cooper Group project in Knightsbridge
Luxury developers' revamp of a grand townhouse & mews promises to 'set a new benchmark' for the prestigious PCL neighbourhood.
Dexters buys another London estate agency
'This expansion marks an exciting step forward in strengthening Dexters’ presence across South London,' says prominent property firm as it opens two new branches & acquires James Alexander in Norbury.
Knight Frank bolsters super-prime lettings team with Strutts high-flyer
New KF partner Joss Hatcher-Davis spent nearly a decade at his former agency, and was consistently ranked as the highest biller.
After the goldrush: Mayfair’s luxury new-build supply dwindles as development boom fizzles out
Planning restrictions & rising construction costs have driven a major shift in London's most exclusive neighbourhood.
Agency claims ‘dominance’ in super-prime Surrey with 75% deal share
Knight Frank highlights six big-ticket sales in the Home Counties, arguing that rising buyer interest in Surrey 'could be an indicator of a widespread market resurgence, marking the ground zero of the…
Knight Frank celebrates successful Wealth Report launch & media campaign
The property firm's flagship research report was unveiled in front of 300 private clients & their advisors last week, and has generated more than 1,000 pieces of media coverage so far.
Agency serves up hi-spec Wimbledon mansion for £10mn
The recently built residence, which has a zero on-site carbon operating footprint, is being billed as 'the ultimate in modern luxury'.
Auriens brings in boutique estate agency for 2025 sales push
Luxury later living operator announces 'strategic collaboration' with longstanding firm in Chelsea.
US buyers dominant in PCL as government sends mixed signals to foreign investors – Knight Frank
Stability could be the UK’s strength right now, so it feels like unfortunate timing to be replacing our non-dom tax regime with something less competitive, says research boss Tom Bill.
LATEST ARTICLES
Luxury brokerage recruits another raft of top agents to drive SW London expansion
Fast-growing agency United Kingdom Sotheby’s International Realty confirms quartet of 'stellar' hires, including some big names from Knight Frank.
After the goldrush: Mayfair’s luxury new-build supply dwindles as development boom fizzles out
Planning restrictions & rising construction costs have driven a major shift in London's most exclusive neighbourhood.
Only three new £1mn+ property markets created in the last year
Stubbornly high mortgage rates mean fewer £1mn housing markets are being created, writes Tom Bill as Cambridge, Chichester & Winchelsea join the seven-figure club.
Rental growth ‘grinds to a halt’; reverses in London
UK rental values are rising at the slowest rate since September 2020, says Hamptons, dragged down by falling prices in London.
Landlords dominate UK Ltd company landscape
Hamptons estimates that 70-75% of new buy-to-let purchases now go into a company structure.