40% of properties sold for more than their original asking price in June
"Astonishing" demand broke more property market records last month, reports Propertymark, but the estate agency organisation does anticipate "a rebalancing of the market over the coming months."
Properties sold above asking price reach an all-time high as demand continues to outpace supply
There are 16 buyers for every available property on the market, according to Propertymark.
‘Top of the ladder’ properties lead Spring’s asking price bounce
The average asking price of a new property coming to market increased by 0.9% in the last month, reports Rightmove, with four regions reaching record highs
Property sales boom ‘is not anticipated to last’ but ‘there is no sign of house price inflation losing any steam’ – RICS
Surveyors report the widest mismatch between property supply and demand since 2013, as agreed sales numbers continue to rise ahead of the end of the Stamp Duty holiday.
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Super-prime agent & social media star launches ‘game-changing’ property brokerage
One of London's best-known top-end agents has set up a 'forward-thinking' luxury property brokerage that 'understands the power of storytelling & digital influence in a new era of property.'
Super-prime developer lines up £225mn scheme in Notting Hill
Valouran continues to build pipeline of landmark projects, unveiling plans for a 'major play' on Westbourne Grove.
John D Wood & Co. recruits Knight Frank’s Kilgarriff to lead Central London Lettings
A senior KF operator has moved to a key role in Polly Ogden Duffy's team at JDW.
West End office building set for boutique luxury resi conversion
Dukelease & BST England have teamed up to transform a handsome period block on Hallam Street into six high-end apartments.
Dexters names new CEO
Estate agency's CFO & Deputy CEO Ash Kashyap steps up to the top job as Andy Shepherd retires.
‘The centre of gravity has shifted’: Ranking Europe’s top-performing luxury property markets through the last decade
Key trends revealed in long-term analysis of Knight Frank's Prime International Residential Index.
In Pictures: ‘One of Ireland’s finest contemporary country houses’ seeks €8mn
Agents instructed on 111-acre estate with spectacular centrepiece & 'unrivalled waterside appeal'.
Dexters reports another 23% revenue jump
Income from the estate agency's lettings business rocketed by nearly a third last year.
Foxtons’ sales revenue jumps 73% to hit a ten-year high
The high-profile agency had a 'very strong start to the year' as buyers scrambled to beat the stamp duty deadline.
Scottish politicians float ‘mansion tax’ on £1mn+ homes
A reported amendment to the Scotland's new Housing Bill could mean a 'mansion tax on the biggest & most luxurious houses' as well as higher taxes on overseas buyers.
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DDRE Global brings in major player to realise American ambitions
Anastacia Murray-Watson has joined Daniel Daggers' luxury brokerage after more than 18 years at Knight Frank.
Former Savills Director launches indie buying agency
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Property agency sponsors Olympic swimming champion
Knight Frank says multi-gold medallist James Guy MBE will be an 'inspiring ambassador' for its brand.
In Pictures: Extraordinary private island in Essex asks £25mn
'Few can claim ownership of an island, and there is only one that is commutable to London', say agents marketing 380-acre retreat favoured by A-listers.