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.
By PrimeResi
‘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
By PrimeResi
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.
By PrimeResi
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Knight Frank rolls out new commission and pay structures
‘Significant evolution’ across estate agency business includes new performance incentives, as 130-year-old firm looks to 'provide visibility over earning potential'.
Ranked: Britain’s top 10 prime & super-prime property agencies by market share
Savills leads for £1mn+ listings, but is just pipped by Knight Frank in the super-prime arena, according to a specialist marketing firm's analysis.
By PrimeResi
St John’s Wood Square marches towards launch, hitting major construction milestone
The former barracks site in NW London is being transformed into a 120-home super-prime scheme by a team led by Sir George Iacobescu.
Knight Frank doubles down on super-prime lettings amid ‘surging’ top-end demand
Agency appoints new Co-Head of Super Prime Lettings for PCL as globally mobile UHNWIs continue to drive activity above £5,000 per week.
Rich List 2026: Britain’s 50 wealthiest property tycoons
Annual rundown of Britain’s richest families and individuals puts combined wealth at £784bn - up slightly on last year - but shows more UHNWIs are now based overseas.
Battersea tower decision ‘extremely disappointing’, says developer
Appeal dismissed over controversial Farrells-designed scheme beside Battersea Bridge; Rockwell laments rejection of ‘great addition to London’s skyline’.
After Starmer: Becky Fatemi on the property stakes in Labour’s leadership contest
The UK does not need to be the lowest-tax country to attract wealth, but it does need to feel steady, warns luxury brokerage chief as buyers & sellers brace for renewed uncertainty.
By Becky Fatemi
Rare super-prime penthouse deal closes in NW London
Phillips Harrod & UK Sotheby’s collaborate on one of the biggest apartment sales across NW1 and NW8 in recent years.
In Pictures: 1930s Wentworth ‘masterpiece’ hits the market at £15mn
The Oliver Hill-designed Cherry Hill is one of the most significant private homes on the exclusive Surrey estate, say agents
JLL slashes London property price forecast
Property consultancy had expected PCL values to bottom out this year, but 'geopolitical headwinds' mean a further 5.5% decline is on the cards before 2026 is done.
By PrimeResi
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New £100mn PCL fund completes first acquisition
Catalyst & REDD acquire rare Belgravia development project as 'opportunistic' investment drive gets underway.
Maskells recruits Mayfair specialist Holmgren
The agency's new Director previously worked at Beauchamp Estates.
By PrimeResi
Self-Employed Vs Traditional: Estate agents’ performance compared
Analysts claim self-employed brokers are ‘more likely to sell a property’ than traditional estate agents.
By PrimeResi
House price growth flatlines – official data
London prices continued to fall in March, according to the latest UK HPI, for the eighth month in a row.
By PrimeResi
Buyer swoops on long-standing super-prime listing in Belgravia
Switzerland-based purchaser exchanged on turnkey mews amalgamation within a week of viewing.