5 months of ‘above-average’ property market activity in 4 charts
Sales activity across the UK and in London in 2024 so far is running 7% above the average level seen from 2017 to 2019.
A ‘spring surge’ in property market activity could turn into a ‘spring standoff’, warns buying agency
Estate agents are telling Garrington's team that they 'are having to accept vendor-led prices to ‘test the market’ prior to either offering price reductions or accepting a lower offer.'
By PrimeResi
‘Green shoots of recovery’ emerging for the property market, as buyers pay closer to asking prices
Hamptons highlights a series of property market metrics that show a recovery from the post-mini-Budget slump.
By PrimeResi
Fastest-moving property market in five years, as buyer demand stays high
The annual rate of UK property price inflation was running at +6.1% in August, according to Zoopla; that's more than double the rate recorded in August last year.
By PrimeResi
Most read
UK Sotheby’s International Realty confirms departure of Managing Partner Reynolds
Claire Reynolds spent 19 years with Savills before joining George Azar's brokerage to lead a dramatic expansion in prime London.
By PrimeResi
Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
By PrimeResi
£50mn trio of trophy apartments sold at 9 Millbank
Series of super-prime sales at the landmark St Edward scheme marks a 'significant milestone' for Westminster's property market, says agency.
Turning the page: Why it’s time to exit the ‘Wexit’ echo chamber
It would be impossible for prime markets not to feel the impact of recent tax changes, but the reality of the 'wealth exit' on the ground is different from the media perception, say top property advisors…
Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
By PrimeResi
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
Big-brand luxury property brokerage launches ‘flagship’ West London office
UK Sotheby’s International Realty has opened a fifth branch in the capital, setting up shop with a strong team on Kensington Church Street.
By PrimeResi
New boutique agency eyes SW London expansion
Beaufort Green was launched last year by former Dexters sales director Charlie Ince-Green.
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
By PrimeResi
Knight Frank downgrades PCL house price growth forecast
'Needs-based' housing markets are likely to see prices rise faster than previously thought, but Knight Frank has cut its near-term forecast for Prime Central London 'due to the fact the political backdrop…
By PrimeResi
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Gravett takes over as CEO of Cluttons
Outgoing boss James Gray is retiring at the end of August after 35 years with the business.
Imposing Berkshire school site pitched for sale with resi potential
'Opportunities of this scale and heritage rarely come to market,' says Knight Frank.
By PrimeResi
Oliver Burns hires ex-Morpheus & Co design chief to spearhead international strategy
Kelly Cinnamond Santos will lead the super-prime studio’s move into global hospitality and branded residences.
New land & development consultancy launches in the Home Counties
Mito Land has been set up by Carter Jonas alumnus Toby Lambert and former Jarvis Homes Director Michael Margereson.
By PrimeResi
Lendlease confirms ‘late stage’ negotiations for major Crown Estate JV
Elephant Park, Silvertown & Euston over-site developer is looking to 'accelerate the release of capital from international development through capital partnering'.
By PrimeResi