Main image: Ilchester Place in Holland Park (file image)
£5m+ sales up 10% in Prime London as wealthy buyers shell out for space
'What has changed is that purchasers are buying larger properties and spending more in higher price brackets', reports LonRes.
Prime London market busier than post-election bounce, as high-end sales continue to soar
The £5m-plus market has been flying over the last three months, reports LonRes, with exchanges up by nearly 20%.
London was the biggest super-prime sales market in the world last year
Elite buyers dropped nearly US$4bn on $10m-plus properties in the UK capital in 2020, putting it ahead of traditional rivals New York and Hong Kong in the luxury real estate stakes.
Post-lockdown activity surge continues in Prime London
New instructions have been running at double the levels of last year and more properties have been going under offer, but transaction volumes are taking a while to catch up...
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Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Prime London buyers resurface after Budget clarity – but vendors beat a retreat
Property sales spiked as uncertainty lifted in November, according to LonRes, though supply-side trends point to a cautious year-end.
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RBKC signs off on £10bn Earls Court scheme
Decision completes dual-borough backing for the transformation of central London's biggest cleared development site.
Branded Residences: Louis Keighley on what’s still missing from the sector
Savills' Global Residential Development Consultancy chief identifies three big opportunities in the rapidly expanding branded resi arena...
Mount Anvil gets green light for 274-home scheme in Chelsea
Lots Road South project is set to transform one of RBKC’s largest housing delivery sites.
Forecast: Prime regional markets to rebound as ‘normality resumes’ in 2026
Jackson-Stops anticipates a more settled year for top-end property markets in the coming year.
Prime London Property Market Snapshot: Week 50, 2025
Our latest LonRes data confirms prime London's weakest year since the pandemic, with little sign of a post-Budget bounce in buying activity.