60% of sales going to best & finals in parts of London as competition hits ‘fever pitch’
83% of Savills agents have seen an increase in competitive bidding in recent months
What to read next
London’s sales pipeline swells as number of offers accepted hits ten-year high
Pipeline now stronger than it was in the final months of the stamp duty holiday in 2021, reports Knight Frank.
Prime Central London sales pipeline hits ten-year high
The number of offers accepted in November was 116% up on the same month last year, reports Knight Frank, but uncertainty over the new variant is keeping some overseas buyers away
Prime London sales market in ‘best shape since 2014’
New analysis finds the prime postcodes in rebalancing mode, with some encouraging signs, but the market is expected to soften as we head deeper into H2.
Companies in this article
SavillsMost read
Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
Billionaires’ Row mansion changes hands for £30mn
Official records reveal big-ticket resi deal on one of north London's most famous addresses.
US buyer lands super-prime pied-à-terre at The Whiteley
PCL buying agency sources off-market 3,000+ sq ft apartment at landmark Bayswater scheme, amid signs of 'real momentum' returning to the prime London market.
Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
By PrimeResi
High-profile royal mansion heading for the private rental market?
Former home of Andrew Mountbatten-Windsor has 30 rooms and is said to cost £400k-a-year to run.
HMRC wins high-stakes developer tax battle
Tax authority said £5.4mn dispute potentially had £1bn implications.
Time vs Money: Ollie Marshall on the changing calculation for Britain’s wealthy
Top buying agent on the expats who left to preserve their money - but may ultimately return to preserve their time.
Trio of seasoned London agents sign to D&G’s self-employed broker model
Tania Smith, Dinishka Jayasena & Charlie Rosling previously held senior roles with the likes of Foxtons and Winkworth.
By PrimeResi
Prime London deal volumes pick up as buyers negotiate rather than walk
Latest numbers put transactions 2% above the five-year average - but it’s a very different picture depending on where you look.
LATEST ARTICLES
PCL heavyweight Willis joins Forbes-backed brokerage
EXCLUSIVE: Former Strutt & Parker board member signed up as Founder Partner and MD as Martin Bikhit builds out new UK luxury agency.
London Square picked for 133-home Waterloo scheme
Aldar-owned developer takes on resi element of major new health and life sciences quarter.
Constellation brings in former Six Senses chief to build new global luxury brand
Neil Jacobs to oversee new international collection spanning hotels, resorts and residences, including London landmarks The Connaught, The Berkeley and The Emory.
Zoopla returns to profit as home valuation activity jumps
Leading portal continues to shift focus from property listings towards becoming a 'data-driven homeowner platform.'
By PrimeResi
Well-known Marylebone pub set for prime resi reinvention
Beauchamp Estates says the old Beehive pub could become 'one of the most exceptional homes in the area,' after selling at asking price.
By PrimeResi