‘A Dickensian legal process’: Why property deals take so long to complete
Propertymark data shows that, in March 2016, 78% of transactions progressed from offer acceptance to exchange of contracts within 12 weeks; in March 2024, the figure had slumped to just 29%.
The Property Ombudsman reports huge increase in cases & payouts
Housing redress scheme found in favour of consumers in 83% of cases in 2023, awarding a total of £1.52mn.
By PrimeResi
14 key principles for licensed estate agents: Future RoPA Code of Practice opens for consultation
“The new code of practice will look to set standards at a higher level than currently legally set," says steering committee leader Baroness Hayter.
By PrimeResi
Opinions sought on new money-laundering rules for high-end letting agents
The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.
By PrimeResi
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Trio of heavyweight Chestertons agents join Azar’s growing brokerage in PCL
Top-billing sales pros Rowland King, George Smith & Matthew Chard have signed to UK Sotheby's International Realty.
By PrimeResi
In Pictures: Park Modern penthouse pitched as ‘the finest new turn-key residence in London’
Listed at £42mn, the five-bedroom apartment features interiors designed by Fenton Whelan's in-house team.
By PrimeResi
LonRes Awards 2025: The Winners
London's top dealmakers were recognised at the firm's 25-year anniversary bash in Belgrave Square on Wednesday night.
‘Almost mythical’ Chelsea estate could be worth £250mn-plus, says luxury broker
Nest Seekers International’s Ali Khadir weighs in on significance - and speculative value - of landmark property in SW3, as billionaire owner voices disillusionment with UK.
Charted: The evolution of London’s prime property market, 2000-2025
Exclusive LonRes data reveal which parts of the capital’s prime property market have seen the most significant price growth over the last 25-years.
By PrimeResi
Non-dom changes create £401mn stamp duty ‘black hole’ – Knight Frank
Policy shift blamed for slump in £5mn-plus deals and mounting pressure on Treasury purse strings.
Investor swoops on pair of Knightsbridge apartment buildings
Boutique PCL agencies collaborate on big-ticket deal just around the corner from Harrods.
Luxury property brokerage adds two more big-hitters in PCL
Alex Bourne & Danny Daniel join United Kingdom Sotheby’s International Realty, the latest additions to its growing team in the capital.
Dubai soars as global super-prime market ‘hits a new gear’
Knight Frank reports overall rise in $10mn property deals around the world, but ‘adverse taxation shifts’ take their toll in London.
Itani expands Global Branded Residences with significant new hires
Aldo Flakstad has moved from Knight Frank in Italy; Anna Carner joins from JLL in London.
By PrimeResi
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£15mn Clarges Mayfair apartment sparks global bidding war
The trophy residence overlooking Green Park sold sight unseen for ‘well above’ asking.
CBRE names Europe & UK chair
Company veteran Marco Hekman steps up as two long-standing UK leaders prepare to leave the business.
By PrimeResi
In Pictures: Inside a Fontanella-designed ultra-prime mansion in Knightsbridge
Luxury developer Caudwell collaborates with top-end designer on £58mn Fonteyn House project, opposite the V&A.
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Copenhagen has usurped Vienna in The Economist magazine's annual lifestyle assessment.
By PrimeResi
Prime London Property Market Snapshot: Week 25, 2025
Prime London property agents recorded 5% fewer sales in the first half of 2025 than in 2024, while 11% more homes have been listed for sale.
By PrimeResi