A fifth of homes have seen values rise by more than the average UK salary in the last year
Zoopla estimates that 4.6 million private homes in the UK rose in value by more than £30,500, the average UK salary, in the last year. That's 21% of all privately owned homes in the country.
‘We suspect house prices will rise only 1% over the year and would not be at all surprised if they stagnate’ – EY
EY's Spring ITEM Club predicts muted property price growth ahead, with a 'limited' upside even if a Brexit deal is agreed. A no deal exit could see house prices fall by 5% in 2020
The Rise of ‘Necrotecture’: Half of London’s new-build homes are underused, claims academic
And 64% of London homes worth more than £5m are "empty", according to a new study by Rowland Atkinson, Chair of Inclusive Studies at Sheffield University
The total value of British homes has climbed by £1.6 trillion in the last five years
A sharp acceleration in property price inflation means that the combined value of British homes has climbed by £550 billion (a third of the total five-year increase) in just the last 12 months, according…
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Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
My Property Career: Quickfire Q&A with Charles Leigh
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Resi developer & investor team up for €150mn luxury Marbella project
Major Spanish housebuilder confirms a 'strategic expansion' in the prime residential arena.
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REDD lands 12,000 sq ft mansion project in Notting Hill
Private client commission will see substantial villa reworked into 'best-in-class' family home.
The Whiteley reaches practical completion; full amenities line-up unveiled
Eight-year overhaul of London’s first department store has delivered 139 homes with 'best-in-class' facilities, a Six Senses hotel - and some new benchmarks for the sales market.
The Agency Group adds Head of New Homes
Prime-focused firm is looking to grow its presence in the new-build market.
Chestertons Global expands into India
'India is one of the most compelling real estate growth stories globally,' says CG boss Mohamed Mussa.
Fine & Country moves into Madrid
Alejandra Santos & Carlos Rojo have taken on the estate agency's licence in the Spanish capital.