Agency reports ‘renewed momentum’ in prime country markets as demand jumps 50%

Savills says top-end values 'are continuing to ease back, albeit at a slower pace, at a time when we might have conservatively expected them to bottom out, if not pick up.'

Q1 saw a slight increase in the proportion of open-market £2mn+ property listings that had already secured a buyer.

Garrington says it is seeing 'sellers recalibrate as the realities of a more competitive landscape set in.'