'An unsettled summer': London’s prime sales market slows but 'underlying demand is holding up reasonably well'
Even by usual summer holiday standards, August was a quiet one in the prime postcodes, reports LonRes.
What to read next
Pre-Budget speculation spooks Prime London sales market
Fears over looming tax changes are already having repercussions in the capital's top neighbourhoods, as high-end sales slump & appraisals soar.
Prime London sales market in post-election bounce
Deals started flowing again last month, new LonRes data shows, but are the conditions in place for a sustained recovery?
London’s £5mn-plus sales market slows as election looms
Viewings are happening and demand is still there - but it’s just 'below the surface for now', reports Knight Frank.
Most read
High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
In Pictures: 500 industry pros attend inaugural ‘Summer Social’ at the Hurlingham Club
Social Circuit: UK Sotheby's, Enness Global and Lumley brought together professionals from the luxury property, finance and wider private client worlds for an afternoon of networking and entertainment.
des Forges: ‘When the London market turns up, it turns fast’
In Pictures: Top agents and designers gather in Knightsbridge to discuss the capital's prospects & evolving HNW trends.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
Agency duo buy well-known SW London firm
Brendan Wynne & Fraser Allen are consolidating the 33-year-old estate agency's multiple branches into a 'hub office' in central Richmond.
Knight Frank promotes 129
UK business names 18 new Partners in latest promotions round.
Lord Snowdon’s former country retreat on the open market for first time in more than 500 years
In Pictures: An ancient house with high-society provenance seeks £3.95mn.
LATEST ARTICLES
Country house buyers hold back in third summer of uncertainty
Exchanges are down 10%, buyer registrations are down 14%, and average prices have fallen by 5% in the last year, reports Knight Frank.
House price optimism gets a reality check
Fewer than a third of consumers now expect prices to rise over the next 12 months, down from more than half last year, according to latest OnTheMarket poll.
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
London property brokerage Jefferies buys Bayswater lettings firm
Grange will continue to be led by Mez Callender and Christina Lipper.