August record for above-asking deals
37% of sales agreed in August were for more than the original asking price, reports Propertymark, as demand continues to rise and supply to fall.
House price inflation rises to highest rate since August 2007 – UK HPI
The annual rate of UK property price inflation climbed to 10.2% in March, according to official data.
By PrimeResi
‘Biggest sales pipeline in a decade’ as deals agreed on over 700,000 homes
Some 704,000 homes are marked Sold Subject to Contract and are now going through the sales process, according to Rightmove; it's the biggest sales pipeline of the last decade, 78% higher than in May 2019.
By PrimeResi
£82bn-worth of resi property deals are in ‘suspended animation’
Zoopla estimates that 50% fewer homes will be sold in 2020 than in 2019... The current rate of deals is about 10% of the usual March tally - a market more akin to late December than Springtime.
By PrimeResi
Most read
Big-brand super-prime brokerage names new MD; reveals bumper H1 results
United Kingdom Sotheby’s International Realty says it racked up nearly £600mn in sales during the first half of 2025.
Interiors lead appointed at super-prime Pimlico scheme
'Landmark' One Bessborough Gardens project is transforming a former Government spy agency HQ overlooking the Thames.
London property market more split than it has been since Brexit – Knight Frank
Agency flags significant divergence in prices and deal volumes between PCL and POL amid ‘summer of speculation.'
From Manhattan to Mayfair via Miami: Where the world’s $30m+ set call home
New research charts the cities with the largest UHNW residential footprints, revealing shifting second-home trends and emerging luxury hotspots.
Major prime agency installs new lettings boss
Daniel Fisher will lead the 153-year-old firm's lettings business into its 'next chapter'.
Rosewood elevates luxury resi ambitions with senior hire
'Residential business is our strategic development focus,' says CEO of global hospitality group, as top-end specialist joins to drive next growth chapter.
Treasury eyes Autumn IHT & CGT hikes
Reports suggest the government 'is trying to work out how it can tap into the vast wave of wealth that will be transferred from baby boomers when they die.'
By PrimeResi
Irish developer Ronan ‘exploring a return to London’ following landmark Dublin deal
Johnny Ronan's Ronan Group - which once had grand plans for Battersea Power Station - is 'actively pursuing opportunities as it charts a course back into the UK market'.
By PrimeResi
Luxury brokerage adds Chelsea, Knightsbridge & Belgravia specialist
Joe Mason has joined United Kingdom Sotheby’s International Realty as Sales Director.
The Times: How a British estate agent conquered New York
Katrina Burroughs meets 'the rising star of the Big Apple’s real estate scene' ahead of the new season of hit Netflix show Owning Manhattan, in this piece for The Times.
LATEST ARTICLES
Major prime agency installs new lettings boss
Daniel Fisher will lead the 153-year-old firm's lettings business into its 'next chapter'.
In Pictures: Inside Echlin’s country house debut in the Cotswolds
Boutique design firm shows off its first interiors project outside of London - delivering 'subtle luxury' for a Singaporean family in Oxfordshire.
By PrimeResi
‘Fierce competition’ in SW London sees renters bid above asking
'75% of family houses were let at the asking price or above on the first viewing' in July, reports Savills.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Four Seasons to launch standalone resi project in Abu Dhabi
Collaboration with asset manager Alain on Saadiyat Island is promising to 'redefine luxury living in the UAE.'