Average London house price tops £500k for the first time
The pace of property price inflation picked up dramatically towards the end of last year, according to the latest official UK HPI. London's average property price has topped £500,000 for the first time, while the UK average has reached a record high of £250,000.
Prime Central London ‘has now bottomed out’ – Savills
Back to work plans are boosting demand for town and city homes, says Savills, but the country house and coastal property markets are still riding high.
£1m+ deals have soared 12-fold in 20 years, as the average house price has almost tripled
Today's prime property market is "much bigger and more complex" than in 1999, says mortgage firm Private Finance as it charts the rise of seven-figure transactions over the past two decades
By PrimeResi
Knight Frank swings house price forecast up, from 0% to +5% this year
UK property prices are likely to rise this year, says Knight Frank, as it follows other market-watchers in revising up forecasts.
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Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
By PrimeResi
Knight Frank names first affiliate brokers after nearly 100 enquiries
The agency says the launch of its self-employed broker model has generated a 'hugely positive' response as wider growth plans target 36 London markets.
Dubai property developer named as prospective buyer of ‘£190mn’ London mansion
The FT cites 'people familiar with the matter' to identify the prospective new owner of The Holme in Regent's Park.
By PrimeResi
LonRes Awards 2026: The Winners
Updated with party pictures: 'Deals - and outstanding deals at that - are still being done,' says LonRes' Anthony Payne, as firms including Savills, Chestertons, DDRE Global, UK Sotheby's and Black Brick…
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
First Look: Vabel unveils boutique Bayswater scheme as Queensway’s £3bn revamp gathers pace
The designer-developer has opened the doors to five show homes at Vabel Townhouse, with four more due to follow later this year.
Cadogan Place mansion changes hands in £35mn-plus deal
1810 townhouse was previously described as 'an archetypal London trophy home in the archetypal trophy location'.
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
In Pictures: John D Wood & Co.’s Summer Party 2026
Venerable estate agency held its annual bash in Belgravia last week.
By PrimeResi
LATEST ARTICLES
High Court orders buyer to pay more than £3.4mn after London mansion deal collapses
Judge found developer acted reasonably in reselling £16.9mn trophy home after buyer twice failed to complete.
Cadogan Place mansion changes hands in £35mn-plus deal
1810 townhouse was previously described as 'an archetypal London trophy home in the archetypal trophy location'.
American & Gulf buyers are ‘dominating’ the PCL market this year
'All the biggest deals over the last six months have been to either wealthy American or Gulf families,' says Beauchamp Estates, with US HNWIs behind nearly a third of Mayfair sales above £5mn in 2026…
By PrimeResi
Survey reveals ‘biggest threats’ to self-employed property professionals
More than half of respondents to an accountancy firm's survey said they have considered giving up working in the self-employed property sector in the last year, and considered an employed role instead.
By PrimeResi
Upper-end agency launches property auction service
Ray Purchase is leading Fine & Country's new 'premium auction service for vendors across the UK.'
By PrimeResi