Average time it takes to sell a home falls by 44 days
It now takes an average of 250 days for a property to move from initial marketing to a completed sale.
Confidence amongst top-end home-movers has bounced back to where it was in early 2022
Savills has surveyed 1,200 prospective prime property buyers and sellers to see how attitudes have shifted in the last year.
By PrimeResi
Mortgage approvals rise for the first time since August
But approvals are still running a third below their pre-pandemic average.
By PrimeResi
Buying agency reports ‘improving levels of cautious optimism’ amongst home-movers
'Whilst the prime property market has healthy levels of activity it nonetheless remains incredibly price sensitive,' says Garrington.
By PrimeResi
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London Square continues prime site acquisition run with ‘extremely attractive’ Brook Green project
The former school site in West London is the Aldar-owned property developer's eighth acquisition so far this year.
‘Arguably the finest in Mayfair’: Trophy townhouse lists at £49.5mn
Grand red-brick specimen on Balfour Place is the only double-fronted south-facing home in Mayfair Village.
Former Northacre sales boss launches new venture
Simon Edwardson's Wind Leaf will be offering up 'market leading advisory services for residential and commercial assets on a worldwide basis'.
Another ‘milestone’ deal in Mayfair as super-prime buyers make their move
Conditions are nervy, but some HNWIs are sensing an opportunity & taking a long-term view, reports top acquisition firm.
Abrahmsohn on non-doms, £50k pw rentals & why October 30th will be a watershed moment
Next month's Budget could send shockwaves through every stratum of the property market, writes veteran agent Trevor Abrahmsohn.
Russell Simpson strengthens PCL team
Daniel Trelease and Oscar Martinelli have joined the family-run firm's Chelsea office.
By PrimeResi
Mega-deals dry up as caution slows London’s top-end property market
You could count the number of £30mn-plus sales that happened in the last year on two hands.
New Earls Court plans submitted, promising ‘a global destination’ with 4,000 new homes
Delancey's Earls Court Development team promises 'a place for everyone, a neighbourhood that brings people together, where they feel welcome, safe and included.'
By PrimeResi
Behind the numbers: How many non-doms will be affected by next year’s changes?
Savills estimates that 22,100 non-doms are likely to be exposed to proposed tax changes.
By PrimeResi
‘Iconic’ Dubai property developer sets up shop in Knightsbridge
Super-prime & branded residence developer Binghatti is to open a 'concept store' near Harrods in London.
By PrimeResi
LATEST ARTICLES
Dollars & La Dolce Vita: How Europe’s luxury homes became the hot ticket for America’s super-rich
'We heard recently of an American couple who have bought houses in seven different countries in the past 18 months – and are keen to buy more': Top buying agent Philip Harvey explains what's driving h…
JLL ‘reaffirms commitment’ to PCL with raft of resi promotions
Agency's senior-level reshuffle in and around Prime Central London - including a new Head of Lettings - follows new appointments.
By PrimeResi
‘Iconic’ Dubai property developer sets up shop in Knightsbridge
Super-prime & branded residence developer Binghatti is to open a 'concept store' near Harrods in London.
By PrimeResi
In Pictures: Greek fashion tycoon lists Mykonos mega-villa for €25mn
Villa Lithos is one of the biggest listings in the Greek islands so far this year.
Postcard from South Africa: ‘The future’s looking bright for the Rainbow Nation’s real estate market’
Berry Everitt of Chas Everitt shares a rosy view of the South African economy and property market, following the election of the Government of National Unity.