Average time to sell a home jumps to 141 days
In 2019, it took an average of 129 days from a listing first appearing on a property portal to the transaction completing. That's jumped to 141 days in 2020.
£1m+ home numbers rise for the first time in five years
A sharp rise in 2020 means that Britain is now home to 53% more seven-figure properties compared to a decade ago - but 7% fewer than in 2015.
National average house price increased by 11.8% in the year to September – UK HPI
London's average property price dropped by a sharp 2.9% in September, according to the latest official statistics, taking annual growth in the capital down to +2.8% (from +6.7% in August)
‘All of the key buyer metrics are [now] ahead of early 2020’ – Rightmove
Asking prices, buyer enquiries and agreed sales all picked up last month, but far fewer properties are coming to market compared to last year.
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Regent’s Park’s ‘White House’ reportedly set to resell at £190mn
The deal would represent a significant uplift in The Holme's value since 2024.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
Heavyweight property companies exit FTSE 100
Berkeley Group and Rightmove are both being relegated from the UK's index of corporate giants.
SW London estate agency appoints new sales & lettings heads
Arrival of a new Head of Sales and a new Head of Lettings 'mark an exciting new chapter for Lawsons & Daughters,' says boss Sanjay Joshi.
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Cadogan warns of ‘material impact’ of leasehold reforms on resi business
Chelsea landlord/developer says new legislation 'will result in a financial loss to Cadogan and will fetter our ability to manage and invest with confidence in the Estate.'
In Pictures: Four designers, one brief at Chelsea Waterfront
Eight designer-curated show apartments offer contrasting takes on Thameside living at the luxury SW London scheme.
‘Everyone is running twice as hard’: Guy Meacock on a ‘confused’ Prime London market
The context of what is normal no longer applies, says director of buying agency Prime Purchase.
Resi development viability pressures mount as build costs outpace values
The government's ambitious housebuilding target rests on ‘fine margins’, warns Lichfields.
International luxury broker network adds two new Caribbean outposts
Agencies in the Cayman Islands and in St Vincent & the Grenadines have signed to Chestertons Global.