Average transaction time jumps to 295 days
Property sales are being agreed more quickly, but the processing of transactions is taking a lot longer than before the pandemic and Stamp Duty holiday.
Londoners on the move: How ‘rebalancing priorities’ are influencing the decisions of four key London buyer types
Savills' research team has profiled four key London buyer types and how their changing wants and needs are impacting the prime residential markets.
Prime London saw 12% more £5m+ property sales in 2020 than in 2019
Surprisingly high prime sales volumes are "a clear demonstration of confidence in London as a leading world city," says Savills.
‘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.
Most read
Super-prime agent & social media star launches ‘game-changing’ property brokerage
One of London's best-known top-end agents has set up a 'forward-thinking' luxury property brokerage that 'understands the power of storytelling & digital influence in a new era of property.'
Super-prime developer lines up £225mn scheme in Notting Hill
Valouran continues to build pipeline of landmark projects, unveiling plans for a 'major play' on Westbourne Grove.
John D Wood & Co. recruits Knight Frank’s Kilgarriff to lead Central London Lettings
A senior KF operator has moved to a key role in Polly Ogden Duffy's team at JDW.
West End office building set for boutique luxury resi conversion
Dukelease & BST England have teamed up to transform a handsome period block on Hallam Street into six high-end apartments.
Dexters names new CEO
Estate agency's CFO & Deputy CEO Ash Kashyap steps up to the top job as Andy Shepherd retires.
‘The centre of gravity has shifted’: Ranking Europe’s top-performing luxury property markets through the last decade
Key trends revealed in long-term analysis of Knight Frank's Prime International Residential Index.
Foxtons’ sales revenue jumps 73% to hit a ten-year high
The high-profile agency had a 'very strong start to the year' as buyers scrambled to beat the stamp duty deadline.
In Pictures: ‘One of Ireland’s finest contemporary country houses’ seeks €8mn
Agents instructed on 111-acre estate with spectacular centrepiece & 'unrivalled waterside appeal'.
Dexters reports another 23% revenue jump
Income from the estate agency's lettings business rocketed by nearly a third last year.
Deal numbers pick up in Prime London but ‘uncertainty ahead’
There were some positive signs for the sales market last month, reports LonRes, but the top end is still struggling with rising supply and weaker demand.
LATEST ARTICLES
Salary Survey: What are UK property professionals earning in 2025 – and what do they really value?
New report reveals how salary structures & hiring trends are evolving in response to market conditions & new legislation.
DDRE Global brings in major player to realise American ambitions
Anastacia Murray-Watson has joined Daniel Daggers' luxury brokerage after more than 18 years at Knight Frank.
Former Savills Director launches indie buying agency
After a successful career in Edinburgh & London estate agency, Charles McCosh's new venture provides property search services across Buckinghamshire, Berkshire & Hertfordshire.
Property agency sponsors Olympic swimming champion
Knight Frank says multi-gold medallist James Guy MBE will be an 'inspiring ambassador' for its brand.
Dubai’s resi market just posted one of its best-ever quarters
Latest analysis shows record-high sales volumes & values as off-plan properties & premium neighbourhoods drive growth.