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.
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RIB recruits top Sotheby’s agent in ‘significant’ prime resi push
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
‘Disruptive’ country property agency hits £220mn in sales
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
Trophy Mayfair block seeks £40mn
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
Buyer sought for ‘exceptional’ Chelsea development site
Freehold swathe on sought-after Tite Street has scope for a significant prime resi scheme.
London property consultancy recruits director of private clients
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
Election 2024: Prime property sector sees “cause for optimism” in the prospect of a Labour government
'The likelihood of an incoming Labour government no longer feels like a massive threat to prime property markets in London and the country,' says Middleton Advisors.
A year since Truss: Understanding the impact on the property market
Ahead of the anniversary of the infamous ‘mini-budget’, Strutt & Parker's Kate Eales looks back on a tough 12 months for the UK housing market - and explains what we've learned along the way...
Abrahmsohn: On dealing with gazumping & gazundering
Gazumping & gazundering are the uninvited guests of a bull & bear market, but there are ways to mitigate the risks of them trashing the house; one of the most experienced agents in the business explains…
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In Pictures: ‘Wild-luxury’ scheme in Dubai aims to ‘define the next generation of 21st century buildings’
European developer's 'holistic' waterfront project has been inspired by the Banyan tree and will feature thousands of crystals to 'eliminate any negative energy'.
Valouran tees up £120mn luxury resi scheme on Billionaires’ Row
Alex Michelin & Matthew Robertson's new development firm announces plans to deliver a 30-unit scheme on The Bishops Avenue, just weeks after embarking on a top-end project in St John's Wood.
Jo Eccles: The autumn market is gathering momentum
Buyer confidence has been boosted by a number of factors over the last few weeks, and enquiries levels are back up to last year's levels, reports Eccord's MD.
RICS launches ‘manifesto for the built environment’ ahead of General Election
The RICS says it is its "duty to advocate policies that provide solutions to some of the most important challenges of our time."
Global house prices tick up as interest rates look peaky
'The rapid approach of peak rates is coinciding with a modest improvement in housing market conditions in some key global markets,' says Knight Frank.