‘Balance returns’ to the property market as supply picks up
Knight Frank reports that "after an initial burst of demand following the re-opening of the market on 13 May, the number of new sellers has risen and the ratio between supply and demand has normalised."
PCL property prices rise as the market ‘picks up where it left off’ at the end of 2019
Prime Central London has seen annual property price growth for the first time since before the EU Referendum, reports Knight Frank.
By PrimeResi
What’s next for prime markets? Eight factors shaping the top end of the UK’s property market
A year after the pandemic struck, Savills is "optimistic" about the outlook for Britain's prime property markets...
By PrimeResi
‘Chill winds returned to the London prime property market over the summer’ but ‘there are now reasons for optimism’
"Chill winds returned to the London prime property market over the summer," says Coutts bank, although "there are now reasons for optimism regarding a potential bottoming of the market"
By PrimeResi
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Budget 2025: The luxury property industry’s hopes, fears & expectations
PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.
By PrimeResi
PCL agency co-founder joins UK Sotheby’s International Realty
George Vernon has taken up a Consultant Senior Lettings Director role at the luxury brokerage.
Buyer sought for £100mn-GDV luxury resi project in Mayfair
Agents are expecting global interest in the ‘oven-ready’ development opp on Upper Grosvenor Street.
London estate agency announces major recruitment drive
Dexters wants to take on 200 new recruits via its Training Academy in 2026.
By PrimeResi
Knight Frank appoints Head of Short Lets amid expansion drive
The high-profile agency is looking to ramp up its presence in the short-term rental market.
New sales & marketing boss at The OWO Residences
Alex Rusling will be leading sales & marketing activities at the super-prime Raffles-branded scheme in Whitehall.
‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.
In Pictures: £27mn Rossetti-inspired penthouse launches at Marylebone Square
Marquee unit at long-running PCL project has been named after Christina Rossetti - and is being sold with a first edition collection of poems by the celebrated romantic writer.
American investment boom could ‘lift London house prices’ by up to 3%
Top-end mortgage broker reports a spike in transatlantic enquiries following the recent US State Visit.
By PrimeResi
Savills cuts mainstream house price forecasts again
Average property values likely to increase by 22.2% over the next five years, say analysts, as regional price divides narrow.
By PrimeResi
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House prices lower than 20 years ago across a quarter of Great Britain – Savills
While nominal prices have jumped by an average of 95% over the past two decades, analysis shows inflation-adjusted gains remain below 9%.
Former CBRE resi chief Collins joins Kingdom
Mark Collins is now a Non-Exec Director at Raihan Jumah & Obaida Al-Ghazawi's property consultancy.
By PrimeResi
Penthouse ‘jewel’ unveiled at Chelsea Waterfront’s Powerhouse
In Pictures: Fiona Barratt-Campbell designs duplex spread atop century-old SW London landmark.
Nobu moves on Miami’s luxury resi scene with Foster + Partners-designed tower
The 74-storey 619 Brickell will deliver 300 residences and the US city's second Nobu eatery.
Agency reports ‘strong buyers market’ as developers ‘struggle to sell new homes’
Chestertons has flagged a 'momentary imbalance of supply & demand' in the new-build sector, putting buyers in 'a particularly strong position to negotiate incentives & price reductions.'
By PrimeResi