‘Bank of Mum & Dad’ shelled out almost £9bn to first-time property buyers in 2022
Nearly half of all mortgaged first-time buyers relied on family money to get on the property ladder last year - and Savills expects this proportion to rise to three in five as Help to Buy ends.
Ten interesting stats about the property market in 2019
Fridays are the busiest days for moving home; the average UK home-mover moves just nine miles away from their previous property, and London accounted for more than 12% of all home-moves in 2019.
By PrimeResi
UK property prices have increased three-times as fast as earnings since 2008
The average value of a UK home has risen by 43% over the last decade, while the average wage has increased by 15% - and mortgage payments have trickled up by just 3%
By PrimeResi
Westminster crowned London’s ‘best performing’ borough for property in 2019
From house price growth to sustainability, rental value to construction activity, CBRE has totted-up the property performance of each London borough in 2019 - coming up with a series of top ten "winners"...
By PrimeResi
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In Pictures: Park Modern penthouse pitched as ‘the finest new turn-key residence in London’
Listed at £42mn, the five-bedroom apartment features interiors designed by Fenton Whelan's in-house team.
By PrimeResi
‘Almost mythical’ Chelsea estate could be worth £250mn-plus, says luxury broker
Nest Seekers International’s Ali Khadir weighs in on significance - and speculative value - of landmark property in SW3, as billionaire owner voices disillusionment with UK.
£15mn Clarges Mayfair apartment sparks global bidding war
The trophy residence overlooking Green Park sold sight unseen for ‘well above’ asking.
Luxury property brokerage adds two more big-hitters in PCL
Alex Bourne & Danny Daniel join United Kingdom Sotheby’s International Realty, the latest additions to its growing team in the capital.
Non-dom changes create £401mn stamp duty ‘black hole’ – Knight Frank
Policy shift blamed for slump in £5mn-plus deals and mounting pressure on Treasury purse strings.
Berkeley names new Chair & CEO as profits dip
Housebuilding Plc aims for continuity leadership as Chair Michael Dobson steps down & a new ten-year strategy kicks in.
By PrimeResi
In Pictures: LonRes Summer Party 2025
The property network & data firm marked 25 years in style with a sun-soaked bash in Belgravia.
Prime London 25: Introducing a PrimeResi Special Report
The evolution of London's luxury property market, 2000-2025: Our 75-page report charts a truly transformative period for both the property market & the prime residential industry.
By PrimeResi
In Pictures: St John’s Wood Police Station reworked as ‘design-led rental concept’
Gabriel Chipperfield's design & development studio Wendover repurposes a 'much-loved' neighbourhood building for modern living.
UK set for record wealth exodus in 2025
This is a 'pivotal moment' in global wealth migration, says Henley & Partners as Britain 'leads the world in millionaire outflow'.
By PrimeResi
LATEST ARTICLES
In Pictures: B&B Italia Group’s Maxalto designs ‘iconic’ Whiteley Clock Tower apartment
Clocking in at £24mn, The Whiteley's latest 'Designer Collection' apartment marks a European first for the 50-year-old interiors brand.
By PrimeResi
In Memoriam: London estate agency legend Tim Maskell, 1938-2025
'Tim’s legacy in the property market continues,' says Maskells' MD.
By PrimeResi
Knight Frank announces new Henley office head
Nick Warner will hand the reins to Matt Davies next month.
By PrimeResi
Super-prime Versace villa scheme debuts in Marbella
Collaboration between the Italian fashion brand & RGZ Developers will be delivering eight top-end residences.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.