Main image: The converted Red Lion pub in Mayfair was bought out of receivership for £15m in 2018 - having once been on the market at £25m
Big discounts in PCL ‘suggest the pendulum may have swung too far towards the buyer’
Acquisition agency Black Brick predicts the prime London market is about to turn, after noting a surge in buyer interest and a spate of 'minor capitulations' in the premier postcodes
‘2017 marked a turning point for the PCL property market’
Higher-value transaction numbers in London recovered through 2017, say Knight Frank and Strutt & Parker
‘Buyer affordability is on the rise at the fastest rate in nearly eight years’ – Rightmove
The UK's average asking price tickled up by just 0.2% in the last year, reports Rightmove, with three out of four Southern regions seeing negative growth.
How does PCL’s recent volatility compare to previous ‘adjustments’?
Prices fell by 7.9% between the last peak in August 2015 and February 2017, but let's not forget the 24% decline recorded between 2008 and 2009, and the 21% correction in the early 90s...
Most read
‘£175mn’ restoration project in Wiltshire nears completion
The eight-year rescue of the Grade I listed Tottenham House is said to be the UK’s most expensive home renovation.
Chestertons installs new sales heads in Knightsbridge & Kensington
30-branch agency announces senior appointments at two key PCL bases.
Savills sounds quietly bullish on early-2026 prime activity
Agency's residential chief says first five months of the year could be the busiest as buyers move ahead of fresh uncertainty.
Opinion: Is Making Tax Digital the final nail in the rental market coffin?
PCL lettings expert Olivia McSweeney explains why an imminent admin shift risks accelerating landlord exits - and deterring the next generation from entering the sector.
In Pictures: London Square debuts boutique Brook Green scheme
The Aldar-owned developer is converting a set of historic school buildings into a gated enclave of 32 luxury homes.
In Pictures: Landmark Mayfair mansion with potential seeks £25mn
Former Auchincloss-Coats residence, available for the first time in 30 years, offers scope to create a £55mn super-home, according to agents.
My Property Career: Quickfire Q&A with Becky Fatemi
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
In Pictures: Ransome’s Wharf launches with a ‘refined Chelsea-meets-Battersea aesthetic’
London Square's design team for the 118-home development includes Echlin, Fourfoursixsix, and 5PA Architects.
Savills: Prime markets forecast to bottom out this year – except PCL
Prime Regional property prices are likely to rise 1.5% in 2026, predicts Savills, but Prime Central London values have a bit further to fall.
In Pictures: Inside the luxury resi reworking of a St John’s Wood landmark
The historic former chapel-turned-studio where Queen filmed Radio Ga Ga is being transformed into five turnkey homes.
LATEST ARTICLES
In Pictures: Super-prime townhouse hits the market on Chelsea Park Gardens
5,000+ sq ft Lutyens-inspired property, just listed at £12.75mn, has been extended with a dramatic basement.
Studio Ashby expands with new Cape Town base
Sophie Ashby’s award-winning design firm has opened its first international studio.
Cautious tailwinds, selective opportunity: Cluttons’ Laura Dam Villena on prime London’s prospects for 2026
Top agency's London resi chief tells PrimeResi why realism, decisiveness and well-priced stock will be rewarded in the year ahead - and runs through the key trends at play across the capital's top postcodes.
My Property Career: Quickfire Q&A with Jon Byers
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
DM Hall adds new Edinburgh resi Partner
Charlie Barrett has stepped up.