‘Biggest sales pipeline in a decade’ as deals agreed on over 700,000 homes
Some 704,000 homes are marked Sold Subject to Contract and are now going through the sales process, according to Rightmove; it's the biggest sales pipeline of the last decade, 78% higher than in May 2019. But fewer than one in three buyers expect to complete before the end of the Stamp Duty holiday...
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Busiest prime London market since 2014, with 61% more £5m+ deals than in 2019
The top-end of London residential sales market has just enjoyed its strongest first half since 2014, reports Savills, with 59% more £5m+ transactions recorded in the first six months of this year compared…
By PrimeResi
House price inflation rises to highest rate since August 2007 – UK HPI
The annual rate of UK property price inflation climbed to 10.2% in March, according to official data.
By PrimeResi
Watch: Property price inflation in key UK cities since 1995
The average UK house price has risen by 318% since 1995, with some locations out- or under-performing that to a quite significant degree...
By PrimeResi
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Property Industry Reactions: New PM Burnham installs Downing Street team
UPDATED: Former Defence Secretary John Healey replaces Rachel Reeves as Chancellor of the Exchequer; Angela Rayner returns to the Cabinet as Housing Secretary.
By PrimeResi
Knight Frank launches ‘second phase’ of broker recruitment drive
The big-brand estate agency has received 130 enquiries from would-be self-employed brokers so far, with eight being appointed in the last eight weeks.
By PrimeResi
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
By PrimeResi
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
By PrimeResi
Knightsbridge developer cuts resi for hotel & spa scheme
RBKC has approved a PLP-designed hotel/spa on Pavilion Road, replacing an earlier mixed-use consent with apartments.
By PrimeResi
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
High-profile buying agency toasts 20 years in business
Sloane Square-based firm reveals acquisition record and says industry shifts have made the market 'increasingly difficult' for buyers to navigate.
Super-prime agent vents fury at ‘ransom note’ portal bill
Trevor Abrahmson has shared Glentree's internal numbers to highlight how much each lead costs.
By PrimeResi
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Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
By PrimeResi
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High-profile buying agency toasts 20 years in business
Sloane Square-based firm reveals acquisition record and says industry shifts have made the market 'increasingly difficult' for buyers to navigate.
Strutt & Parker boss steps up to lead BNP Paribas RE UK
Gary Higgins takes interim CEO role as group begins search for permanent successor to Mark England.
Trade body piles onto ‘mansion tax’ consultation
Propertymark says ministers still have big questions to answer on valuations, enforcement and who ultimately pays the charge - and warns against hitting non-UK resident owners with an additional surcharge.