BoE paints gloomy picture of no-deal scenario, with house prices plunging by nearly a third
UK could face worst economic slump since WWII in the event of a 'disorderly' no-deal scenario, according to the Bank of England's latest analysis; 30% fall in house prices is 'unrealistic', argue property experts, accusing Governor Carney of 'scaremongering'
No-deal Brexit could knock 10% off house prices – OBR
Government's independent forecasting body suggests prices and transactions could tumble in the event of a no-deal departure on 31st October...
By PrimeResi
‘We suspect house prices will rise only 1% over the year and would not be at all surprised if they stagnate’ – EY
EY's Spring ITEM Club predicts muted property price growth ahead, with a 'limited' upside even if a Brexit deal is agreed. A no deal exit could see house prices fall by 5% in 2020
By PrimeResi
CEBR predicts 14% fall for UK house prices next year
Economists warn of a "significant fall" for house prices as wider economic turmoil catches up with the property market.
By PrimeResi
Most read
SevenCapital gears up for £1bn London expansion
Birmingham real estate investor-developer announces brace of key hires & plans trio of major projects in the UK capital, delivering over 1,000 new homes.
Knight Frank names three new lettings managers
Agency bolsters operations in key markets across South West, North, City & East London.
Leading property PR agencies to merge
Chanel Bailey's Elevate & Adam Foster's Ellwood have joined forces to create 'a dynamic & expanded powerhouse in the industry.'
By PrimeResi
Knightsbridge apartment scheme pitched as London’s ‘ultimate multi-generational home’
In Pictures: Mdesign's ultra-prime boutique project on Pont Street is being marketed at £54mn.
Ten Charts: Inside Foxtons’ big turnaround plan
Latest annual report reveals how the high-profile agency is approaching risk & opportunity, creating a 'more respectful and inclusive environment' - and deploying 'growth mode'.
Luxury sector veteran moves back into super-prime property
Having set up a boutique estate agency in Mayfair in the 1970s, Anthony Lassman 'has come full circle' as his Nota Bene Global business adds a property acquisition service for HNWIs.
By PrimeResi
‘Footloose’ companies & HNWIs shift to new wealth hubs
Ranked: Savills' new Dynamic Wealth Indices identify which international cities are doing best at attracting & developing wealth & investment.
By PrimeResi
Alex Michelin: How super-prime developments are shaping residential trends
The Valouran CEO talks us through how innovations once reserved for the world’s most luxurious homes are now filtering into the mainstream housing market - and redefining modern living.
‘Landmark’ Isle of Skye estate seeks £6.75mn
Clan Donald's land on the Sleat Peninsula is 'one of the largest & most ecologically significant estates in the Inner Hebrides,' says Strutt & Parker.
By PrimeResi
PCL property on sale as discounts reach post-GFC levels
Recent tax changes have driven further price declines in the capital's most exclusive neighbourhoods, Savills reports.
LATEST ARTICLES
Winkworth launches new branch in SW London
Ex-Dexters & Knight Frank agent heads up latest addition to franchise giant's network.
Ghelamco taps Savills & JLL for resi sales at Battersea candle factory scheme
In Pictures: Inside the Squire & Partners-designed development with interiors by Bowler James Brindley.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
High-end Spanish agency opens flagship store in Marbella
Spain Sotheby's International Realty says its new base will strengthen connections with key luxury markets including Dubai & the UK.
Buyer demand dips in prime London
Richmond was the most 'in demand' area of the prime London property market in Q1, reports Benham and Reeves.
By PrimeResi