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
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Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.
By PrimeResi
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.
Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.
London letting agency under fire over Chancellor’s rental mis-step
Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.
By PrimeResi
London estate agency announces major recruitment drive
Dexters wants to take on 200 new recruits via its Training Academy in 2026.
By PrimeResi
American super-agency Douglas Elliman expands into Europe
Philippe Curutchet, Fredrik Lilloe & Edward de Mallet Morgan are leading the luxury brokerage's French debut.
By PrimeResi
In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.
In Pictures: Trophy apartment at Clarges Mayfair lists at £39.5mn
Buyer sought for 4,650 sq ft sub-penthouse with two roof terraces at the prestigious development opposite Green Park.
‘Extraordinary’ French Riviera estate to headline global luxury auction event
First-line residence in Saint-Jean-Cap-Ferrat, listed at €35mn, will be auctioned off as part of Sotheby’s inaugural Abu Dhabi Collectors’ Week.
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Fine & Country launches self-employed broker recruitment drive in Prime Central London
Top-end estate agency is looking for 'entrepreneurial, self-employed estate agents to operate independently under a globally recognised luxury brand'.
By PrimeResi
Chancellor ‘sets the context’ for tax-hiking Budget
Without making specific policy announcements, Rachel Reeves has indicated significant tax rises are coming this month.
By PrimeResi
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.
The London ‘anti-bubble’: Ollie Marshall on finding value amid the global froth
Bubbles are everywhere these days, writes top buying agent - but a growing cohort of investors is finding shelter & opportunity in the UK capital’s unloved prime property heartlands.
‘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.