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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Spring Budget 2025: The prime property industry’s hopes & fears
Our panel of luxury property leaders urges the Chancellor to ease the tax burden on residential transactions, and to make Britain a more hospitable place for international investors & HNWIs.
By PrimeResi
Knight Frank reworks PCL sales team
Big changes in the Golden Postcodes for the top-flight property consultancy's team - including a new 'roaming rainmaker' in the Royal Borough and the merging of Chelsea & South Kensington sales into one…
By PrimeResi
Deal sealed on Finchatton’s debut country house project
Sale of super-prime developer's 'labour of love' in Surrey heralds the start of the spring selling season, says agency.
Nobu unveils plans for debut UK branded resi project
High-end hospitality group teams up with developer Salboy on £360mn scheme in Manchester, marking the A-list restaurant brand's first foray into Britain’s luxury real estate market.
Britain’s Best Places to Live in 2025
Saffron Walden in Essex has been named the best place to live in the annual Sunday Times Best Places to Live guide.
By PrimeResi
Strutts strengthens National Country House Department
Longstanding agency recruits prime specialist from Curchods in 'strategic move' ahead of the busy spring period.
Rosewood launches first standalone resi scheme
Luxury hotel group's new boutique project in LA marks 'a monumental chapter in its residential journey'
Norway buys 25% of Shaftesbury’s Covent Garden estate
Norwegian oil fund strikes again in Prime Central London, acquiring another significant chunk of West End real estate.
By PrimeResi
Knight Frank: UK housing market adjusts as economic policies take shape
A clearer picture around tax & inflation may help to underpin demand, explains the agency's UK resi research boss Tom Bill.
By Tom Bill
Seven Graphs: The evolution of branded residences in Europe
The pipeline of branded projects in the region is expected to grow by 180% over the next six years, new research shows - but who are the biggest players, and where are the key hotspots?
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Spring Statement: Planning reform to drive GDP growth, predicts OBR
No taxing announcements today - but fresh Office for Budget Responsibility forecasts expect a big boost to housebuilding, with residential transaction volumes & property values also climbing over the next…
By PrimeResi
UK house price inflation climbs to 4.9%
Official data suggest property price growth has been steadily gathering pace since bottoming-out at the end of 2023.
By PrimeResi
London’s lettings market ‘busier than expected’, reports major agency
Chestertons flags 'sharp' increase in enquiries & 30% uplift in number of tenants moving; fellow high-profile firm Foxtons says market likely to remain 'highly competitive' over the coming months.
Six Senses plans first branded residences in Portugal
Ultra-luxe hospitality firm signs up for 400-acre project on the Comporta coast.
Important Surrey mansion auctioned off for £3mn
The Grade II* listed Homestall Manor is said to have started life as John of Gaunt’s hunting lodge.