‘Booming’ PCL lettings market looks set for bumper 2022
Prime and super-prime deal volumes have been soaring across the ‘top-five’ hotspots of Marylebone, Belgravia, Notting Hill, Chelsea and Mayfair - but prospective tenants face a tough task ahead as stock levels plummet by 40%
Supply dries up in London’s super-prime lettings market
Following a flurry of activity in Q3, the number of new £5,000-plus per week listings is at its lowest level since Q1 2017.
PCL house market ‘renaissance’ as £5m-plus sales soar
New data shows a 140% leap in PCL house sales above £5m during the first four months of 2021, as the time taken to sell falls by 15%.
Gleaming Spires: International students & the PCL lettings market
It's become less expensive to live and study in London of late, and top agents are reporting a surge in applicants with money to learn...
By PrimeResi
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
By PrimeResi
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
MFS administrators flag scale of PCL disposals
Care would be required not to 'flood the market', say practitioners, citing 'significant real estate… in particularly valuable parts of central London'.
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