‘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...
Most read
Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
Deal sealed on landmark Georgian mansion in West London
The Grade I listed Walpole House on Chiswick Mall was asking £12mn and sparked competitive bidding.
Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
£15mn price tag for turnkey Mayfair townhouse with Omani royal provenance
Former private family office HQ on Chesterfield Hill has been transformed into one of the finest homes in the area, say agents.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
400 agents join new members-only prime property network
Former Black Brick partner's venture has attracted key London players since launching last year.
Knight Frank relocates flagship Mayfair office
New location on South Audley Street places team ‘at the centre of one of the most significant prime and super-prime markets in London’, says high-profile agency.
In Pictures: ‘One of the grandest townhouses in Marylebone’ seeks £18.5mn
Happenings at Harley House are believed to have directly inspired a Charles Dickens novel.
Veteran agency boss shares 11-step formula for closing a mega-deal
Glentree's Trevor Abrahmsohn says his 'tried & tested' technique has helped bring home multiple transactions ranging up to £100mn.
Two-thirds of buyers offer under asking price, but only 4% of homes sell at a discount
'Buyers could be negotiating harder, although not all sellers are willing to budge,' says Barclays Bank.
LATEST ARTICLES
In Pictures: Buyer sought for ‘one of Hampstead’s most treasured private residences’, asking £11.95mn
Grade II listed Georgian gem counts former residents including a world-renowned ballet dancer & a multi-Grammy Award-winning musician.
Reuben Brothers brings in boutique agency for One Carrington sales push
Luxury specialist OB Private joins the teamsheet at newly completed apartment scheme in Mayfair's midst.
Have PCL property prices really dropped 60% in a year?
It depends on which data you look at, and caveats apply.
John D Wood expands country house lettings team in the Cotswolds
Naomi Hazell has moved from Carter Jonas.
Prime London Property Market Snapshot: Week 24, 2025
The market has been moving slowly since April, with last week's tally of agreed sales some 44% lower than a year ago.