Main image: Barratt's recent projects include this £200m scheme on the former site of the City of Westminster Magistrates' Court
Bumper profits continue for big-league housebuilders
Following on from Redrow's impressive 21% leap, the UK's biggest player, Barratt Developments, reports a 9.2% jump in pre-tax profit; but the market in London and the South East 'lacks urgency', according to Berkeley Homes
Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
By PrimeResi
Berkeley expects profits to tumble by 30% next year
Housebuilder's latest set of results 'represent a peak' as headwinds continue to blow in London
By PrimeResi
Ranked: The ten richest housebuilders in the UK
It's been a very good 12 months for the big players...
By PrimeResi
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Rare resale for super-prime Chelsea Barracks home
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London records worst month for £5mn-plus sales since 2008
The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.
Knight Frank: Five reasons developers should bet on London’s land market
Resi development boss Nick Alderman makes the case for building in the capital, amid market resilience & 'unique opportunities' in the residential space.
Boutique PCL agency bolsters team
Park Lord's new recruit has been specialising in the high-end markets of St John’s Wood, Little Venice, Marylebone for the last 35 years.
‘A new breed of super-prime tenant’: Top agencies report shifting trends in London’s luxury rental market
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Veteran London agent laments ‘ritual slaughter of agents’ coffers by the digital portals’
'Rightmove’s latest 18% price hike is outrageous,' rails Trevor Abrahmsohn. 'But what do the agents really expect now that they have lost control of OnTheMarket?'