Busted Flush: Estate agency insolvencies on the rise
PCL buying agency reports 50% jump in transactions
Mayfair-based advisory Black Brick acquired nearly £43m worth of property in the first six months of 2019, and has twice as many buyers on its books compared to last year...
By PrimeResi
Four areas have seen the average house price rise by more than the average salary in the last year
But three London boroughs have seen their average property value drop more than their average salary
By PrimeResi
Agency heralds a ‘Boris Effect’ in prime London as buyers take a long-term view
"It looks like Boris [Johnson] has and will put the bounce back into the London property market", says top-end estate agent Mark Pollack
By PrimeResi
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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.
London estate agency announces major recruitment drive
Dexters wants to take on 200 new recruits via its Training Academy in 2026.
By PrimeResi
Buyer sought for £100mn-GDV luxury resi project in Mayfair
Agents are expecting global interest in the ‘oven-ready’ development opp on Upper Grosvenor Street.
Knight Frank appoints Head of Short Lets amid expansion drive
The high-profile agency is looking to ramp up its presence in the short-term rental market.
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.
‘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.
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.
American investment boom could ‘lift London house prices’ by up to 3%
Top-end mortgage broker reports a spike in transatlantic enquiries following the recent US State Visit.
By PrimeResi
Savills cuts mainstream house price forecasts again
Average property values likely to increase by 22.2% over the next five years, say analysts, as regional price divides narrow.
By PrimeResi
LATEST ARTICLES
Agency reports ‘strong buyers market’ as developers ‘struggle to sell new homes’
Chestertons has flagged a 'momentary imbalance of supply & demand' in the new-build sector, putting buyers in 'a particularly strong position to negotiate incentives & price reductions.'
By PrimeResi
In Pictures: New Four Seasons branded residences unveiled in Saudi Arabia
Red Sea resort enclave features architecture by Foster + Partners and interiors by Goddard Littlefair.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Tedworth signs Berkshire Hathaway’s Findlater
Seasoned PCL operator joins Simon Tollit & Christian Warman's firm as Partner.
Property Industry Reactions: Interest Rates held at 4%
'If inflation stays on track, we expect to be able to gradually cut rates further,' says the Bank of England after a close call on the base rate.
By PrimeResi