Main image: Prices in Hampstead have risen by nearly a quarter since 2020
Buyer demand dips in prime London, but appetite for super-prime homes grows
A drop in demand for prime property is 'hardly surprising', says the boss of estate agency Benham and Reeves - but the very top-end of the London market appears buoyant in the face of an economic downturn.
US billionaires splashed over £600mn in London’s top postcodes last year, with more to come in 2023
Ultra-wealthy Americans spent a record amount on luxury PCL homes in 2022, and are tipped to continue dominating the super-prime property market in the year ahead.
Buyer demand builds in Prime Central London
Property prices dipped in PCL in Q2, reports JLL - but the estate agency has seen a sharp rise in potential buyers registering with its central London offices.
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
Companies in this article
Benham & ReevesMost read
Knight Frank creates new UK board
Property agency assembles top-level team to drive long-term growth & strengthen operations.
Almacantar reports ‘landmark’ sale at The Bryanston
Buyers have splashed almost £55mn on apartments at the developer's super-prime West End projects in recent months.
In Pictures: £13.5mn RH collaboration unveiled at The Whiteley
American super-brand curates 4,000 sq ft duplex at luxury west London scheme in UK first.
In Pictures: Grand Nine Elms duplex apartment seeks £32mn
HBA Residential has designed interiors for an extraordinary ground-level super-prime home in Excel Winner's Thames City development.
By PrimeResi
London Square adds big Wimbledon site to expanding portfolio
Latest SW London deal marks the developer’s fifteenth acquisition since late 2023, and third major move this year.
Big-brand luxury property agency rolls into the Cotswolds
The region's property market makes for 'fertile ground' as the wealth corridor expands, says United Kingdom Sotheby’s International Realty.
Agency bags trio of trophy listings in St George’s Hill
Savills Weybridge's new instructions include one of only a handful of original W.G. Tarrant houses on the exclusive private estate.
Savills & Knight Frank alumni acquire Jackson-Stops Exeter
Seasoned agents SJ Bingham-Chick & Tom Bedford have bought the business from longstanding director Richard Addington.
D&G ‘on a mission’ to recruit 50 new self-employed brokers this year
James Evans' estate agency is looking for 'entrepreneurial individuals keen to bring Selling Sunset or Love It or List It vibes to their local neighbourhoods.'
By PrimeResi
Grade I listed Kent mansion hits the market at £23.5mn
The sale of Holwood House represents the 'first real test of the spring market', say agents.
LATEST ARTICLES
Designed to Sell: Five home staging principles for attracting today’s luxury buyers
Top designer Ed O’Donnell reveals how art, furniture & colour can shape how a property is perceived, drawing on recent projects at The OWO, Centre Point, Lancer Square & River Park Tower.
By Ed O’Donnell
New sanctions compliance legislation for all lettings agents is less than a month away
Caroline Walters explains how to get up to speed before next month's important AML changes come into force.
London Square adds big Wimbledon site to expanding portfolio
Latest SW London deal marks the developer’s fifteenth acquisition since late 2023, and third major move this year.
Agency bags trio of trophy listings in St George’s Hill
Savills Weybridge's new instructions include one of only a handful of original W.G. Tarrant houses on the exclusive private estate.
Kent housebuilder expands team as pipeline grows
Former Berkeley Group director Sean Ellis is leading a significant expansion drive at Fernham Homes.
By PrimeResi