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
Rightmove faces November hearing in £1.5bn agent fees claim
A big proposed collective action law suit will be considered by the Competition Appeal Tribunal later this year.
By PrimeResi
UK Sotheby’s lands former Carter Jonas heavyweight Macpherson in latest senior hiring round
Big-brand brokerage bolsters PCL and SW London teams with fresh wave of high-level appointments.
Savills instructed on £45mn Georgian estate with over 1,700 acres
IN PICTURES: Inside one of the most significant country listings of 2026 so far, on the open market for the first time in a century.
‘Exceptionally rare’ Cadogan Square cottage sells off-market
Freehold gem with garden and parking, available for the first time in half a century, changes hands following discreet campaign.
In Pictures: High-tech Hampstead mansion project pitched at £29.95mn
Recently-established agency Draper London has been instructed to sell a tech maven's north London work-in-progress, complete with 'Batcave' style basement.
By PrimeResi
The developer’s view: Why delivering super-prime homes in London is getting tougher
Andri Chanturia examines the challenges facing the capital’s top-end projects - from planning bottlenecks to rising build costs and global supply chain delays - and how delivery strategies are adapting…
Residence One expands into high-end construction
Luxury developer behind more than £400mn of PCL projects launches dedicated construction division as demand grows for experienced contractors.
Foxtons adds investment guru as non-exec
Farah Buckley 'brings considerable expertise in growth, innovation and strategy ... with a particular focus on technology.'
By PrimeResi
Behind the Railings: A lawyer’s guide to buying on London’s garden squares
From access rights to estate management schemes, the legal intricacies of the capital's private garden squares can catch out purchasers - and sometimes even their advisers - warns Robert Barham.
Buxmead penthouse seeks £16.95mn after A-list tenancy
Marquee residence atop the Billionaires’ Row apartment scheme returns to market, billed as ‘one of the strongest offerings currently available in North London.’
By PrimeResi
LATEST ARTICLES
Rare fully-consented PCL development opp seeks buyer
The oven-ready boutique scheme in Bayswater could have a GDV of £9mn.
By PrimeResi
Watch: Beauchamp boss reveals how billionaires really buy homes in Prime Central London
Veteran super-prime agent Gary Hersham discusses the psychology of trophy-home purchasing, shifting UHNW demand patterns - and why the very top end has effectively detached itself from the wider Prime…
High-Value Tenancies & SDLT: What agents and advisors need to know
Required Reading: Olivia Minghella & Sean Randall explain why stamp duty remains a live issue in the prime rental market despite recent legislative changes.
My Property Career: Quickfire Q&A with Neil Sloam
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Savills chalks up £76mn in May auction sales
Agency says the format 'suits current market conditions'.