Main image: High Bidder: The penthouse at Consort Rise House in Westminster was knocked down on behalf of mortgagees for £2.1m
Buying activity on the rise amongst higher earners
Consumer intelligence firm flags up increase in exchanges amongst those taking home £100k+
PCL property prices set to rise by 20% over the next five years in a ‘permanent departure from the historic trend’
Prime resi market risks "have been overplayed", says Savills in its revised five-year forecasts - but there'll be no price growth in prime London in the next two years
By Prime Resi
‘A Hive Of Activity’: Surveying Kensington’s buzzing new development scene
It's a 'defining era' for the venerable PCL enclave, as the planning pipeline hits 5,055 private units
By Prime Resi
New-build home deliveries sink by 15-20%, but development land buying activity remains strong
Savills saw more new-build homes reservations in Q3 this year than in any previous quarter on record, while development land buyers focus on smaller sites.
Most read
Savills names new Mayfair sales head
Nick Verdi takes the reins of agency’s high-profile operation based on North Audley Street.
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Ex-Savills director joins Moveli
Upper-market brokerage continues to scale its national agent network.
Savills appoints new lettings heads in Surrey
Agency strengthens Cobham and Guildford teams as regulation reshapes the rental landscape.
House Collective adds Hamptons veteran as London expansion gathers pace
Alister Shaw and Paul Davis bolster boutique firm’s West and North London teams.
London’s prime rental market has slumped, but there’s a super-prime bright spot
Survey of the capital's luxury lettings scene reveals key trends, big deals & an out-performing neighbourhood...
By PrimeResi
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
‘A celebration of craft, materiality & artistic expression’: Inside The Whiteley’s latest design collaboration
With more than three-quarters of apartments now sold, the Bayswater landmark unveils another 'Designer Collection' apartment, created by Irish interiors maven Maoliosa Murray.
By PrimeResi
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
By PrimeResi
Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.
By PrimeResi
LATEST ARTICLES
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
By PrimeResi
Heaton returns to LCP Private Office as Executive Chair
PCL big-hitter 'steps aside' from hospitality venture The Other House; takes up exec role at the buying agency she founded in 1990.
Battersea Power Station appoints new architects to ‘evolve’ Viñoly’s masterplan
Studio Egret West is designing the second half of the ambitious London regen project.
By PrimeResi
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Knight Frank France strengthens Paris foothold with in-house resi offering
Former Junot director Alison Ashby has been appointed to lead the agency's new team based in the City of Light.