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.
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Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Agents appointed on £60mn St John’s Wood apartment scheme
Developer Residence One gears up to launch 29-unit project fronting London's iconic Abbey Road.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
By PrimeResi
London’s first Park Hyatt-branded residences set for launch this year
Sales team behind Twenty Grosvenor Square and The Whiteley gearing up to market 103 luxury apartments in Nine Elms.
Vabel picks sales agents for flagship Bayswater scheme
DDRE Global & Savills will launch apartments at Vabel Townhouse later this Spring.
By PrimeResi
Knight Frank appoints new UK marketing head
Former Crown Estate and Disney exec takes role spanning agency’s resi and commercial divisions.
Strutt & Parker recruits estates & farms head from Savills
Louise Harrison is now head of Strutt's London-based National Estates & Farm Agency team.
By PrimeResi
£10mn Notting Hill project offers chance to create ‘one of the area’s great homes’
Rare unmod Ladbroke Grove townhouse with communal garden access and basement planning comes to market.
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
By PrimeResi
Ex-Hamptons & Domus Nova agent joins expanding brokerage
Chris Shaw has made the move to Harding Green after more than 20 years specialising in the markets of RBKC & Westminster.
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In Pictures: Bill Bennette-designed Regent’s Park apartment seeks £7.95mn
Grade I-listed flat on Cumberland Terrace features an 'opulent' interior by the late designer.
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
By PrimeResi
Westminster tightens construction rules for developers
Updated code introduces zero-emission machinery targets and stronger neighbour protections.
Rightmove reports ‘steady rather than strong’ March property market
Buying activity has been 'stable' so far this month, says portal, but 'it’s too early to tell what may happen later down the line' as geopolitical instability affects the global economy.
By PrimeResi
Battersea Power Station names new CEO
James Saunders will take over from interim boss Sam Cotton in April.
By PrimeResi