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+
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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
‘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
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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Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
des Forges: ‘When the London market turns up, it turns fast’
In Pictures: Top agents and designers gather in Knightsbridge to discuss the capital's prospects & evolving HNW trends.
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
Knight Frank promotes 129
UK business names 18 new Partners in latest promotions round.
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
LATEST ARTICLES
Savills: Prime landlords reassessing rents as costs mount
Many are reviewing rental values and adjusting portfolios in response to growing regulatory, tax and borrowing pressures, says agency.
Foxtons warns of sharp profit drop; prepares for ‘a prolonged lower transaction volume environment’
Estate agency says 'trading has been adversely impacted by the prolonged downturn in the sales market, as well as short-term volatility in the lettings market.'
Branded residence boom hits new heights as $200mn Aman penthouse finds buyer
Unfinished Beverly Hills residence is reportedly under offer at more than five times LA's current condo sales record.
My Property Career: Quickfire Q&A with Matt Staton
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
London’s Burning: Ollie Marshall on why reports of the capital’s demise are greatly exaggerated
The city has survived plague, fire, war and terrorism over the centuries; a few gloomy forecasts aren't about to finish it off, says top buying agent.