Buying agency heralds ‘prime opportunities’ as high-value stock builds
Garrington negotiated double-digit discounts on the majority of its £2mn+ deals last month...
Agency reports ‘record’ super-prime spending in Prime Central London as property market stays ‘surprisingly robust’
Wealthy buyers bought a record £439mn-worth of £10mn+ homes in the first half of this year, reports JLL, contradicting some rival market reports.
By PrimeResi
Prime London Property Market Snapshot: Week 42, 2024
Fresh LonRes data reveal a drop in buying and selling activity as the Budget hoves into view.
By PrimeResi
Sales supply climbs to a two-year high
Propertymark's latest survey suggests a significant increase in the number of homes being listed for sale, while buyer demand remains stable.
By PrimeResi
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Buyer exchanges on £70mn London property in pre-Budget mega-deal
What jitters? Agency ties up one of the largest super-prime sales of 2024, just days before the biggest fiscal event in years.
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
By PrimeResi
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
By PrimeResi
Required Reading: The Autumn Budget 2024 for HNWIs & business owners
Mishcon de Reya's legal & tax experts talk us through the key points & policies announced by Chancellor Rachel Reeves - including significant changes to Stamp Duty & Inheritance Tax.
Foxtons buys two commuter-town estate agencies
The acquisitions expand Foxtons Group's network into 'new complementary growth markets', adding thousands of tenancies to the Plc's lettings portfolio.
By PrimeResi
BRICS & Mortar: Ollie Marshall on how Russia’s latest diplomacy could shift global real estate markets
Whatever happens in Rachel Reeves' Budget, it is small beer compared to other forces at play globally, says top buying agent.
‘Back-to-brick’ renovation in Chelsea delivers trio of rental apartments
Boutique developer reinvents period mansion block on Sloane Gardens, with a modern take on traditional British design.
Agency ties up England’s biggest land sale of the last 30 years
The Wildlife Trusts have agreed to acquire the 9,500-acre Rothbury Estate, which has been in the Percy family for seven centuries.
By PrimeResi
Second-home buyers race to beat SDLT deadline
UPDATED: Agencies finalise series of 'rapid' high-end sales in Prime Central London following surprise tax hike announced in the Autumn Budget.
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International buyer secures ‘one of the best mansions in Belgravia’ in another pre-Budget mega-deal
Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.
Why the US election could ‘open the flood-gates’ for international real estate investment
'This coming US election will be more than just a decision on leadership - it could signal a new phase of high demand for international real estate,' says Parisian buying agent Susie Hollands.
Super-prime London property agency launches Marbella outpost
Gary Hersham's Beauchamp Estates is opening a fifth Mediterranean office.
By PrimeResi
Charles Curran: ‘It is still business as usual’ in PCL despite the Budget’s ‘selection of crackers taxes’
Last week's Labour Budget was 'driven by ideology, penalising those they simply did not need to tax or tax further,' argues top-end estate agency boss Charles Curran.
‘Q4 may well be the most active period of this fascinating year’: Buy-side Budget reflections
Richard & Sophie Rogerson consider the implications for prime resi markets following last week's fiscal reset.