Cash buyers pay an average of 9% less for a home than mortgagers
The average price paid by cash buyers for a home in the UK is 9% less than that paid by mortgaged buyers... But it's a different story in London.
London’s property market ‘has bottomed out’, but an ‘exodus of cash buyers’ has quelled price inflation in southern cities
A pick-up in activity and a return to positive annual price growth in London "isn’t a precursor to price rises,” says Zoopla, “but we do expect sales volumes to start rising once again”
By PrimeResi
‘Covid-19 has increased the desire to move home, with more space the key driver’ for prime buyers
The latest Savills buyer survey reveals "a greater urgency in the desire to move home", allowing the top-end estate agency to predict that the current surge in buying activity will continue beyond the…
By PrimeResi
£1m+ deals have soared 12-fold in 20 years, as the average house price has almost tripled
Today's prime property market is "much bigger and more complex" than in 1999, says mortgage firm Private Finance as it charts the rise of seven-figure transactions over the past two decades
By PrimeResi
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Strutt & Parker strengthens super-prime lettings team
Long-established estate agency brings in lettings specialist Minnie Stainrod from UK Sotheby’s International Realty as part of new growth phase.
Interview: New UK Sotheby’s International Realty MD Alex Isidro on what’s next for the luxury brokerage
PrimeResi quizzes the high-profile real estate agency's recently-appointed boss about bumper sales figures, brand-building, and why this business is 'all about people, not property'.
£22mn penthouse sold in £50mn deal spree at top-end Kensington scheme
Lodha confirms launch date for next sales phase at Holland Park Gate following another run of big-ticket transactions.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
By PrimeResi
London Square gears up to launch sales at landmark heritage conversion project
Ambitious transformation of former Surrey County Council HQ is to deliver 264 new homes, with completion set for 2027.
Seven key themes in the global branded residences sector
From standalone towers to wellness-led living, these are the big trends shaping luxury branded residences worldwide.
Country house guru Sweeting joins high-end valuation firm
Longstanding Knight Frank figure has taken up a consultant role at James Wyatt's Parthenia.
Influential committee calls for ‘major reform of the whole property tax system’
'The case for major reform of the whole property tax system – from Stamp Duty Land Tax to Inheritance Tax to Council Tax and VAT – is almost unarguable,' says Sir Vince Cable.
By PrimeResi
Luxury developer Amara Property adds Sales & Acquisitions Director
Warren Leader has joined Rutu Buddhdev's team.
By PrimeResi
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PrimeResi's regular stock check, powered by LonRes.
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