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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One Hyde Park residents win £35mn in building defects case
One Hyde Park Limited has declared a 'decisive victory' as construction firm found liable for remedial works.
By PrimeResi
Buyer sought for rare freehold resi development opp in Marylebone
Prestigious 27,000 sq ft block offered with consent for eight luxury apartments, including a standout penthouse.
£270mn in sales secured at ‘repositioned’ Mayfair scheme
Charles Leigh's team says Q4's standout performance at 60 Curzon 'sends a strong positive signal' for the wider PCL market.
Buying agency secures sizeable discount on Belgravia townhouse
Super-prime residence near The Berkeley was acquired off-market for just under £14mn, illustrating a wider market trend.
My Property Career: Quickfire Q&A with Sian-Louise Tangney
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
In Pictures: North London ‘masterpiece’ with separate cottage seeks £30mn
Exclusive: Listed by DDRE Global, this mansion on Avenue Road is one of the biggest super-prime instructions of the year so far.
By PrimeResi
Leading luxury brokerage expands in the Cotswolds
UK Sotheby's International Realty has bolstered its country house expertise with a brace of senior appointments.
By PrimeResi
Park Modern’s £60mn penthouse finds a buyer
Reports suggest an AI tycoon has picked up the marquee unit at Fenton Whelan's Bayswater scheme, marking the biggest super-prime sale of the last year.
By PrimeResi
GII appoints agents to sell Marriott’s new luxury branded residences in Chelsea
Now fully complete, The Lucan is the first Autograph Collection Residences from Marriott International.
By PrimeResi
Revealed: What UK property professionals earn – and how it stacks up globally
UK real estate salaries rise nearly 10%, but remain well behind the US and Middle East.
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Park Modern’s £60mn penthouse finds a buyer
Reports suggest an AI tycoon has picked up the marquee unit at Fenton Whelan's Bayswater scheme, marking the biggest super-prime sale of the last year.
By PrimeResi
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In Pictures: British joinery firm completes ‘jewel box’ transformation in Knightsbridge
James Wellesley & Paulo Moschino unveil their artisanal reworking of a 'characterless' townhouse, reflecting a wider trend for luxury homes 'designed with soul'.
CoStar faces fresh investor criticism over resi focus
Another shareholder has called for the proptech and data giant - which owns Homes.com and OnTheMarket - to rethink its position on residential property portals.
By PrimeResi