The Market
Cash buyers swoop on PCL trophy homes in summertime super-prime sales flurry
“A successful run of historic trophy house sales in the capital’s prime locations reflects an increasing buyer appetite and confidence," says Noel De Keyzer, Head of Savills Knightsbridge.
Labour rules out new wealth & mansion taxes
"I don't see the way to prosperity as being through taxation," says Shadow Chancellor Rachel Reeves.
PCL ‘residents club’ targets out-of-towner tenants amid ongoing rental market mayhem
The Other House launches 'market first' stay-as-you-choose service as an alternative to traditional renting.
‘Despite the evident market rectification, there’s an emerging robustness’ – Garrington
Buying agency senses "renewed optimism" brewing for the UK economy and property market.
Why building more high-end homes is good for London
"In general, building new market-rate homes makes other housing more affordable," concludes a recent report by the Greater London Authority.
Global luxury house prices recover as rate uncertainty eases
"Price adjustments in many markets are likely to be less pronounced than was expected even three months ago," says Knight Frank.
From avoiding work to listening to the dinner party set: Seven of this summer’s big prime property trends
'Emotions are running exceptionally high', report acquisition specialists, as uncertainties play out in buyer behaviour across the land.
Ongoing ‘consent crunch’ threatens new-build supply
New home completions unlikely to exceed 225,000 homes in 2023, says Savills, amid 'difficult' development conditions.
Countryside house prices outpace coastal hotspots
"Buyers who are being priced out of the seaside are diverting their search to nearby countryside spots," suggests eXp UK.
Prime London Property Market Snapshot: Week 33, 2023
PrimeResi's regular sit-rep of London's prime residential scene, featuring the latest sales and lettings data from LonRes.
How prime & super-prime markets are faring in London & the country
Charlie Wells & Ollie Marshall give us the lowdown on how things are shaping up in and out of town in 2023, and explain the different forces at work in each market...
London vendors ‘undeterred’ despite drop-off in buyer numbers
30-branch estate agency Chestertons recorded a 10% rise in new instructions last month, but says there are fewer purchasers entering the market.