The Market

Niccolò Barattieri is hoping international buyers will return to the capital in Q4

43 of the 150 global cities tracked by Knight Frank have seen prices escalate by more than 10% over the last year, with five above 25%.

New applicant numbers last month were nearly double the levels seen in 2019, reports Knight Frank.

The global millionaire population grew 6.3% in 2020, surpassing the 20-million bar, while total millionaire wealth grew 7.6% to tickle US$80 trillion.

While many areas saw record transaction levels ahead of the tax deadline, volumes were no different to previous years in RBKC, reports the agency.

George Hammond has taken a tour of Christian Candy's 80 Holland Park for the Financial Times, noting that it is "a stark departure" from One Hyde Park, and reflects the shifting tastes of London's super-rich…

The agency carried out the highest number of UK transactions on record last month, but is now expecting a ‘return to normality’…

"The stamp duty holiday was perfectly timed to enable more people to improve their set up by moving," says Marsh & Parsons.

Window could last for another six to twelve months, says Mayfair agency.

Introducing a stamp duty holiday at the height of the pandemic was commendable but it has over-stayed its welcome, writes Tom Bill…

"The fact that house prices have been rising quickly over the last year makes the market more vulnerable to external shocks to the economy," says Professor Geoff Meen, as he warns "there are numerous…

"We haven’t yet seen any significant increase in properties falling through so it looks like most are going ahead regardless," says Tim Bannister, Rightmove’s Director of Property Data.