‘Sharp increase’ in time to sell as buyers hold off
Properties in London are taking three times longer to sell than they were a year ago, reports REalyse.
The property market’s #10yearchallenge: 2008 Vs 2018
Knight Frank has jumped on the hashtag bandwagon to look at how the UK’s property market has changed in the last decade – from a 2008 in the grip of the global financial crisis to a 2018 on the brink of Brexit.
Ranked: The UK’s least-affordable cities
Property price inflation in UK cities is outpacing earnings growth by 11%, warns Lloyds Bank.
Stamp duty receipts slide by nearly £1bn
Last year’s total of £8.55bn was a full £926m below the record £9.5bn collected in 2017, and marked the first decline in three years
71% of businesses are ‘considering investing in residential areas for their employees’
‘The housing crisis is moving up the boardroom agenda and is now a serious concern in companies across the UK’, says Strutt & Parker
Institutional PRS investment reaches record levels
A surge in North American capital targeting the UK’s private rented sector indicates that investment is set to continue to rise, reports CBRE
Property industry confidence drops as developers rein-in future plans – BPF
A survey by the British Property Federation and Grosvenor finds that most real estate industry leaders are positive about Brexit’s long-term impact – although the next 12 months are likely to be tough.
Mapped: Price and rental growth across Prime London
Latest visual from Knight Frank shows three-month price movements ranging from -4.2% in Aldgate & The City to +0.1% in King’s Cross, with Belgravia posting the biggest decline in rental prices (-2.9%)
Why Q1 2019 looks like the low point in the Prime London real estate cycle
When someone like Ken Griffin makes a splash, as he did earlier this month, we all need to sit up and listen, says Fraser Slater
London’s super-prime stock selling at fastest rate in three years
It’s currently taking an average of just 12 weeks to shift a £10m+ instruction in the capital’s prime postcodes, down from six months in 2017 and marking the shortest timeframe since the start of 2016; ‘there’s always a place for super-prime property’, says Coutts…
Buyer confidence is picking up in central London, reports Winkworth, despite falling transaction numbers
Central London prices are ‘starting to make a recovery after bottoming out in 2017’, declares estate agency
The Art of the Mega-Deal, by Gary Hersham
Gary Hersham – founder of PrimeResi’s No.1-ranked PCL Boutique Estate Agency in 2019, Beauchamp Estates – has been instrumental in many of London’s most expensive ultra-prime property sales in recent years. From under-the-radar mansions to headline-grabbing penthouses, he’s brokered deals with some of the wealthiest people in the world for their most coveted – and personal – big-ticket assets; their homes. Exclusively for PrimeResi, Hersham reveals his secrets for dealing with the ultra-rich, and getting a residential property mega-deal over the line.