Agents optimistic amid busiest PCL market for three years
Buyers have finally returned to the prime postcodes, reports LonRes, but keep an eye on those stock levels…
Prime London stock levels drying up as new instructions halve
Most areas have seen new listings fall by over 50% since the height of the market in 2014, reports Coutts
Buyers splash £60m at luxury Northacre schemes
Super-prime developer hails flying start to ‘milestone year’ as flagship PCL projects take shape; high-end firms now needing to go well above and beyond to attract local and international interest, says sales team
Ranked: World cities by gross prime residential yields
LA & Moscow top Savills’ annual league table with average yields of 5% or more; Hong Kong remains the most expensive place in the world to rent a prime house, with an average weekly figure of $7k
Stamp duty change could give domestic buyers the upper hand in London’s new-build hotspots
Forthcoming surcharge on purchases by overseas buyers will have a number of knock-on effects, says PCL buying agency
Ten tales of London’s prime property market revival in 2020 so far
Ten front line luxury property firms share their January news, from a buying agency’s Brexit Day deal bonanza to surges in new buyer enquiries for boutique and big brand estate agencies alike…
High-value sales surge as confidence boost translates into transactions
Stamp duty receipts hold up as £1m+ deals hit their highest final quarter total in a decade
Nearly 60% of properties sold in Kensington & Chelsea last year went through at £1m or above
New analysis delves into the UK’s seven-figure hotspots
‘Causes for optimism’ in prime regional property markets as prices turn up
Prime property values ended 2019 0.1% higher than they started the year, says Savills, as short supply propped-up prices.
Buyers are ‘growing in confidence’ while sellers ‘still have the jitters’
Zoopla points to growing “market polarisation” as buyers and sellers take different tacks – suggesting “an opportunity for agents to bridge this gap”.
EU Later: Five thoughts on Brexit Day
Prime resi insiders muse on the significance of 31.01.20, and its potential impact on prospects for the UK property market…
Bargain hunters are queueing up for deals, snaffling around for the last crumbs of the previous bear market
Enquiries have picked up noticeably following the unexpected landslide electoral victory, writes Trevor Abrahmsohn, but sellers will still need to keep their expectations in check…