Chelsea, Knightsbridge & Kensington transaction levels up 49%
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FORECAST: ‘Significantly lower transaction levels’ but prime markets to out-perform over five years
No price correction predicted, although "there is no precedent for the current market" says Savills research chief
By Prime Resi
Transaction levels getting back to normal as London prices hit double the UK average
The average London house price is now double the UK average for the first time, says Cushman & Wakefield. Salaries in the capital, meanwhile, are 30% more than the UK average.
By Prime Resi
Harrods Estates opens up in Chelsea
Harrods Estates has thrown open the gilded doors of its new office on the Fulham Road today, marking the next stage of the firm's expansion across prime central London.
By Prime Resi
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Super-prime broker Fatemi reports £700mn deal run
£100mn-plus sale among standout transactions as UK Sotheby's exec flags changing UHNW property tastes.
Industry Panel: How 15 prime resi leaders would redesign England’s property tax system
Exclusive PrimeResi survey finds most respondents favour shifting the tax burden away from transactions and towards property ownership - but opinion is split over abolishing SDLT altogether.
By PrimeResi
UK Sotheby’s adds new directors covering PCL & West London
Luxury brokerage extends recruitment drive across prime postcodes with brace of sales appointments.
‘Buyers today have more choice than ever before’: Savills global resi chief on the battle for international wealth
Interview: Victoria Garrett discusses London’s place on the world stage, Dubai’s next phase, the impact of tax & geopolitics, and how developers are catering to an increasingly discerning clientele.
How super-prime apartments played a key role in London’s £1bn Peninsula
HSH’s accounts reveal just how important the luxury resi element became to the landmark Hyde Park Corner project.
New homes specialist returns to Savills
Resi development sales consultant rejoins after three years with other agencies.
By PrimeResi
London’s property bubble has well and truly deflated, says UBS
UK capital sinks into low-risk territory a decade after topping global property danger list.
In Pictures: Inside Christian Bense’s new Park Hyatt show homes
South African designer kicks off series of interiors collaborations at new high-rise addition to London’s luxury branded resi scene.
Historic Yorkshire estate hits open market at £25k per month
Agency says it’s one of the first times a country estate of this calibre has been marketed in this way.
Investor snaps up nine Notting Hill flats in £11mn bulk deal
Agents flag renewed appetite for bulk resi acquisitions from overseas investors as prime London rents climb.
By PrimeResi
LATEST ARTICLES
Industry Reactions: Mortgage approvals drop to lowest level since 2023
Fresh Bank of England data suggests home-buying activity is slow and slowing.
By PrimeResi
Alexander Main brings in senior hire for big lettings push
Former Domus Nova & Foxtons operator joins line-up to lead ambitious two-year-old agency’s new division.
Where did the Knightsbridge buyer go? James Moran on PCL’s shifting geography
Middleton Advisors' London sales boss explores the changing fortunes of one of the capital’s most famous enclaves - and where today’s moneyed purchasers have been turning their attention.
By James Moran
‘Rural landlords are faced with a double whammy’: Research flags huge EPC upgrade premium for country homes
Countryside properties cost substantially more to bring up to EPC C than urban homes, according to an analysis of more than three million certificates.
By PrimeResi
New chapter for historic West End publishing HQ
Resi developer used the Bloomsbury building's former occupants as 'a distinctive starting point for the project.'