Competitive bidding pushes Scottish property prices up
“It’s been an extraordinary period and I’ve never experienced anything like it," says Tom Stewart-Moore, head of Knight Frank’s rural business in Scotland. "Everything we have for sale now is going to closing date bids within three to four weeks."
‘Signs of recovery’ for prime London’s property market as prices turn up
Q4 2019 saw the first quarterly increase for average property prices in Prime Central London in four years, according to Savills
By PrimeResi
PCL property prices rise as the market ‘picks up where it left off’ at the end of 2019
Prime Central London has seen annual property price growth for the first time since before the EU Referendum, reports Knight Frank.
By PrimeResi
Average property prices dipped in February – UK HPI
London prices climbed by 2.3% over the year to March - the biggest annual increase of any English region.
By PrimeResi
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Chelsea estate reportedly trades in £270m-plus off-market deal
Sale of historic SW London mansion is thought to rank among the most expensive ever recorded in the UK, and potentially globally.
Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
By PrimeResi
Savills in LA tie-up with top-end brokerage
‘Our clients are more global than ever before and expect a seamless service across residential markets worldwide,’ says Savills’ global residential head Victoria Garrett.
Allsop recruits former Savills director to lead new planning department
'We are pressing on with our strategy of growth in complementary business areas,' says property consultancy boss.
By PrimeResi
‘A rare arrival on the lettings market’: Bayswater duplex seeks £10k pw
The marquee apartment in Redrow's 2015 Connaught Place development is available to rent.
By PrimeResi
D&G adds another self-employed broker in Central London
Keelan Forbes has returned to the agency after a spell with Savills.
By PrimeResi
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Savills snaps up top-end London lettings firm
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Tom Bill: Middle East ceasefire to boost buyer sentiment more than mortgage market
This week’s ceasefire will support UK housing demand, but mortgage rates are unlikely to drop quickly, explains Knight Frank's resi research boss.
By Tom Bill
Prime London buyer demand ‘stays firm despite vast economic uncertainty’
Q1 saw a slight increase in the proportion of open-market £2mn+ property listings that had already secured a buyer.
By PrimeResi