Country house buyers in strongest position for seven years
'It’s quite clear where the negotiating power sits at the moment', says Knight Frank, as high supply & meagre demand puts downward pressure on country property prices.
What to read next
Country house buyers hold back in third summer of uncertainty
Exchanges are down 10%, buyer registrations are down 14%, and average prices have fallen by 5% in the last year, reports Knight Frank.
Industry Reactions: UK house price growth slowed to 2% in June
But London’s rate of price decline eased again, prompting one buying agency to flag ‘increasing signs that prices have finally bottomed out’ in the capital.
Industry Reactions: Annual house price growth slows to 2.7%
Latest official data shows the national annual rate of property price inflation fell sharply in May. 'The market is holding steady rather than collapsing,' comments one London estate agent.
Most read
Arts & Crafts gem on Kensington Palace Gardens reborn as six ‘world-class’ residences
Luxury developer REDD unveils set of super-prime homes following ambitious five-year restoration of Philip Webb-designed landmark.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
Savills completes £170mn townhouse run at Chelsea Barracks
Contracts exchanged on £40mn Banda-designed residence, rounding out sales at Mulberry Square.
Savills makes key resi hire in Dubai
Greg Stockton is on board to link UK developers with investors, wealth managers and adviser in the Middle East.
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
Billionaire financier quits UK tax residency – but keeps massive Wiltshire mansion restoration project
One of Britain’s biggest taxpayers is reportedly relocating fiscal affairs overseas.
Seasoned Savills director moves to broker-model agency
David Johnston spent the last 21 years with Savills in Kent.
Six months to challenge mansion tax valuations
Fresh details emerge on HVCTS roll-out as HMRC drafts in 300 extra staff, with up to 200,000 homes potentially in scope.
LATEST ARTICLES
Picky buyers & patchwork performance: The state of Prime Central London in 2026
Fresh data and charts reveal differing fortunes across the capital’s luxury property heartlands - and offer some pointers as to what happens next.
US brokerage giant launches global division for cross-border property deals
Compass rolls into international markets including the UK with new agent network.
Martin’s Properties installs new CEO
Former St Modwen MD succeeds Richard Bourne at the £400mn family-owned property business.
Greenwoods hires senior resi duo from Withers and Forsters
'Amalie & Poornima are as good as it gets when it comes to lawyers for high-value, complex, residential property,' says the firm's resi chief.
Knight Frank opens new office in Derbyshire
New Sales Director tasked with growing agency’s market share across the region.