‘Critical rental shortage’ to escalate until 2025 – RICS
Surveyors warn of a 1.8 million shortfall in available rental homes
Rental instructions up 53% on 2010 as supply continues to outstrip demand – Lonres
The big story in London's rental market over the last year has been the level of supply far exceeding that of demand, according to the just-released Lonres Winter Review. The numbers are profound;
By Prime Resi
Prime property prices set “to plateau” in 2013
More agents are joining the ranks predicting a drop-off in price growth next year; the latest - top London-based firm WA Ellis - is tipping a shift to more realistic pricing as the main driver.
By Prime Resi
Stock shortage will put brakes on recovery – Foxtons
The market is "taking time to recover" from the General Election, says Foxtons plc in its latest trading update; the firm's figures are looking decidedly healthier already though...
By Prime Resi
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‘An important moment for independent agency & brokerage in the UK’: Harding Green acquires The London Broker
Industry heavyweights join forces to ‘supercharge’ the UK broker model.
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
Top Chestertons & Foxtons agents join UK Sotheby’s International Realty
Brokerage adds luxury specialists Stephanie Russo & Thomas Brooks to its growing PCL team.
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
By PrimeResi
£70mn deal streak for Strutts’ Estates & Farms team
A strong autumn market saw the agency conclude 'landmark' sales in Wiltshire & Surrey - and tee up some big transactions for the coming weeks.
Buyers compete over rare unmod townhouse in Notting Hill
Stucco-fronted property just off Westbourne Grove went for well above asking after becoming available for the first time in over 40 years.
Agents report ‘extraordinary’ sales & lettings run in North Surrey
Knight Frank handled £106mn-worth of property sales & saw a 171% jump in super-prime lettings in the area through Q3.
By PrimeResi
‘Fortune favours the brave’: Inside the Chelsea sale that defied the market
Jamie Hope reveals how a bold pricing strategy on Glebe Place sparked a bidding frenzy and delivered 20% over asking - amid some of the toughest conditions in recent memory.
By Jamie Hope
LATEST ARTICLES
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
Gulf buyers behind one in three £5mn-plus PCL sales – Beauchamp
‘There has been an eagerness to get deals over the line,’ reports luxury agency, confirming a £75mn flurry of transactions across top-end schemes in Mayfair & Bayswater.