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PrimeResi's snapshot of the London property market, featuring the latest sales and lettings data from LonRes.
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Property Market News
London sales slump to six-year low as price cuts surge
Fresh analysis of LonRes data reveals agreed sales in the first nine months of 2026 were 22% below the five-year average, and 36% below 2021 levels.
Prime London Property Market Snapshot: Week 41, 2026
The number of sales agreed and listing going under offer fell back again last week...
Buyer demand slips again as the Budget looms
'There’s certainly an element of buyers adopting a wait-and-see approach ahead of the Autumn Budget,' notes eXp after analysing Rightmove listings.
Chancellor backs away from major capital gains tax raid
‘Batshit crazy’ plans to equalise CGT with income tax reportedly shelved, although smaller increases could still be on the table.
Another London agency flags signs of sales market ‘stabilisation’
Chestertons joins other big-name firms in detecting an improvement.
Luxury London lettings hit record levels as international buyers bide their time
Wealthy residents 'have not turned away' from Prime Central London, says JLL.
Five Charts: Prime buyer & seller attitudes in Autumn 2026
There are significant challenges but 'commitment to move home remains in positive territory,' concludes Savills after surveying more than 1,000 prospective buyers & sellers.
Chancellor ‘rules out’ lowering mansion tax threshold to £1.5mn
John Healey reportedly rows back on cutting the HVCTS entry point in this month's Budget, following backlash from London MPs.
CONTACT LONRES: If you would like further independent data on the dynamics of London’s residential market or required some bespoke research for your business, please contact the Research Team at LonRes on [email protected] or call +44 (0)20 7924 6622.