Deal numbers pick up in Prime London but ‘uncertainty ahead’
There were some positive signs for the sales market last month, reports LonRes, but the top end is still struggling with rising supply and weaker demand.
Under-offer numbers down in Prime London as buyers & sellers put their moves on hold
The number of properties put under offer last month was below the pre-pandemic average for the first time since June 2020, while fall-throughs were up by 80%...
Prime London prices post year-on-year growth for the first time since mid-2023
Supply is outpacing demand, but positive sign 'might motivate buyers to become more active,' suggests LonRes.
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
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Bentry lines up super-prime play in Hampstead after pre-Budget swoop
Investor-developer sees off strong competition to secure landmark Edwardian mansion for £16.4mn; plans to deliver around 50 top-end apartments as part of grand 'Sandringham-style' residence.
Project London doubles revenue & kicks off international expansion
High-end design studio founded by two former buying agents reports 'landmark' year & gears up to launch Dubai base.
Expanding brokerage signs super-prime Surrey specialist from Savills
Ben Hehir will be based between the firm's Cobham office & Mayfair HQ.
Relaunched luxury scheme leads resi revival in St James’s Park
Sales team reports renewed buyer interest at The Broadway as raft of redevelopments signal SW1 'renaissance'.
My Property Career: Quickfire Q&A with Chelsea Whelan
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Prime Central London price declines to ‘bottom out’ early next year – JLL
UK house prices set for +20% growth in the next five years, predicts leading property consultancy.
London house prices to flatline until 2028 as prime markets ‘remain subdued’
Leading estate agency forecasts a property market 'power shift' as the capital's recovery is 'delayed' & regions significantly outperform.
Douglas Elliman carves out new territory in the French Alps
Exclusive: Fresh from its arrival in the French Riviera and Monaco, the US brokerage is pushing into the super-prime Alpine markets of Chamonix and Morzine.
High-value sales jump as Budget clarity brings ‘short-term relief’ in Prime London
£5mn-plus exchange volumes were 21% above the five-year norm last month, although PCL prices recorded their steepest annual fall since 2021.
Knight Frank launches Private Office in Australia
Ari Petrovs is leading the property consultancy's latest HNW-focused division.
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Rental supply builds as tenant demand drops
London rents have increased by an average of just 1.6% in the last year, according to Zoopla's latest index.