Demand climbs in PCL, but deal numbers dwindle
A Prime Central London market snapshot from Knight Frank
What to read next
Demand, supply & deal numbers fall further as Brexit uncertainty takes its toll
'The wearisome state of British politics that has arisen from Brexit – particularly in the last six months – continues to take their toll on UK housing,' says the Royal Institue of Chartered Surveyors.
By PrimeResi
Sales volumes & values drop in PCL – but ‘pent-up demand is forming’
This year's falling prices and dwindling transactions may be "a short-term trend", says Knight Frank's Tom Bill, as more prospective buyers line up in Prime Central London
By PrimeResi
Surveyors record ‘a slow start to the year’ as supply, demand & deals continue to dwindle
Surveyors 'sense little prospect of a turnaround' in the short-term, says the RICS, 'as concerns over the potential impact of Brexit, alongside affordability constraints continue to cause buyers and sellers…
By PrimeResi
Companies in this article
Knight FrankMost read
High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
By PrimeResi
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Agency duo buy well-known SW London firm
Brendan Wynne & Fraser Allen are consolidating the 33-year-old estate agency's multiple branches into a 'hub office' in central Richmond.
By PrimeResi
Luxury PCL developer expands into the prime country market
Mayfair-based REDD says growing demand from UHNW clients is driving its move beyond central London.
Influential economists urge incoming PM to scrap stamp duty & council tax for 1% property value tax
UCL report backed by heavyweight thinkers proposes annual levy on property values as part of sweeping tax overhaul.
By PrimeResi
‘A hidden crisis’: How uninsurable properties are quietly stalling high-end transactions
While climate-related risk is widely discussed, the immediate impact on the luxury homes market is not, writes George Seatter - and insurance placement is emerging as one of the biggest deal blockers around.
LATEST ARTICLES
Knight Frank promotes 129
UK business names 18 new Partners in latest promotions round.
des Forges: ‘When the London market turns up, it turns fast’
In Pictures: Top agents and designers gather in Knightsbridge to discuss the capital's prospects & evolving HNW trends.
Behind the Schemes: How ‘invisible tech’ helped reimagine a Grade I listed Fitzrovia townhouse
Award-winning collaboration between James Gorst Architects and Mosaic Audio & Visual concealed cutting-edge systems within one of PCL's most significant heritage homes.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
‘Around 40’ Keller Williams agents move to rival brokerage in Scotland
French broker platform iad heralds 'a new era for Scottish agents'.
By PrimeResi