‘Developers will struggle to break ground on new sites’: Woes continue in PCL’s new-build sector
New-build transaction slump should serve as a cautionary tale against any further tax tinkering, warns LCP
Autumn sales market bounce ‘could be missed altogether’ as buyers continue to hesitate
Asking prices fail to rise in September for the first time in eight years, reports Rightmove
By PrimeResi
2% or 28%: Agency offers two five-year PCL property price forecast scenarios
House prices in Prime Central London could end 2023 just 2% higher than in 2019, predicts Strutt & Parker - or they could climb by 28% if Brexit uncertainty clears
By PrimeResi
Record month for Chestertons as PCL activity levels ‘leap’
One of London's biggest estate agencies has just had its best August on record, but both sales and lettings teams are having to put the work in to get deals over the line...
By PrimeResi
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
By PrimeResi
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
By PrimeResi
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
By PrimeResi
Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.
By Lucian Cook
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
By PrimeResi
Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Rhodium teams up with design platform Invisible Collection
Exclusive partnership will bring collectible design into Rhodium’s portfolio of ultra-luxury & branded residences.
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London letting agency under fire over Chancellor’s rental mis-step
Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.
By PrimeResi