Downsizers ‘place a greater significance on the emotions of moving, as opposed to the financials’, says Savills
A lack of suitable stock remains the biggest single constraint preventing downsizers and empty nesters from making a move, suggests new research, followed closely by emotional attachment - with financial considerations in a distant third place.
Countryside house prices outpace coastal hotspots
"Buyers who are being priced out of the seaside are diverting their search to nearby countryside spots," suggests eXp UK.
By PrimeResi
Mortgage sales have slumped 42% so far this year
New analysis shows London and the South East have seen the biggest declines in mortgaged transactions.
By PrimeResi
Riverside Rules: House prices near inland waterways outperform seaside locations
Jackson-Stops has taken a deep dive into waterside property price premiums, highlighting a sharp increase in values over the last five years.
By PrimeResi
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Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
By PrimeResi
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
By PrimeResi
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
Japanese behemoth to buy top-end construction giant Multiplex
Multiplex's prime London projects include 30 Grosvenor Square, St John's Wood Square, The Broadway & Television Centre.
By PrimeResi
LATEST ARTICLES
Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
By PrimeResi
Brokerage signs former Strutt & Parker Kensington sales head
Experienced PCL operator Andy Harris is Moveli's latest senior recruit.
Reform or catch-up? Why the prime property market is already ahead of the Government’s plans
Ministers want to speed up homebuying and reduce failed sales, but many of the reforms being proposed have long been standard practice at the top end of the market, writes property lawyer Laura Conduit.
Battersea Power Station picks contractor for Gehry-designed next phase
165-year-old firm will complete Electric Boulevard with two striking new buildings delivering around 300 new homes and c.65,000 of commercial space.
By PrimeResi
Prime Minister Questions: Lucian Cook on what political change means for the housing market
Savills' resi research chief bemoans yet another round of Westminster upheaval, heralding more unwelcome uncertainty for the housing market.
By Lucian Cook