Edinburgh property prices hit a record high
“I’ve never seen anything like it," says Edward Douglas-Home, head of Scotland residential at Knight Frank. "Once lockdown was lifted there was an explosion in activity and it’s been an extremely busy summer that has seen the return of competitive bidding on sought after properties."
What to read next
Asking prices climb to another record high, but the property market appears to be slowing
“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.
‘Best ever spring sellers’ market’ as asking prices hit another record high
Rightmove has recorded the biggest March jump in average asking prices since 2004 - but the portal's top analyst warns "there are headwinds that seem likely to remove the current market froth in the second…
Asking prices rise to another record high – but the pace of growth slows further
"There are likely to be some month-on-month price falls during the second half of the year," says Rightmove.
Companies in this article
Knight FrankMost read
Luxury London developer falls into administration
Begbies Traynor appointed to boutique firm behind a number of top-end resi projects across the capital.
Super-prime fit-out specialist eyes £100mn turnover amid resi push
130-year-old firm behind interiors at The Peninsula and The Londoner expands residential offering with three of London’s most anticipated luxury schemes in the works.
Zara billionaire picks up Marylebone rental block for £150mn
Amancio Ortega's Pontegadea has made a notable play in London's built-to-rent arena.
By PrimeResi
In Pictures: 19th-century Notting Hill dairy reborn as boutique resi scheme
Echlin delivers a 'deliberately restrained' take on warehouse living at Black Treacle’s new eight-unit development near Queensway.
Facebook founder buys Irish castle
Mark Zuckerberg & Priscilla Chan have reportedly acquired the 440-acre Strancally estate in Waterford in an off-market deal.
By PrimeResi
Former buying agent’s prime property network chalks up nearly £4bn of listings
Two-year-old platform doubles down on high-end market with nearly 500 agents signed up and over £3bn of live buyer searches.
Beyond the £2mn threshold: Why the new High-Value Council Tax Surcharge needs careful design
The consultation may be over but some of the most important details are still very much up in the air; Hannah Catt looks at the key issues that could determine how the new regime works in practice.
By Hannah Catt
Behind the Schemes: Rebuilding a Notting Hill townhouse from the inside out
ACT, De Rosee Sa & Katie Harbison talk us through a 75-week overhaul that involved moving the staircase, rethinking every floor and reconstructing the roof of a fine Italianate residence.
Luxury hotelier appoints Chair amid branded resi push
Former Jumeirah boss José Silva to help steer Maybourne's 'next phase of growth'
By PrimeResi
Christie’s International Real Estate joins luxury agency push into Phuket
Global brokerage network follows Bangkok launch with move into booming island market.
LATEST ARTICLES
Savills adds senior names in Notting Hill & Islington
Marsh & Parsons and Knight Frank alumni join the agency's prime London network.
By PrimeResi
Who really owns that £20mn townhouse? The red flags property advisers need to know
Required Reading: Sanctions have raised the stakes when it comes to navigating complex ownership structures. Anthony Hanratty explains what prime property professionals should be looking for.
American real estate behemoth takeover completes
Real completes $880mn acquisition of Re/Max, forming 180,000-agent global brokerage giant.
By PrimeResi
LRG to buy 200-year-old southern counties estate agency
Henry Adams, which traces its roots back to 1826, will share a parent company with Farrar, Stirling Ackroyd and Chancellors.
By PrimeResi
English Mayors handed powers to call in planning applications
New regime will give regional leaders authority over strategic schemes, with ministers consulting on intervention in developments as small as 50 homes
By PrimeResi