Main image: Kensington
Emma Fildes: Observations from the field
Market indices have given sellers false hope, reports buying agent Emma Fildes, and there is an air of desperation amongst those who went too big on price before the summer.
‘Asking prices in the majority of PCL remain frankly delusional’: Emma Fildes on a rollercoaster year for resi property
From the post-pandemic frenzy to the sticky situation buyers & sellers find themselves in today, how the market has changed in just 12 months.
UK market ‘is becoming more free flowing,’ says buying agency – but ‘it is far too soon to call this a full recovery’
'With many buyers spoilt for choice and sellers keen to get a deal done, generous discounts are still achievable for buyers who do their homework and negotiate effectively,' says Garrington.
Lucian Cook: Painting a picture of Prime Central London’s ‘decade of adaptation’
Savills' Head of Residential Research appraises how PCL's property market has changed over the past ten years - since George Osborne's sweeping reform of the property tax regime - and looks ahead to what…
Most read
Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Agents appointed on £60mn St John’s Wood apartment scheme
Developer Residence One gears up to launch 29-unit project fronting London's iconic Abbey Road.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
London’s first Park Hyatt-branded residences set for launch this year
Sales team behind Twenty Grosvenor Square and The Whiteley gearing up to market 103 luxury apartments in Nine Elms.
Knight Frank appoints new UK marketing head
Former Crown Estate and Disney exec takes role spanning agency’s resi and commercial divisions.
£10mn Notting Hill project offers chance to create ‘one of the area’s great homes’
Rare unmod Ladbroke Grove townhouse with communal garden access and basement planning comes to market.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
Ten Years On: Assessing the ‘profound effect’ of the second home stamp duty surcharge
'Almost overnight, the market tilted away from investors,' says Hamptons, 'meaning far fewer homes have been added to the rented sector' in the last decade.
Savills buys major real estate investment bank Eastdil
The deal is one of the biggest in Savills' history.
LATEST ARTICLES
‘Hundreds’ of luxury London flats set for sale after £2bn lender collapse
Around 250 property companies with assets across PCL now under administration.
Knight Frank names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
KPMG builds out real estate legal team
Senior hires take firm’s UK practice to 15 lawyers as Big Four push deeper into property.
$1bn & counting: Inside Manhattan’s ‘most successful’ luxury new development
PrimeResi gets a first look at the ultra-prime West Village scheme quietly racking up record-breaking deals.
Garrington launches Northern Ireland’s ‘first dedicated buying agency’
'The prime market in Northern Ireland has reached a point of genuine maturity,' says buying agency boss.