Estate agents report sharp start-of-year jump in home-buying activity
Buyer demand jumped by 80% from December to January, reports Propertymark, while the number of agreed sales increased by 50%.
‘The start of 2023 has seen more activity than most expected and there are signs that the rest of the year may follow suit’ – Strutt & Parker
Estate agency maintains property price forecasts for the year ahead, but cuts its outlook for Prime Central London rental prices.
By PrimeResi
Rightmove reports ‘a more encouraging start to the year than many anticipated’
Property portal notes 'tentative sign of stability' as asking price rise in January after two negative months.
Buying agents on the hunt for over £1.2bn worth of property as purchasers get serious
Revealing data from B2B platform LonRes 'demonstrates the increasing volume of serious purchasers looking to buy now'
By PrimeResi
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Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
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£50mn trio of trophy apartments sold at 9 Millbank
Series of super-prime sales at the landmark St Edward scheme marks a 'significant milestone' for Westminster's property market, says agency.
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Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
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Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
Big-brand luxury property brokerage launches ‘flagship’ West London office
UK Sotheby’s International Realty has opened a fifth branch in the capital, setting up shop with a strong team on Kensington Church Street.
By PrimeResi
New boutique agency eyes SW London expansion
Beaufort Green was launched last year by former Dexters sales director Charlie Ince-Green.
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
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Knight Frank downgrades PCL house price growth forecast
'Needs-based' housing markets are likely to see prices rise faster than previously thought, but Knight Frank has cut its near-term forecast for Prime Central London 'due to the fact the political backdrop…
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