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.
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'
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Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
Luxury developer updates on progress as landmark project moves to advanced phase of construction.
Deal sealed on ‘exquisite’ £27.5mn Clarges Mayfair apartment
Knight Frank secures sale of extra-special dual-aspect unit in 'iconic' super-prime scheme opposite Green Park.
Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
Australian luxury property big-hitters team up with former Knight Frank partner for new private office venture
Based in the Asia Pacific and the Middle East regions, Origin Private Office has already transacted on over US$100mn worth of prime property, and is advising on a branded resi development project.
Investor swoops on South Ken apartment block
London is offering 'great value' right now, says firm.
Luxury agency adds new sales director in Knightsbridge
Anna Isajenkowa has joined United Kingdom Sotheby’s International Realty from Savills.
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
Mayfair mews project secures £6.5mn loan
Developer plans a 'transformative' redevelopment of the house on Mount Row, funded by a big-ticket loan from CapitalRise.
In Pictures: Handelsman’s Manhattan Loft Gardens penthouse seeks £17.5mn
Visionary property developer's 40th-floor home 'is a rare gem in the London luxury property market that stands out thanks to its awe-inspiring views and unique architectural brilliance,' says Becky Fatemi…
Savills creates London-based Caribbean desk
Tom Vickery is leading the latest addition to the firm's global residential department.
LATEST ARTICLES
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
What impact will the UK General Election have on sales volumes?
'Electoral cycles typically do not precipitate significant fluctuations in transaction levels,' new analysis shows
Prime London Property Market Snapshot: Week 16, 2024
LonRes data shows a sharp increase in price reductions over the last two weeks.
CBRE Middle East chief moves to Kingdom
Former CBRE Director Roshan Wial is now Group Sales & Marketing Director at UK/Middle Eastern property firm Kingdom International.
A ‘spring surge’ in property market activity could turn into a ‘spring standoff’, warns buying agency
Estate agents are telling Garrington's team that they 'are having to accept vendor-led prices to ‘test the market’ prior to either offering price reductions or accepting a lower offer.'