‘Every home sold means more jobs protected’: Sunak lauds the rallying housing market
Residential property transactions jumped by 15.6% in August, following a 14.5% rise in July, prompting Chancellor Rishi Sunak to trumpet a triumph for the Treasury's Stamp Duty holiday policy. But house sales are still 16.3% lower than in August 2019, and Q2's tally was the lowest since 2009.
OBR revises housing market forecasts in light of Covid-19
Three scenarios for house prices and transactions volumes over the next five years have been presented by the Office for Budget Responsibility - an Upside, a Central, and a Downside.
By PrimeResi
‘A positive close to the year as confidence returns to the housing market’ – NAEA
Another market report tells of improved activity in the wake of December's General Election.
By PrimeResi
After its longest property market downturn, Prime London ‘is beginning to find its level’
Property prices in Prime Central London have fallen for the last 19 quarters, but the Savills research team is now spying a return to positive growth -although we're still five years away from a 'normal'…
By PrimeResi
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£11mn Mayfair townhouse snapped up in ‘ultra-fast’ deal
Former residence of Countess Raine Spencer on Farm Street sold within three days of listing, following a 'wave of enquiries from around the world'.
In Pictures: Cipriani Residences Miami’s London launch party
Mast Capital showcased its latest luxury branded residential project to Mayfair's deal-makers & glitterati last week.
By PrimeResi
Boutique agency goes big in Belgravia
Firm claims number one ranking after opening an office in the prestigious neighbourhood just ten months ago.
Rare new-build townhouse hits the market in Chelsea
Double-fronted project by boutique developer Wilben is the first new house on Gertrude Street for over 170 years.
PCL market ‘holds steady’ despite pre-Budget jitters
The number of applicants registering to buy was up by nearly 50% last month, reports JLL.
Banda moves into retail with virtual furniture & design gallery
Edo Mapelli Mozzi's new project showcases vintage interior design pieces that 'pay homage to global artisans and craftsmanship.'
By PrimeResi
Second-hand homes set new records in Mayfair
Wider uncertainty has failed to dent the historic district's appeal amongst global HNWIs, reports agency.
John D Wood & Co. recruits Savills’ Stuart-Mogg to lead Kensington sales
James Stuart-Mogg spent the last eight years with Savills.
By PrimeResi
Chancellor set to leave CGT rates for second homes ‘untouched’
New leaks from Downing Street suggest Rachel Reeves is planning to leave Capital Gains Tax on property sales unchanged, while increasing rates on other asset sales by 'several percentage points'.
By PrimeResi
Interview: Hamptons’ Craig Tonkin on positioning a heritage estate agency for success in today’s PCL property market
'Unlike a number of other agents we don’t feel threatened by the emerging ‘broker model’, indeed we see huge opportunity to evolve with it'
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Navigating growth amidst challenges: Raul Cimesa on London’s new homes market
Knight Frank's London new homes chief explains how limited supply, rising costs & strong demand are shaping the landscape in the capital.
By Raul Cimesa
Off-market penthouse deal sets new benchmark in Shoreditch
A cutting-edge marketing strategy led to this super-cool apartment achieving a new local price record.
Developer unveils first show apartment in ‘PCL’s fastest-selling luxury residential building’
Chapman Eugène-designed interiors create 'an overwhelming sense of elegance & refinement', says Native Land.
By PrimeResi
Prime London Property Market Snapshot: Week 42, 2024
Fresh LonRes data reveal a drop in buying and selling activity as the Budget hoves into view.
By PrimeResi
Lomond snaps up well-known Kent estate agency
Miles & Barr is Lomond's 64th business acquisition, as the firm continues its Southern expansion drive.
By PrimeResi