‘Eye-watering’ reductions in London’s ‘marzipan layer’
Prices slashed on nearly half of all London homes in the £1m-2m range, with discounts of up to £900k in "extreme" cases...
London property prices are likely to drop by 3% in 2018 – Winkworth
"The fundamentals looks sound" for residential markets in 2018, says Winkworth, but the estate agency is not predicting much in the way of price rises.
By PrimeResi
Over half of prime London valuations are being marked down by surveyors, warns Coutts
Over the last 12 months, 52% of valuations in the capital's prime markets were revised downward before purchase, according to the Queen's bank, with average revisions ranging from 2.2% to 7.8%
By PrimeResi
Six London property market trends explored in 13 charts
The Office for National Statistics has analysed recent movements in the UK House Price Index, highlighting a series of notable trends in the capital's property pricing and transaction volumes
By PrimeResi
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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.
By PrimeResi
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 names three new Proprietary Partners
Knightsbridge lettings head Arya Salari, capital markets specialist Eddie Thomas and lease advisory lead James Thistle step up.
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.
By PrimeResi
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?'
By PrimeResi
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.
By PrimeResi
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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.
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.
By PrimeResi