Fewer home-owners are improving their properties in London’s prime boroughs
RBKC and Westminster buck the national trend for more home improvement, according to research by Barbour ABI
What to read next
Prime new-build construction collapses in London, but sales pick up
45% fewer prime new-build homes started construction in London in Q2 this year compared to 2018, report Savills and Molior
By PrimeResi
Resurgent British film industry drives luxury short-let boom in London & the Home Counties
Knight Frank reports an 82% boost in film-related enquiries, as tax breaks and currency movements bring increasing numbers of A-list stars and production crews to the UK
By PrimeResi
Mega Digs: Exploring London’s elite ‘basement belt’
London has seen "a normalisation of single-storey basements as the 21st-century version of the loft conversion," says Professor Burrows in a new study of the capital's "luxified troglodytism".
By PrimeResi
Companies in this article
Barbour ABIMost read
Star Douglas Elliman broker targets London’s super-prime market
Luxury NYC specialist secures exclusive US representation for raft of landmark developments as American demand continues to build.
Developer & contractor convicted over fatal London tower incident
Foster + Partners cleared of health and safety breaches over fatal Corniche window fall; St James and Lindner Prater found guilty.
By PrimeResi
Georgian gem changes hands on Fitzroy Square in off-market deal
Demand for best-in-class homes is driving top-end activity in PCL, says agency behind latest benchmark sale.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
By PrimeResi
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
Rhodium hires former Nobu exec to lead global growth push
Dean Main's luxury property consultancy brings in Diane Daudin-Clavaud as Chief Development and Strategy Officer.
Big London agency reports 22% drop-off in buyer registrations
Chestertons flags steepest annual fall in prospective buyers since last November amid political and tax uncertainty.
LATEST ARTICLES
Tom Bill: ‘Burnham bounce’ struggles to lift property market
Labour's revival in the polls has changed the political mood, but buyers remain cautious as rising borrowing costs and fears of further tax changes mean the housing market has been treading water, explains…
By Tom Bill
Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
The Agency UK gears up for ‘major’ London expansion
Fast-growing self-employed brokerage builds senior team as it looks to make the capital a ‘substantial part’ of the business.
Overseas sales of UK homes slow after non-dom flight fades
16,520 UK residential properties sold by overseas individuals in 2025-26, versus 18,100 in the previous year.
By PrimeResi
Rightmove downgrades 2026 price forecast as asking prices see steepest August drop since 2018
'Many sellers are recognising the reality of the market and pricing much more competitively from day one,' says property portal.
By PrimeResi