FORECAST: UK Prime Regional Towns +4% to +7% next year; PCL -2% to +1% – Carter Jonas
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‘Dramatic’ fall in PCL house sales (even for an election year)
A significant reduction in transactions is to be expected in an election year, but there have only been nineteen house sales across the whole of Belgravia, Chelsea, Knightsbridge and Kensington in…
Dearth of buyers affects regional prime property prices
"Weak market sentiment" amongst buyers has been blamed for poor performance in the prime regional property market, as Savills reports a fall in average values across the country.
London’s prime property market dip to drive a £1.6bn cut in this year’s SDLT receipts
Stamp duty receipts "so far this year have been much weaker than expected" says the OBR
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Forbes-backed brokerage adds another big name to PCL line-up
Latest Founder Partner brings nearly four decades of top-end agency experience to Martin Bikhit’s new venture.
Property billionaire swaps Holland Park for Monaco
David Reuben becomes the latest big name to leave the UK, joining a Monaco set now controlling some £77bn of Rich List wealth.
Inside St John’s Wood Square: Sales launch at ‘once-in-a-generation’ super-prime project
Portia Fox-designed show apartment unveiled as long-awaited transformation of historic NW8 barracks site hits the market, with pricing revealed for the first time.
RFR brings in super-prime specialist as MD
Former Knight Frank partner joins Chelsea-based buying firm.
Guardian: Why are London mansions struggling to sell?
LonRes chief says there is some ‘unbelievably good value’ in the capital's prime neighbourhoods - but warns the market has yet to find its floor.
London Square owner racks up £1bn-worth of Abu Dhabi sales in a week
International buyers drive bumper sales tally for Aldar across two waterfront launches.
Record transfer window kicks off super-prime rental bonanza
Savills handled more than 20 player and manager relocations over the summer, including a string of deals in Cheshire at more than £30k a month.
Super-prime London scheme lands double win at global branded residence awards
Raffles-branded project takes European and urban titles at inaugural awards programme for booming sector.
Martin Kemp Design takes up residence near Buckingham Palace
Luxury design practice moves into new Buckingham Place studio, with a run of prime resi projects underway and a growing furniture range.
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LATEST ARTICLES
Have PCL property values turned a corner?
Fresh Savills data suggests the pace of decline is easing across prime markets, as buyers & sellers become 'more aligned on price.'
Major developer calls time on London as viability ‘fundamentally broken’
Economic rewards for taking development risk in the capital have 'evaporated,' says housebuilding giant boss.
Tories’ inheritance tax sums come under scrutiny
Analysis suggests proposed reforms could cost almost twice as much as claimed - and put a sizeable dent in the number of £1mn-plus homes coming to market.
Sotheby’s International Realty rolls out 50th birthday marketing pageant
Luxury property broker brand marks milestone anniversary with an ad campaign, a coffee-table book and a big agent gathering.
Chestertons names new short-lets boss
London agency reports growing demand from owners whose properties have been sticking around on the sales market.