Foreign buyer numbers fall in PCL
Overseas buyers accounted for 39% of purchases in Prime Central London last year, down from 55% in 2018.
Buyers spent a record £5.2bn on PCL property last year
...but prices and stock levels both fell in the final quarter, reports JLL.
Pick of the Postcodes: Which neighbourhoods are driving the PCL market right now?
Buyers have been honing on on Bayswater & St John's Wood in search of relative value and the right type of stock, reports boutique agency.
PCL house values recover to peak levels after seven years
Values have returned to the highs of 2015, before tax hikes, Brexit disruptions and Covid, reports LCP.
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Mapped: Comparing values & performance across Prime Central London
From Bayswater to Westminster, this is how London’s top neighbourhoods are stacking up in 2025.
Major prime agency installs new lettings boss
Daniel Fisher will lead the 153-year-old firm's lettings business into its 'next chapter'.
Knight Frank launches new Windsor office
Agency looks to boost presence in the Home Counties with latest addition to its network.
Rumourmill: Treasury considers Mansion Tax with CGT on high-value homes
The Chancellor is reportedly looking into charging Capital Gains Tax on top-end homes, and/or the prospect of an annual levy on the most expensive properties.
By PrimeResi
Prime Purchase recruits well-known Home Counties buying agent
Mark Crampton has returned to the Savills-owned buying agency.
By PrimeResi
Ranked: The cost of buying, owning & selling a $2mn property around the world
New research goes beyond the listing price to reveal the true cost of a high-value residence, from Singapore to London.
Rumourmill: Reeves mulls new property levy to replace stamp duty
Treasury said to be weighing charge on £500k+ homes, with council tax overhaul also on the table.
Savills hires ex-Strutts director to head Guildford resi sales
Ed Boden previously spent eight years at Strutt & Parker, where he ran the South Kensington and Chelsea branches.
In Pictures: Residence One project in Knightsbridge ‘sets a new benchmark for mews living’
Reworked freehold property on Ennismore Gardens Mews is being pitched at £8.35mn.
Landmark Westminster office block with development potential sells for £245mn
Queen Anne's Mansions is currently home to the Ministry of Justice; its new owner is 'exploring all potential avenues for the site’s future.'
By PrimeResi
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Super-rich tenant shells out £75k pw for Mayfair mansion as high-value rentals surge
The number of 'ultra-high-end' rental deals in London has doubled in the last year, new figures indicate.
A swirl of speculation: Tom Bill cuts through the ‘noise’ of recent tax rumours
'I’d be surprised if there was anything to tax in PCL from the last decade as prices have fallen 20%,' notes Knight Frank's UK resi research chief.
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Swiss bank Julius Baer has analysed the top locations for wealthy folk 'looking to live the good life'.
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Agency reports slew of top-end deals in Richmond as buyers home in on SW London
Price records fall as househunters compete for 'once-in-a-generation' opportunities in outer prime hotspots.
Prime London rental growth slows as stock levels hit four-year high
There were 18.3% more homes on the market at the end of last month than a year earlier, LonRes data shows.