Format: News
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Overseas company ownership of property nearly doubles over decade
The total value of overseas-owned property in England & Wales has continued to climb in recent years, but more slowly than in the late 2010s.
Colliers adds new director to Residential & Living team
Joe Sarling has joined the property firm's new-look division, following previous roles at Homes England, the National Housing Federation & Lichfields.
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
PCL to underperform against ‘modest’ UK property price growth in 2026 – Chestertons
The market is beginning to stabilise, says leading estate agency, with house prices predicted to rise by only 1-2% across the country next year.
Bigger ‘Boxing Day bounce’ expected as house prices tipped to rise 2% in 2026
Average asking prices fell 0.6% through 2025, but Rightmove is forecasting 'a better year for price growth in 2026 with a strong rebound in activity to kick start the year.'
Mortgage lending heads for £300bn – but the housing market treads water
Trade body UK Finance is forecasting a 4% increase in gross mortgage lending next year, despite a drop in residential transactions.
Government tightens scrutiny of professional enablers in anti-corruption push
Lawyers, accountants and bankers to face new controls and compliance requirements as officials unveil latest measures to ‘drive dirty money out of the UK’.