Format: News
Prime London Property Market Snapshot: Week 13, 2024
Sales and rental supply continue to build across London's prime postcodes, as fewer deals are agreed but more new instructions come to market.
Property industry reactions: Mortgage approvals climb for fifth month
'The recovery in housing market activity is taking hold despite an uncertain start to the year for mortgage rates,' comments Simon Gammon, Managing Partner at Knight Frank Finance.
Super-prime construction firm hires London operations director
Mark Hailey will be spearheading the delivery of Knowles’ projects in the capital.
Mapped: Areas of London with the greatest ‘hidden value’
Savills has analysed over 4,000 micro-locations to pinpoint those with the most potential for value uplift.
First-time buyers behind one in three property sales so far this year
Hamptons heralds a 'market milestone' as first-time buyers account for a record share of home-buying activity, particularly in London and the South East.
CapitalRise closes £4.9mn loan in Chelsea
Prime property finance firm completes speedy turnaround to fund acquisition & development of a property on Cadogan Street.
Buyer sought for boutique resi development opp in Brook Green
Prime W14 site comes with planning for eight new-build apartments.
Prime property market shows ‘signs of recovery’ as values ‘turn a corner’
The latest Savills indices point to a more positive outlook for top-end property markets in London and the regions, although prices remain sensitive.
Knight Frank appoints new office head in Winchester
Jane Kennerley has made the move from Savills.
New York, Tokyo & London named world’s ‘most resilient’ cities in 2024
Savills' annual research points to 'an inflection' for global cities in 2024 'as funding environments improve and real estate investment volumes start to recover.'
Housing market activity ‘improves across all key measures’ – Zoopla
The average discount between asking price and agreed purchase price narrowed from 4.5% in November to 3.9% in March 2024.
Savills celebrates success at diversity awards
The agency's Chanelle Gray was recognised with a top accolade at the British Diversity Awards last week.