Format: News

HNWIs are queuing up to buy top-spec luxury homes in the capital, reports firm.

Property firm issues an upbeat set of property price forecasts, anticipating 3.5% growth in London and 5% growth across the UK by the end of 2025.

Hotly-contested championship will return on 14th June to bring the industry together and raise money for a worthwhile cause.

106-unit wellness-themed project outsold the competition in the final quarter of 2023.

'Downward pressure on prices is diminishing,' says the RICS, as surveyors suggest property values will 'remain largely flat' through 2024.

BNP Paribas Group's London property division has moved in with its financial services sister companies, as it pursues a 'collaborative client approach'.

'It’s fair to say that as planned, we are ahead of the curve,' says estate agency boss Guy Gittins as the market turns upwards.

Some £5.7bn-worth of luxury homes changed hands in London through 2023, reports Savills, despite a marked slowdown from the pandemic-era property boom.

The latest UK House Price Index tells of 'a frosty end to the year', says Jackson-Stops, while buying agency Garrington says November 'was the moment the slowdown turned into a slide'.

'France is a hugely popular location for international buyers and I look forward to driving more business to our teams across the country,' says Alice Storrie.

'The true measure of a society can be found, not just in how it treats its most vulnerable, but in what it asks of its wealthiest members,' say Patriotic Millionaires Marlene Engelhorn and Stefanie Bremer.

It has not been a busy start to the year for most of prime London's property market...