Format: News
Vatican jails Cardinal over super-prime Chelsea building scandal
Deals involving 60 Sloane Avenue resulted in huge financial losses for the Holy See.
Carter Jonas recruits new head of sales in York
David Beattie has joined the firm as partner from sales and lettings firm Linley and Simpson.
Rental growth finally slows in prime London’s lettings market
November's annual rate of 6.9% was the lowest seen since September 2021, reports LonRes.
CBRE upgrades UK house price forecast
UK resi values are likely to 'fall marginally' in 2024, says property consultancy.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Global housing markets show ‘surprising resilience’ in the face of higher rates
'The resilience of global house prices is surprising in light of rising costs for mortgage borrowers,' says Knight Frank - although resi transaction numbers have tumbled by 15% to 25% in many developed…
Strutt & Parker recruits former buying agent to bolster Edinburgh team
Edwina de Klee previously worked at law firm Anderson Strathern, buying agency Garrington Property Finders, and London estate agency Douglas & Gordon.
Positive signs emerging in Prime London as economy stabilises – LonRes
The sales data still shows a relatively subdued picture, but central London agents are reporting busy conditions across the prime postcodes.
O’Brien to helm new Family Office division at UK Sotheby’s International Realty
Luxury agency's latest offering will 'specifically cater to the unique needs of existing UHNW clients globally'.
Industry Reactions: BoE holds interest rates at 5.25%
'The Bank of England’s decision to hold Bank base rate at 5.25% is likely to bring more confidence to the UK housing market,' says Savills.
Estate agency numbers rise despite cooling property market
The number of estate agents operating across the UK has increased by 1.9% in the last year, despite a decline in transaction numbers.
Housing market outlook improves, but surveyors remain ‘cautious’
Sentiment in the property market is becoming 'a little less negative', says the RICS.