Format: News
‘Committed’ buyers drive prime sales surge in St John’s Wood
Exchanges have been running 40% higher than the five-year average in the leafy NW London neighbourhood, reports agency.
UAE developer to roll out 800 Nikki Beach-branded residences
Aldar has teamed up with the 25-year-old hospitality group to deliver top-end residences on Ras Al Khaimah’s Al Marjan Island.
‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'
Developer picks up £30mn coastal site in Kent with plans for 24 new homes
Elivia Homes has acquired a development site next to the North Foreland Golf Course in Broadstairs.
eXp expands ‘Luxury’ broker programme into the UK market
Global brokerage's rapidly-expanding programme for 'elite' property agents promises to 'set a new benchmark for excellence in luxury real estate.'
Average asking prices to drop 1% in 2024, predicts Rightmove
The property market displayed 'much-better-than-predicted resilience this year,' says Tim Bannister, despite a bigger than usual December dip for new asking prices.
Mortgage lending to fall in 2024, predicts UK Finance
'We expect lending to remain weak in 2024, with a gradual improvement in affordability reflected in a modest increase in activity levels in 2025,' says banking industry trade body.
Inner London rents have jumped 13.2% in the last year
Tenants across Great Britain paid a record £85.6bn in rent in 2023, says Hamptons - equivalent to the total value of all homes sold in London last year.
Savills bolsters Westminster sales team as deals continue to flow
The agency has tucked away a string of notable properties recently, including a standout townhouse near Buckingham Palace, which sparked a bidding war.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Reuters, Rightmove, Knight Frank, Beauchamp Estates, Hamptons & more...
Berkeley Group reports ‘strong performance’ despite slump in reservations
Housebuilder's net reservations were a third lower in its latest financial half-year than the corresponding period in 2022 - "reflecting the sharp increase in interest rates and the ongoing elevated political…
In Pictures: Historic Cotswold Manor House offered for £16,950 per month
Stanley Park has been renovated into an extraordinary and rare rental home.