Format: News
Prime London buyers securing the biggest discounts in Mayfair & St James’s
The average reduction from the original asking price is at nearly 8% in PCL’s most expensive postcodes, according to new analysis
French billionaire reportedly buys Paris mansion for a record €200mn
Hôtel Lambert on Île Saint-Louis in the middle of the Seine has sold for "over €200mn", according to Bloomberg.
PCL property prices still set to rise up to 10% this year, predicts Strutt & Parker
"We expect to see a very competitive market this year," says Guy Robinson, Head of Residential at Strutt & Parker.
90% of buyers hampered by lack of options as stock squeeze hits home
Almost all prime buyers surveyed by Savills reported a dearth of choice in the market
Savills adds two branded residence specialists to its global resi development team
Savills has restructured its global residential development consultancy department, adding two new senior faces to focus on branded residential projects.
Buyer confidence returning in the capital – London Square
The developer has seen a 36% uplift in sales over the last couple of months
Trading Standards mandates new ‘Material Information’ for all property listings
Estate agents must include prices, council tax bands and tenures on property portal listings.
VanHan & Finchatton high-flyer joins Prime Purchase
Lucy Worcester (née Yorke-Long) has joined the Savills-owned buying agency’s Chelsea-based team as a director
Rightmove records biggest ever monthly asking price jump
"People are by no means done with their pandemic-driven moves," says Britain's biggest property portal, which has just recorded record house price inflation.
Ranked: Britain’s next £1,000 psf postcodes
All the UK's "£1k psf" postcodes - where the median property price exceeds £1,000 per square foot - are in London, but raging price inflation in the regions means some enclaves outside the capital are…
Industry charity names new Chair
Lauren Scott is the new Chair of Propertymark's charitable arm, Arbon Trust.
In Pictures: Inside a ‘nautical-inspired’ Kensington super-home asking £22.5m
Victory House has been unveiled to potential buyers with an interior heavy on the brands, and bespoke joinery work carried out by specialist yacht makers.