Format: News
Prime buyer demand ‘creeps up’ in London
Almost one in five Rightmove listings priced between £2mn and £10mn had found a buyer in Q2.
‘A Dickensian legal process’: Why property deals take so long to complete
Propertymark data shows that, in March 2016, 78% of transactions progressed from offer acceptance to exchange of contracts within 12 weeks; in March 2024, the figure had slumped to just 29%.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
In Pictures: £17.95mn price tag for ‘exceptional’ St George’s Hill mansion
16,000 sq ft residence on the exclusive private estate offers a 'truly unparalleled domestic experience'
Prime rental market ‘falls back to pre-pandemic patterns’
Rents are still rising in London and the regions, but Savills warns of 'misalignment' between tenant and landlord expectations.
RICS heralds ‘post-election bounce’ for housing market
Surveyors 'have confidence in the newly elected Labour government,' concludes the Royal Institute as housing market optimism builds.
Hamptons recruits Marsh & Parsons’ Lettings Director
Graeme Young is now in charge of lettings across 14 Hamptons branches in the South and Southeast for England.
30% jump in Suspicious Activity reported by estate agents
'While SARs submissions from estate agents have grown, so have the risks posed by fraud and money laundering, warns Thirdfort.'
London law firm boosts real estate team
Naziana Mehdy has joined Fitzrovia-based Spector Constant & Williams as a partner.
CapitalRise taps into ‘high demand’ for bridging loans in PCL
Firm secures new £30mn funding line as appetite for short-term finance grows.
Super-prime Bayswater deal sealed on election night
International buyer secured £12.5mn apartment overlooking Hyde Park while votes were still being counted.
Property sales up 19% at Winkworth
But politics and high finance costs have 'weighed' on demand for high-end properties, says Winkworth.