Format: News
£5m+ sales hit a seven-year high in PCL
142 property sales above £5 million were recorded in Prime Central London in the first four months of this year, reports Savills, with a combined value of £1.42 billion.
Former Beauchamp duo launch new luxury estate agency
Richard Douglas and Alex Bourne have assembled a ‘full roster’ of HNW clients, including Saudi royalty, and an array of super-prime instructions.
Cornish ex-council house transformed into £7k per week holiday rental
Formerly derelict house in St Ives was ‘an opportunity too good to miss’, says owner.
Danish firm makes a splash with Farrow & Ball acquisition
Copenhagen-based Hempel Group has reportedly bought the Dorset paint brand off Ares for £500m.
‘There is more than enough room in this marketplace for a new agency model’: Trio of high-end London agents launch new venture
Aston Chase alumni Ben Sloane and Richard Bryce have joined forces with Primrose Hill specialist Jonathan Brandling-Harris to target the North West and Central London market.
London’s new-build market had a tough Q1
Fewer new homes sold in London during the first three months of 2021 than in any quarter since 2012, while construction starts hit a ten-year low.
Housebuilder sues for £6m over tax advice
London property developer Mount Anvil is reportedly suing KPMG after receiving an unexpectedly large tax bill.
Queen’s Speech flags planning reform & the Building Safety Bill
In her annual speech to mark the opening of Parliament, the Queen outlined 30 bills that will set the agenda for Boris Johnson's Government in the coming year.
Off-market deals hit a 14-year high
Over 37,000 properties changed hands off-market in the first three months of 2021, according to new data.
Edinburgh is ‘very much a sellers’ market’ as house price inflation rises to 6.8%
Average property prices in the Scottish capital increased by 2.2% in the first three months of this year, driven by high demand and tight supply.
Mortgage choices blossom
There's been a spurt of new mortgage products in the last month, with deals requiring a small deposit seeing the biggest increase.
Prime London sales dipped in April, but are set to bounce back sharply
“The dip in sales in April is temporary,” says Knight Frank, as the number of offers accepted in Prime London spikes.