Format: News
Ranked: Prime London’s most price-reduced areas
21% of £3m+ sales listings in prime London areas have had their initial asking price reduced; Maida Vale is the most discounted enclave...
Average time to sell a home jumps to 141 days
In 2019, it took an average of 129 days from a listing first appearing on a property portal to the transaction completing. That's jumped to 141 days in 2020.
Yopa names new Managing Director
CFO Freddie Cornes has been promoted to the top job at hybrid estate agency Yopa, which is backed by Savills and DMGT.
‘Property social network’ PropertyHeads buys veteran portal Mouseprice
PropertyHeads has made two acquisitions in the last few weeks, as it looks to "consolidate consumers, agents and property businesses onto a single social platform."
Countrywide rejects Connells’ £82m takeover bid
Massive estate agency group takeover "unanimously rejected" by Countrywide, as another private equity deal is proposed.
Only one in five people expect UK house prices to fall next year
A recent survey has also found that British buyers are more likely to put forward a lower offer than asking price compared to their European counterparts.
Chelsea chapel conversion delivers another super-home
Thorp Interior Design has reworked the former Chapel of the College of St Mark on Fulham Road into two huge private residences with leisure and entertaining facilities galore - both of which are now…
Propertymark boss delays retirement
Mark Hayward will stay on at NAEA Propertymark next year, becoming Chief Policy Advisor instead of retiring as planned.
London Square unveils ‘hidden gem’ at landmark Richmond scheme
Developer manages to create another apartment at The Star and Garter, turning an empty void next to the cinema into 'London's smartest new studio'.
US buyer swoops on Devon’s magnificent Mamhead House
Sale agreed on renowned Gothic-style mansion amid ‘busiest prime country market in 20 years’.
Infography: A deep dive into Prime Central London’s pandemic property market
Savills' Lucian Cook and Frances Clacy examine transaction activity, prices, buyer demand and international activity in London’s prime central property markets...
Supply dries up in London’s super-prime lettings market
Following a flurry of activity in Q3, the number of new £5,000-plus per week listings is at its lowest level since Q1 2017.