Main image: A luxury rental option is up for grabs on Upper Grosvenor Street in Mayfair at £10k pw (© Dimitrios Sofianopoulos)
Four key factors shaping London’s ultra-prime lettings market
How international policy, tax hikes & supply shifts are driving a bumper year for the capital's top-end lettings sector.
Prime London sales fall by over 30% but other metrics ‘suggest a busy market’
The run of low transaction volumes continued in July, reports LonRes, although under offers and new instructions signal ongoing buyer and seller activity.
Is the Prime London sales market turning a corner?
Latest LonRes data shows strong pick-up in under offer numbers and stabilising values - along with signs of a resurgence at the very top-end
Prime London sales market latest: Quiet December could be followed by a busy Q1
Transactions & values were both down on an annual basis last month, reports LonRes, but full-year numbers & forward-looking indicators are cause for optimism.
Most read
New agency Draper London targets five-office PCL rollout
Founded by ex-Knight Frank and Aston Chase agent Craig Draper, the high-end firm is backed by former Greene & Co MD David Pollock.
In Pictures: $400mn LA mansion becomes world’s most expensive open-market property listing
Agents describe the eight-acre estate as the 'Crown Jewel of Los Angeles'.
In Pictures: Soho House founder’s private Scottish island hits the market with £10mn eco-lodge plans
Inchconnachan has been listed for sale at £3mn as-is, or at £10mn for a turn-key luxury retreat delivered under the 'direction & vision' of hospitality maven Nick Jones.
UK Sotheby’s shrugs off market slowdown as Q1 sales hit £598mn
Top-end brokerage reports 'strong' start to 2026 with £1bn of property under offer, £4.15bn of stock on the market and 3,500 new registered buyers over £2mn.
Knight Frank cuts UK house price forecasts again
The outlook is not rosy for either prime or mainstream markets this year, but the property consultancy senses a 'change in political direction' before 2030.
Nuhu-designed penthouse at Stirling’s Carlton Gardens scheme hits the market
Boutique agency lists 'showstopping' proposition just off the Mall for £13.9mn.
Chestertons & Aston Chase owner buys another London agency
Campions Group confirms second business acquisition in the capital this month.
US buyers drive £16mn of deals at luxury Mayfair scheme
Penthouse at REDD’s 6 Charles Street changes hands amid a flurry of American-led activity.
Mapped: How prices & rents have shifted across London’s top neighbourhoods so far this year
Latest data shows sales values falling across most PCL areas, with sharper drops in some of the most exclusive markets.
Agency lands trio of north London penthouse rental deals
High-end apartments in St John's Wood, Maida Vale and Regent's Park all went for full asking amid strong HNW demand.
LATEST ARTICLES
Landlord exodus ‘overestimated’ says property portal as major rental reforms come into play
Yet data from both OnTheMarket and Savills confirm a clear rise in sales of former rental homes.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
Interview: Knight Frank’s Peter Mayo on the changing role of auctions in the prime market
Agency's auctioneer and partner discusses outdated misconceptions, unusual lots and why more discretionary sellers are turning to the gavel.
‘Luxury assets may be about to turn a corner’ – Knight Frank
The global luxury investment market appears to be stabilising after a 'volatile decade' for art, wine, jewels and the like.
Industry Reactions: Mortgage lending is running above the six-month average
Fresh Bank of England data shows increases in both new approvals and total lending in March, which one pundit says demonstrates 'an underlying resilience to the housing market.'