General Election set for 4th July
Prime Minister Rishi Sunak has confirmed that a UK General Election will be held in six weeks' time.
Property industry reactions: Six weeks until the General Election
Leading property brokers, developers & market-watchers have broadly welcomed news of an imminent General Election.
Majority of housebuilders ‘would like to see Labour win at next election’
Some 70% of residential property developers surveyed by Knight Frank would rather see Keir Starmer in Downing Street than a Tory or Lib Dem leader.
By PrimeResi
Election 2024: Prime property sector sees “cause for optimism” in the prospect of a Labour government
'The likelihood of an incoming Labour government no longer feels like a massive threat to prime property markets in London and the country,' says Middleton Advisors.
By PrimeResi
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
By PrimeResi
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
MFS administrators flag scale of PCL disposals
Care would be required not to 'flood the market', say practitioners, citing 'significant real estate… in particularly valuable parts of central London'.
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Rightmove ramps up tech updates as revenue climbs further
Property portal just delivered its 'highest-ever number of monthly product releases' as it zeroes-in on AI.
By PrimeResi
£16mn townhouse sets new benchmark on Prince Albert Road
8,000 sq ft home overlooking Regent’s Park came with a 'spectacular' private leisure complex.
Knight Frank launches new investor advisory offering as buy-to-let landscape shifts
Agency hosts panel discussion to debut new team, with discussions focusing on landlord caution, regulatory pressure - and where investors are still finding opportunities.
In Pictures: Parisian hospitality brand to launch Miami Design District residences
Fouquet’s to debut branded residences in the US, in a 25-storey Chipperfield-designed tower.
By PrimeResi
California homeowner offers luxury estate in exchange for Anthropic shares
Niche pitch targets AI firm’s equity-rich employees.