Half of homes sold in July had their asking price reduced
Higher mortgage rates "have acted as a wake-up call to sellers who had been on the market for some time, prompting a record share to cut their asking price," says Hamptons.
Southern England ‘bears brunt of house price falls’ as buyer demand drops – Zoopla
Zoopla expects average UK property prices to be 5% lower by the end of the year - but that would still be 15% higher than pre-pandemic levels.
Lloyds reins-in house price slump expectations
Lloyds Banking Group now expects average UK house prices to end 2023 5.6% lower than they started the year, with a 'best case scenario' of -3.3% and a 'severe downside scenario' of -9.3%.
Industry Reactions: UK HPI shows no change for the average house price in May
The annual rate of property price growth slowed from +3.2% in April to +1.9% in May, according to the UK's official House Price Index.
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Cluttons boosts Chelsea team as London resi drive continues
Heritage property agency brings in experienced operators from Berkshire Hathaway & Savills to run its high-profile base in SW3.
Domus Nova expands with global tie-up & new PCL office
'Design-led' boutique estate agency partners with Paris-based Barnes International & launches new branch in South Kensington.
Luxury brokerage brings in Savills duo to boost SW London coverage
UK Sotheby’s International Realty recently announced a 'strategic expansion' into the region, targeting key markets including Fulham, Clapham, Wandsworth, Putney, Barnes, Wimbledon & Richmond.
DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Ex-Foxtons trio joins Berkshire Hathaway HomeServices in London
Stella Krizanec, Camilla Goodfellow & Sami Ounzar have all made the move to Martin Bikhit's top-end estate agency.
Native Land launches sales at landmark South Bank scheme
New Pictures: The 50-storey, 249-unit Opus will become Prime Central London's tallest residential tower, and neighbour a forthcoming five-star Mandarin Oriental hotel.
Savills boss Ridley to step down this year
Property Plc confirms succession plans as long-standing Group Chief Exec announces retirement.
Knight Frank appoints new sales head in Queen’s Park
Dylan Brooks has been leading the agency's core sales teams in Belsize Park & Hampstead since 2022.
‘We’ve basically built the Uber of real estate’: New property portal launches in UK & US
Anyone.com is pitched as an 'all in one platform' to buy & sell properties.
‘The epitome of modern living’: Farrell’s Drum House hits the market at £9mn
Postmodern 'masterpiece' in Richmond was designed by one of Britain's most celebrated architects.
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Prime global cities index: Price growth holds steady as outlook becomes more uncertain
Asia-Pacific & the Middle East continue to lead the recovery, reports Knight Frank, but it's a mixed picture across Europe's key luxury markets.
Revealed: What does the ‘average mansion’ cost around Britain?
'Size doesn’t always matter,' says Savills, as the research team delves into what makes a mansion a mansion in different parts of the country.
DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Savills reworks resi leadership team in Edinburgh
John Forsyth steps up to lead the estate agency's residential sales operation in the Scottish capital.