High-end bargain hunters push PCL price growth into positive territory
"Compelling" price reductions are driving deal numbers at the upper end of the PCL market, reports LCP, effectively skewing the average value...
Knight Frank predicts positive price growth for prime markets in 2019, but mainstream house prices are set to fall
Mainstream UK house prices are likely to be 10.3% higher by the end of 2023, says KF, while Prime Central London is set to slightly outperform, rising by 13.7%
High-end deal surge in Prime Central London as buyers jump the gun
£5m-plus sales soared by 78% in the final quarter as wealthy purchasers chose not to wait for the result of the General Election, reports LonRes
Market Snapshot: Jersey’s HNW appeal channels prime price growth
HNWI influx drives an 84% jump in £1m+ residential property transactions
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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.
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.
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.
‘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.
Knight Frank notches up £173mn of prime country sales in Q1
Correctly priced homes are still attracting competitive interest despite an uncertain backdrop, says agency.
A buying agent’s view: On holding positions, spring optimism & a market in search of stability
Jamie Freeman discusses fragile confidence, lifestyle-led demand and why off-market deals are on the rise.
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.
Savills appoints two new heads of lettings in south west London
Aaliyah Joumana & Morgan Frewin will lead departments in Bishops Park & Richmond respectively.
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.
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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.
Revealed: How much the new ‘mansion tax’ will cost before implementation
The incoming High Value Council Tax Surcharge is likely to cost 'almost £400mn before a penny is collected' - then generate around £1.4bn for the national coffers in its first three years of operation.
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.
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.'