HNW buyers are venturing beyond RBKC & Westminster
A flurry of £5m+ deals has put Blackfriars Road on the prime London map, as wealthy buyers look beyond London's traditional luxury postcodes
New-build homes now account for over a third of London’s super-prime property sales
Resilient demand in the face of uncertainty has boosted new developments' £10m+ market share from 18% to 34% in the last two years, reports Knight Frank, as the super-rich prioritise security and hotel-grade …
By PrimeResi
There are ‘bargains for buyers in the capital’s coveted postcodes’ – Coutts
"Some parts of central London are now looking extremely cheap compared to their previous price levels," suggests Coutts Bank, going so far as to advise its HNW clients that there are "bargains for buyers…
By PrimeResi
‘Covid-19 has increased the desire to move home, with more space the key driver’ for prime buyers
The latest Savills buyer survey reveals "a greater urgency in the desire to move home", allowing the top-end estate agency to predict that the current surge in buying activity will continue beyond the…
By PrimeResi
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Savills announces latest raft of promotions
'The fact that we remain number 1 agent in the UK for sales above £500k is, to me, proof that our people development strategy is working', says UK resi boss Andrew Perratt.
Boutique agency expands with double acquisition in west London
Wilfords swoops on firms in South Ken & Notting Hill and eyes further targets in SW London.
Mayfair agency seals another super-prime deal as local market ‘booms’
Luxury Arts and Crafts townhouse on Aldford Street finds a buyer, following sale of £25mn former embassy on nearby Park Street.
Profits plunge at Savills as global property markets ‘normalise’
Global property consultancy reports a sharp contraction in revenue and profits, but Chief Exec Mark Ridley suggests 'most markets appear to be past the moment of peak uncertainty.'
By PrimeResi
New 42-storey tower promises to ‘put Earls Court onto London’s skyline’
The first phase of the long-playing 40-acre West London regeneration project will feature a striking 'sustainable beacon', a 4.5 acre public park, and up to 1,000 new homes.
By PrimeResi
Savills recruits JLL’s Dowling to lead Cheltenham team
Ken Dowling was head of JLL's Kensington office, but has now moved to the Cotswolds.
By PrimeResi
In Pictures: Inside a 10,000 sq ft Notting Hill super-home, asking £21mn
Remodelled 1850s villa has its own wellness centre and space for an art gallery.
Going under offer: How to buy a prime property from a receiver
Recent reports suggest a number of London’s most expensive residences are being sold as part of bankruptcy proceedings, as wealthy homeowners have their assets liquidated to pay down debts.
Government cracks down on long-term empty homes
100% council tax premium will come into force on 1st April.
Five Minutes With: Makoto Fukui of Schroders on delivering a super-prime build-to-rent scheme in PCL
'London is slightly playing catch up to the rest of the world when it comes to luxury BTR,' says fund manager for The Knightsbridge Estate.
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Sales have launched at the Hopkins Architects-designed 100 George Street, which is delivering 41 luxury apartments as part of a major mixed-use development on The Portman Estate.
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Price expectation gap between buyers & sellers risks widening
Rising supply and mortgage rates may increase downwards pressure on asking prices, explains Knight Frank's head of UK resi research.
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Daggers’ DDRE to star in new Netflix show ‘Buying London’
A new reality TV series will follow Daniel Daggers’ DDRE Global team as they 'set out to conquer the super prime high-end real estate market from the prestigious streets of Mayfair to the exclusive enclaves o…
By PrimeResi
Cash buyers insulate Surrey’s top-tier property market
The proportion of buyers using cash across the county's famous private estates & roads jumped from under half in 2021 to nearly two-thirds in 2023, says Savills.
Asking prices jump 1.5% in a month as the property market ‘marches in Spring’
Rightmove reports a continued recovery in home-buying activity, led by the top-end of the market
By PrimeResi