Home-seller profits shrink as gains fall back to pre-pandemic levels
But 91% of sellers in 2024 still sold their homes for more than they paid, with nearly a third making six-figure gains.
UK housing market ‘back to its pre-pandemic size’
Savills estimates the total value of the UK property market contracted by 21% in the year to March, falling back to 2020 levels.
Foreign investment in London property remains well below pre-pandemic levels, despite a surge in dollar-buyers
Dollar-based buyers enjoyed significant currency discounts on homes in London last year, but demand from European and Middle Eastern buyers remains low.
Ranked: Where home-sellers made the biggest profits in 2023
Homeowners who sold-up in 2023 did so for an average of £103k (48%) more than they initially paid for their home, says Hamptons, down from a record high of £113k in 2022.
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Luxury hotel group Maybourne recruits Walsh to lead ‘ambitious’ branded resi drive
Owner of Claridge's, The Berkeley & The Connaught brings in The OWO's former sales chief to lead global branded residential strategy.
Knight Frank cuts house price forecast; PCL set for -4% drop this year
'A combination of high supply & faltering confidence means we now expect slower UK house price growth this year & in 2026,' says research chief Tom Bill - with prime markets set for sharp declines.
Knight Frank boosts PCL lettings team with senior hires
Agency recruits seasoned operators from Hamptons & CBRE for key roles in Chelsea & Knightsbridge.
Deal sealed on rare penthouse overlooking Regent’s Park
Boutique firm tucks away 4,000 sq ft spread at close to its £7.5mn guide as part of £30mn deal run.
London property ‘no longer a safe bet’, warns top wealth manager
'The London property boom is well and truly over,' declares Rathbones
Historic St John’s Wood school building set for luxury resi revival
Swift consent secured for MWA-designed plans to restore former residence & studio of the artist John O’Connor.
Super-prime St John’s Wood mansion finds a buyer
Trophy home on Hamilton Terrace sold 'within a few months' of being listed at £20mn.
‘A market in transition’: Inside London’s evolving luxury resi development scene
New report reveals how policy, branding & global demand are reshaping the next phase of the capital’s ultra-prime development cycle.
Indie estate agency Wilfords branches out in SW London
Boutique firm adds to its growing network with a new base close to Clapham Common.
Jamie Hope: Uncertainty is the only certainty we have
'Buyers are looking at the market through an ultra-cautious lens,' but boutique agency boss still sees positive signs.
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£10mn price cut for trophy Knightsbridge penthouse
Ultra-prime residence at The Knightsbridge has been relaunched at £70mn.
Super-prime Notting Hill development opp seeks £12mn
Buyer sought for standout freehold property with "one of the most ambitious planning consents in the area".
Earls Court regeneration ‘will deliver £3bn a year to the local economy’
New analysis talks up the ambitious & long-playing Delancey-led development project in West London.
‘Business as usual’ says Zoopla owner after sale speculation
Private equity firm has reportedly hired investment bankers to 'examine options' for UK property portal & tech assets.
Real estate investor recruits trio to drive European growth
Maya Capital is looking to expand across the UK, Italy, Germany & France.