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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In Pictures: Inside the luxury resi reworking of a St John’s Wood landmark
The historic former chapel-turned-studio where Queen filmed Radio Ga Ga is being transformed into five turnkey homes.
In Pictures: Ransome’s Wharf launches with a ‘refined Chelsea-meets-Battersea aesthetic’
London Square's design team for the 118-home development includes Echlin, Fourfoursixsix, and 5PA Architects.
Home Counties estate agency recruits trio of well-known names
Phillip Armstrong, Marcus Gondolo-Gordon & Chris Humphrey have all joined house.Partnership.
PCL council warns cyber attack fallout is ‘ongoing and will take several months’
A cyber incident 'with criminal intent' has been causing havoc in Prime Central London since November, causing significant delays to planning decisions across Westminster and Kensington & Chelsea.
In Pictures: Super-prime townhouse hits the market on Chelsea Park Gardens
5,000+ sq ft Lutyens-inspired property, just listed at £12.75mn, has been extended with a dramatic basement.
One Hyde Park residents win £35mn in building defects case
One Hyde Park Limited has declared a 'decisive victory' as construction firm found liable for remedial works.
Behind closed doors: Saul Empson on the strange business of super-prime deal-making
In a new series for PrimeResi, seasoned buying agent Saul Empson reveals the absurdities and dramas that unfold behind the scenes of high-end property sales, from Notting Hill townhouses to country estates...
Jo Eccles: Five emerging themes shaping the Prime Central London market in 2026
Buying activity started early this year, with turnkey homes still commanding significant premiums and low-credibility bids falling flat, reports top acquisition specialist.
Ground rents to be capped at £250 as leasehold reform gathers pace
Government publishes draft Commonhold & Leasehold Reform Bill, continuing a march to reform the 'feudal' leasehold regime.
Branded residential advisory scales up as demand accelerates
Riyan Itani's Global Branded Residences has added senior hires from Savills and Accor.
LATEST ARTICLES
One Hyde Park residents win £35mn in building defects case
One Hyde Park Limited has declared a 'decisive victory' as construction firm found liable for remedial works.
Property brokerage signs up seasoned PCL specialist
Veteran agent Robert Lewis has joined Harding Green following stints at John D Wood, JLL and Aylesford.
US interiors firm debuts in UK with Battersea showhomes
'This collaboration isn’t just about interiors,' says property developer Marie-Julie Gheysens; 'it’s about narrative, artistry and the enduring power of female creativity.'
‘There are signs that price falls are bottoming out’: Two major agencies update Prime Central London forecasts
Cluttons and Strutt & Parker both believe the era of PCL price declines is ending.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing, featuring data, forecasts and analysis from Savills, Cluttons, Nationwide, Strutt & Parker, Foxtons, Enness Global, Foxtons, Zoopla & more...