Home sellers ‘lower their price expectations’ to attract buyers
Rightmove reports an unusual June dip in average asking prices.
Two-thirds of buyers offer under asking price, but only 4% of homes sell at a discount
'Buyers could be negotiating harder, although not all sellers are willing to budge,' says Barclays Bank.
Home-buyers ‘are increasingly turning to auctions as a way of securing a property’
Savills flags a notable rise in property auction interest & activity, suggesting the pandemic-driven shift to online sales has improved accessibility & 'levelled the playing field'.
London’s HNW exodus gathers pace as international home-buyers look elsewhere
UK estate agency Hamptons has seen interest from international buyers fall to the lowest level on record, while Henley & Partners reports a tripling of enquiries from wealthy Brits looking to relocate…
Most read
Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
Super-prime property firm expands with new lettings division
New offering from The Private Office: Real Estate will be targeting the top-end of the rental market in Surrey and the South East.
Cadogan portfolio value hits £5.7bn as Chelsea blooms
Great Estate reports 16.6% boost in operating profit and 11.8% jump in total income as investments & placemaking initiatives pay off.
Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
UK proptech boss named ‘future leader’ in US real estate list
ADVSR co-founder Elliot Jones recognised by Inman as London-based global marketing platform passes $15bn in listings.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
400 agents join new members-only prime property network
Former Black Brick partner's venture has attracted key London players since launching last year.
Knight Frank relocates flagship Mayfair office
New location on South Audley Street places team ‘at the centre of one of the most significant prime and super-prime markets in London’, says high-profile agency.
UK non-dom tax shake-up built on flimsy foundations, report warns
Policy amendments are urgently needed to avoid a 'significant black hole' in the public finances, says former Treasury economist.
Veteran agency boss shares 11-step formula for closing a mega-deal
Glentree's Trevor Abrahmsohn says his 'tried & tested' technique has helped bring home multiple transactions ranging up to £100mn.
LATEST ARTICLES
£15mn price tag for turnkey Mayfair townhouse with Omani royal provenance
Former private family office HQ on Chesterfield Hill has been transformed into one of the finest homes in the area, say agents.
Deal sealed on landmark Georgian mansion in West London
The Grade I listed Walpole House on Chiswick Mall was asking £12mn and sparked competitive bidding.
Tom Bill on unintended consequences, mortgage positivity & market momentum
Knight Frank's UK resi research boss decodes the signals from the latest economic and housing intel following a jittery spring market.
Home sellers ‘lower their price expectations’ to attract buyers
Rightmove reports an unusual June dip in average asking prices.
In Pictures: ‘One of the grandest townhouses in Marylebone’ seeks £18.5mn
Happenings at Harley House are believed to have directly inspired a Charles Dickens novel.