House prices are rising at five times the rate of flat prices
Zoopla's research chief Grainne Gilmore expects property price inflation to continue to accelerate in the coming months, "peaking at around 6%, before falling back to between 4%-5% by the end of 2021."
Average house prices nudged up by 0.3% in May – UK HPI
The average UK house price increased by 2.9% over the year to May 2020, up from 2.7% in April, according to the latest official UK HPI update.
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World cities see prime property prices rise at fastest rate since 2016
"The prime residential sector is likely to remain strong through the rest of the year," says Savills in its latest World Cities Index.
By PrimeResi
How did past recessions affect UK house prices? Comparing downturns, 1960-2020
"The ‘once in a lifetime’ re-evaluation of housing requirements on the back of the lockdown will be a counterweight to the impact of the recession on housing market activity over the rest of 2020," sug…
By PrimeResi
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Buying London ‘axed’ after one season
Netflix show starring Daniel Daggers has reportedly been cancelled.
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Former Knight Franker Hobbs relaunches land & development consultancy
Halifield Land temporarily closed after director Jason Hobbs fell ill; the firm and its founder are now back in action, seeking development site in London and the South East.
By PrimeResi
Pre-Budget speculation spooks Prime London sales market
Fears over looming tax changes are already having repercussions in the capital's top neighbourhoods, as high-end sales slump & appraisals soar.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
Financial Times: How Knight Frank is trying to shed its fusty image
Knight Frank's Chair William Beardmore-Gray discusses diversity, growing pains & the 'complicated game' with the FT.
By PrimeResi
HBA Residential installs super-prime specialist as creative director
Katie Earl takes creative helm at luxury resi arm of hospitality design giant Hirsch Bedner Associates.
Wealth on the Move: Europe’s top relocation destinations for HNWIs
Knight Frank takes a deep dive into what's driving prime housing demand among wealthy expats in Europe, delving into property trends, lifestyle, tax and policy shifts.
By PrimeResi
Former Hamptons director acquires ‘design-led’ estate agency Aucoot
Boutique firm unveils new-look senior team & sets sights on expansion within & beyond London.
Voluntary ‘mansion tax’ could be coming to Surrey
Local council looks to rally support for a 'bold' idea pioneered in Prime Central London.
Young professionals are ‘flocking’ to the West Country, says buying agency
An influx of new permanent residents since the pandemic 'has changed the dynamic for many towns in Cornwall', says Black Brick.
By PrimeResi
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