How prime & super-prime markets are faring in London & the country
Charlie Wells & Ollie Marshall give us the lowdown on how things are shaping up in and out of town in 2023, and explain the different forces at work in each market...
Charlie Wells is managing director of Savills UK buying arm Prime Purchase. He advises private clients and investors on the purchase of prime country houses, farms and estates; Ollie Marshall is Director, London Residential, at Prime Purchase.
Prime city markets ‘more resilient’ than country houses, says Savills
Prime property prices are falling across the UK, reports Savills, with more rural markets seeing the biggest declines.
By PrimeResi
Super-size super-prime: Why billionaires are scaling-up in London
While deal volumes may not be matching up to last year's bumper totals, the average size and value of homes being bought above £15mn has rocketed in 2023 - here's why...
Jess Simpson: Super-prime country & estates market still going strong
'The best houses will sell under the radar and probably in competition, but with two buyers rather than five': A top buying agent's view of what's happening beyond London.
By Jess Simpson
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
By PrimeResi
Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.
By PrimeResi
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
By PrimeResi
Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.
Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.
By Lucian Cook
London letting agency under fire over Chancellor’s rental mis-step
Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.
By PrimeResi
Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.
Knight Frank concludes South of France partnership
Agency points to ‘evolving strategic priorities’ as it announces another change to its French network.
Industry Reactions: Renters’ Rights Bill gains Royal Assent
New laws represent 'seismic' changes for landlords, tenants & letting agents.
By PrimeResi
LATEST ARTICLES
In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.
La dolce vita gets dearer: Italy doubles flat tax for wealthy new residents
As PM Meloni ramps up the annual levy for UHNWIs to help raise revenue, Knight Frank's Kate Everett-Allen explains the background to the changes & the implications for Italy’s luxury real estate market.
Industry Reactions: UK property transactions tick up
Housing market described as ‘remarkably resilient’ & 'broadly stable' as HMRC reports increase in September sales.
Development land market ‘under pressure’ as investors take pause
Sentiment in the UK's residential development land market remains positive, says Savills, but things are slow-moving.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.