Inner London rental searches double as tenants look to return to city life
There's "a growing trend of people wanting to move back to urban hubs," says Rightmove, as the portal reports "a significant shift in search behaviour", with more tenants looking to rent in London Zones 1 and 2.
PCL transactions ‘will double in 2021’ predicts top London agency
Dexters plans to open six new estate agency branches in London this year, as it forecasts strong growth in both prime sales and lettings markets.
Students outbid corporate tenants as China drives Mayfair rental ‘boom’
Top-end rental properties in Mayfair are going for as much as a third above the asking price, reports Wetherell, as Chinese students and socialites boost demand.
City centre rents suffer as tenants look to suburbs
"The pandemic has led to falling asking rents and a flood of properties coming into the market in a number of the UK’s biggest city centres," says Rightmove.
Most read
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.
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
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
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.
American super-agency Douglas Elliman expands into Europe
Philippe Curutchet, Fredrik Lilloe & Edward de Mallet Morgan are leading the luxury brokerage's French debut.
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.