Is this the sign that the London market is bottoming out?
LCP has just recorded the smallest annual decline in transaction levels across Prime Central London since 2014; 'an increase in activity normally presages price growth', says the firm, but investors 'may hold back again' with the prospect of a no-deal Brexit looming...
London’s super-prime buyers viewing ‘everything’ on market before transacting
Average number of viewings before exchange in the £10m+ range hit 41 in first nine months of 2017, up from 30 in 2016...
Market Snapshot: Prime London’s post-lockdown recovery
Property market activity in PCL is rebounding more slowly than in outer areas, reports Knight Frank, and average rents continue to fall.
‘It is far too early to predict any form of bounce in the London market’ – Garrington
"Whilst the property market has been buffeted over recent months, there is growing evidence to suggest conditions are normalising," says national buying agency Garrington in its latest market review, which…
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High-end brokerage adds trio of PCL specialists
United Kingdom Sotheby’s International Realty bolsters London sales team with more senior hires.
Chestertons appoints new Mayfair Sales Director
Elliot Fensom has been given a flagship Prime Central London role after a spell as the estate agency's 'Roaming Sales Manager'.
Luxury housebuilder seeks financial support after ‘challenging year’
45-year-old firm specialises in delivering high-end family homes in London and the Home Counties.
Knight Frank trims house price forecasts for 2025
But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
Expert Views: Property industry insiders on the government’s latest leasehold reform plans
Lawyers & leasehold specialists weigh-in on a big update on leasehold reform - including that the 'two-year rule' for leasehold extensions ends in January
London Square signals high-end ambitions with debut PCL scheme
Aldar-owned property developer prepares to launch 'flagship' Westminster Tower project as part of new focus on luxury resi.
Contractor signed for super-prime St John’s Wood Barracks scheme
Multiplex is aiming to complete shell & core works at Sir George Iacobescu's St John’s Wood Square development by the end of 2026.
Beauchamp recruits St John’s Wood lettings manager from Savills
Ziad Hijazi is now handling prime & super-prime rentals in north London for Gary Hersham's boutique estate agency.
£8mn penthouse sold in Covent Garden’s biggest deal of the year
3,000 sq ft duplex came with two private terraces overlooking the famous Piazza.
LATEST ARTICLES
John D Wood names new Notting Hill sales boss
Julian Kroll joins from Dexters to take the reins at flagship west London branch.
‘We’re not just selling properties’: Super-agent Trevor Kearney on disrupting the luxury homes market
'The super-prime real estate market has been slow to evolve, often failing to meet the expectations of today's ultra-high-net-worth individuals', says top-end dealmaker-turned-brokerage boss.
In Pictures: £44mn Chelsea Barracks penthouse comes with ‘one of the most significant terraces in central London’
Studio Atkinson designs the first penthouse to publicly launch at the super-prime scheme in London's Belgravia district.
Anti-corruption group red-flags £6bn of UK property deals since 2016
Research suggests nearly 500 purchases involving suspicious funds were made via companies registered in the British Overseas Territories.
Privacy & The Law: On a prime London enclave’s war with film tourists
Tensions have been flaring between residents & tourists in Primrose Hill recently, as fans of the movie franchise Paddington flock to the pastel-hued home of the fictional Brown family - leading some owners…