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...
By PrimeResi
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.
By PrimeResi
‘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…
By PrimeResi
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Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
£23.5mn price tag for SHH-designed Little Venice villa
In Pictures: Grade II listed specimen has been fully reworked and kitted out with a subterranean wellness complex.
Park Lord brings in ex-JLL & Foxtons duo
Sebastian Born and Alexi Earl join Joshua Marks' Mayfair-based brokerage.
Savills shifts £180mn of super-prime new-builds in Q1
Run of deals, including a number above £30mn, 'confirms London’s enduring appeal among UHNWIs', the agency said.
Nobu plots first rural retreat with branded residences in Rutland
Luxury hospitality brand teams up with 185-acre English country estate for hotel, members club and residential concept.
By PrimeResi
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
By Jo Eccles
The London Broker signs high-profile ex-Sotheby’s director
Lee Koffman joins expanding platform after more than 30 years in prime London agency, becoming TLB’s first broker hire since Harding Green deal.
Knightsbridge townhouse with Royal connections & Versailles-inspired interiors seeks £8.25mn
Selling agents say this former sculptors' studio 'has the potential to be one of the finest residences in Knightsbridge.'
By PrimeResi
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