Knight Frank posts record profit amid ‘extraordinary’ year
Group’s latest set of annual results show a 23% boost in pre-tax profit, but turnover slipping by 7%; UK resi division outperforms, with highlights including the sale of a £55m townhouse at Chelsea Barracks.
Knight Frank star Dawes launches boutique agency
Harry Dawes has been running Knight Frank’s flagship resi office on Sloane Avenue for the last four years, and brokered some of London’s largest property deals.
Interview: Knight Frank’s Tim Hyatt on team morale, market resilience & the future of estate agency
On April 1st 2020, when the UK had been in lockdown for exactly nine days, Tim Hyatt took over the management of Knight Frank’s UK residential business and joined the group executive board.
Knight Frank trumpets record results in regional hubs; plots big expansion for the regional Resi Development business
“Regional property and development is going to drive the UK’s post-Covid-19 recovery over the coming years," says Knight Frank, as the firm reveals plans to grow its regional Residential Development…
By PrimeResi
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Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Talking Heads: Prime property industry reactions to the Budget 2025
A Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but our pundits are less sanguine about changes to landlords' income…
By PrimeResi
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
By PrimeResi
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
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