Landlords’ average capital gain sinks again
Landlords who sold a property in 2019 typically owned it for 9.1 years and sold it for £78,100 more than they paid for it. That's 3% less than the average uplift for those selling in 2018 - but still equates to a gross gain of 42% on their initial investment.
Latest mortgage data shows a resurgence of buy-to-let activity
The number of home-mover, remortgage and buy-to-let lending picked up in December, reports UK Finance.
By PrimeResi
Residential property is attracting ‘more sophisticated investors’, says buying agency
"Activity in the residential investment sector is once again picking up", says buying agency Garrington, although the firm reports "a different profile" of buyer in the sector.
By PrimeResi
Proportion of overseas landlords rises for the first time since 2010
The weak Pound has boosted the proportion of British homes let by overseas landlords, from 7% last year to 11% this year, according to Hamptons;
By PrimeResi
Most read
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
Interview: Charlie Gibson & Tas Basran of OB Private on scaling up, the brokerage shift & breaking down corporate barriers
New leadership structure, a fast-growing brokerage arm and deals flowing: inside the Mayfair-based property firm’s next phase.
Knight Frank names new UK Managing Partner
The property consultancy's Head of Commercial will step up to lead the UK business when Stephen Clifton retires next year.
By PrimeResi
PCL schemes under close watch as questions mount over high-profile contractor
The future delivery of several luxury developments is under scrutiny.
Buyer lands luxury Finchatton project in Hampshire
Top-end developer behind some of PCL's best-known schemes chalks up another country house success.
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
By Yasmin Ulhaq
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
By PrimeResi
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
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More ‘legacy’ properties set to change hands in London this year, says top dealmaker
UK Sotheby's private office chief expects market confidence to build, with continued competition for the capital's best homes.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Gap between flat & house prices ‘has never been wider’
Zoopla says leasehold flats 'present an opportunity' for buyers 'who are prepared to do their homework' as reforms hove into view.
By PrimeResi
My Property Career: Quickfire Q&A with David Ronson
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Home-buyer choice reaches decade high as new listings accumulate
Supply is high and rising, but 8% fewer sales were agreed in May this year compared to last.
By PrimeResi