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; it's the first rise since the estate agency started counting…
By PrimeResi
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Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
Luxury developer updates on progress as landmark project moves to advanced phase of construction.
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
By PrimeResi
Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
Deal sealed on ‘exquisite’ £27.5mn Clarges Mayfair apartment
Knight Frank secures sale of extra-special dual-aspect unit in 'iconic' super-prime scheme opposite Green Park.
Australian luxury property big-hitters team up with former Knight Frank partner for new private office venture
Based in the Asia Pacific and the Middle East regions, Origin Private Office has already transacted on over US$100mn worth of prime property, and is advising on a branded resi development project.
By PrimeResi
Luxury agency adds new sales director in Knightsbridge
Anna Isajenkowa has joined United Kingdom Sotheby’s International Realty from Savills.
Investor swoops on South Ken apartment block
London is offering 'great value' right now, says firm.
Irene Luke joins Savills Private Office
Co-head of Savills Monaco has expanded her role & is now part of the agency's elite global network of HNW specialists
Savills creates London-based Caribbean desk
Tom Vickery is leading the latest addition to the firm's global residential department.
By PrimeResi
Matthew Robertson of Valouran on luxury property development & sustainability
Earth Day 2024: 'Sustainability is more than just reducing environmental impact; it’s making fundamental changes to the ways in which we interact with our surroundings'
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Top-end estate agency blurs the lines between art & luxury property
United Kingdom Sotheby's International Realty has already seen some 'successful cross-pollination' since setting up a desk in one of the world's most famous auction houses.
Interior designers Fiona Blanchot & Sophie Ashby of Studio Ashby: 10 things we’ve learnt over 10 years
'Good business is a cocktail of hard work, luck and being tuned into your instincts'
PCL property markets are ‘stabilising’, reports JLL
'There are encouraging trends across the sales and lettings activity' in Prime Central London, says research chief Marcus Dixon.
By PrimeResi
Lloyds ups house price forecasts
Mortgage lender expects the Bank of England to cut interest rates three times by the end of this year.
By PrimeResi
Broker platform announces second ‘brand collaboration’ in north London
Seasoned NW London agent Malcolm Ornstein joins former Parkheath director on Vita's roster.