Landlords calling the shots in Prime London as stock levels slide
Rents and gross yields rise as competition ramps up amongst prospective tenants
What to read next
Volumes slide further in Prime London’s lettings market as tenants stay for longer
New lets were down by 14% across the prime postcodes in the first three months of the years, reports LonRes, but tenants are choosing to remain in their current properties rather than exiting the market...
By PrimeResi
Knight Frank forecasts ‘steady growth’ – with prime & London markets under-performing
Property price inflation across the UK is expected to reach 14.2% cumulatively between 2018 and 2022; prime regional markets are predicted to grow by 9.9%, with London in for a 13.1% rise.
By PrimeResi
Prime London’s lettings market is on the turn
Savills is forecasting rents will rise by nearly 11% over the next five years, having bottomed out in mid-2019...
By PrimeResi
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Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
By PrimeResi
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
By PrimeResi
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
By Lucian Cook
Major agency reports ‘more uneven’ trading as uncertainty weighs on confidence
Winkworth says H1 sales remained resilient while lettings were largely unaffected by the Renters' Rights Act.
By PrimeResi
Rare St George’s Hill plot goes for record sum
Agents seal off-market deal for unconsented site after three-year pursuit.
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