Larger homes are taking ‘considerably longer’ to sell
'One of the early underlying trends of 2023 and a direct effect of higher mortgage rates has been strengthening demand for smaller homes,' says Hamptons, as the housing market slows down.
PCL sales tumble by a fifth – but ‘taking a longer-term view shows a different picture’
JLL's Prime Central London index for Q1 2023 tells of a 4.3% annual decline in achieved sold prices, and a 5.5% increase in achieved rents.
Londoners buy a record number of homes outside the capital
London leavers bought 85% more homes outside the capital in the first half of this year than in H1 2019.
Property sellers show ‘increased pricing confidence’ as the property market continues to defy expectations
But there are 'some signs of over-optimism' amongst vendors at the top end of the property market, warns Rightmove.
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Former Knight Franker Hobbs relaunches land & development consultancy
Halifield Land temporarily closed after director Jason Hobbs fell ill; the firm and its founder are now back in action, seeking development site in London and the South East.
Pre-Budget speculation spooks Prime London sales market
Fears over looming tax changes are already having repercussions in the capital's top neighbourhoods, as high-end sales slump & appraisals soar.
Deal sealed on ‘one of the most important private estates in Jersey’
Neo-classical inspired mansion, said to rank among the finest private residences created in Britain in recent years, was guided at £32mn.
Financial Times: How Knight Frank is trying to shed its fusty image
Knight Frank's Chair William Beardmore-Gray discusses diversity, growing pains & the 'complicated game' with the FT.
HBA Residential installs super-prime specialist as creative director
Katie Earl takes creative helm at luxury resi arm of hospitality design giant Hirsch Bedner Associates.
Former Hamptons director acquires ‘design-led’ estate agency Aucoot
Boutique firm unveils new-look senior team & sets sights on expansion within & beyond London.
Voluntary ‘mansion tax’ could be coming to Surrey
Local council looks to rally support for a 'bold' idea pioneered in Prime Central London.
Young professionals are ‘flocking’ to the West Country, says buying agency
An influx of new permanent residents since the pandemic 'has changed the dynamic for many towns in Cornwall', says Black Brick.
In Pictures: LA London’s Summer Party
Architecture & interiors practice assembled the great & good of London's design world to celebrate the season - and the company's recent rebrand.
Impact of UK’s non-dom tax reforms ‘highly uncertain’
New analysis envisages population of super-rich non-doms plummeting by a third in most severe case, potentially losing the Treasury up to £900mn a year.
LATEST ARTICLES
Revealed: Changing locations of new-build sales in Prime Central London
New data shows where new super-prime sales have been surging over the last decade.
Luxury property brokerage targets ‘an emerging affluent generation’ with global ad campaign
Sotheby’s International Realty's seven-figure marketing drive focuses on one-off homes, positioning agents as 'curators of the unique.'
‘Surge’ in larger homes listed for sale as Autumn Statement looms
Rightmove suggests factors driving a flurry of top-end property listings include falling mortgage rates, speculation around a Capital Gains Tax rise, and more choice for buyers.
In Pictures: Trio of show apartments unveiled at new Kensington scheme
Turnkey options served up at reworked mansion block off High Street Ken.
Carter Jonas installs director of marketing, comms & business development
Anthony White takes on newly-created senior role at national property consultancy.