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Home-buyer demand dipped in Q3 but remains up on last year
'Interest rates simply haven’t fallen as quickly as many buyers may have hoped, so there remains a sense of buyer hesitation across the market,' says GetAgent after trawling Rightmove data.
Prime London Property Market Snapshot: Week 39, 2024
More new instructions and more homes going under offer than at this time last year, but fewer sales being agreed and more price reductions...
Country market slows as ‘discretionary’ buyers hesitate
Offer levels during the last three months were down by over a quarter on the five-year average, reports Knight Frank; average prices are now 7.4% below their last peak in Q2 2022.
What it’s really been like running a boutique agency in PCL over the last decade
It's been ten years since Nicolas Pejacsevich and Patrick Alvarado set up their Knightsbridge-based firm Nicolas Van Patrick, following careers in the corporate world.
Former Druce Director launches Harding Green in Shropshire
Thomas Dainty previously worked for prime property agencies in Prime Central London and Dubai.
‘Infamous’ west London development opp finds a taker
Derelict Maida Vale property has been on and off the market since 2017.
Jo Eccles: Three pre-Budget trends to watch in the prime London market
Top buying agent runs through some key themes as vendors, purchasers and HNWIs navigate the current uncertainty...
Dar Global Chair steps down as the London-listed luxury property developer swings to a loss
David Hunter is handing over the reins having led the branded residence specialist through a 'transformative period'.
Industry Reactions: Mortgage lending ticked up in August
Bank of England data show an increase in mortgage approvals, remortgaging activity, and in net borrowing.
‘Disappointed’ REA Group abandons Rightmove takeover
'We were disappointed with the limited engagement from Rightmove that impeded our ability to make a firm offer within the timetable available,' says REA boss.
Knight Frank installs new head of sales at flagship Knightsbridge office
Star agent Roly Ingleby-MacKenzie takes the reins at firm's high-profile base on Sloane Avenue.
‘Mixed fortunes’ for prime housing markets as pre-Budget nerves offset falling mortgage costs
"Prospective tax changes in the impending budget have caused buyers to become more cautious in the prime housing markets, offsetting the benefit of lower interest rates," says Savills.