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A ‘wave’ of wealthy American & Middle Eastern buyers is driving a super-prime property boom in Mayfair
Almost twice as many homes have sold for more than £10mn in Mayfair this year than in 2022.
Average asking prices to drop 1% in 2024, predicts Rightmove
The property market displayed 'much-better-than-predicted resilience this year,' says Tim Bannister, despite a bigger than usual December dip for new asking prices.
Mortgage lending to fall in 2024, predicts UK Finance
'We expect lending to remain weak in 2024, with a gradual improvement in affordability reflected in a modest increase in activity levels in 2025,' says banking industry trade body.
Inner London rents have jumped 13.2% in the last year
Tenants across Great Britain paid a record £85.6bn in rent in 2023, says Hamptons - equivalent to the total value of all homes sold in London last year.
Meriam Makiya: Key residential trends to watch in 2024
Buyers are becoming more discerning, and placing greater emphasis on community and amenities, writes BPSDC's resi boss.
Savills bolsters Westminster sales team as deals continue to flow
The agency has tucked away a string of notable properties recently, including a standout townhouse near Buckingham Palace, which sparked a bidding war.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Reuters, Rightmove, Knight Frank, Beauchamp Estates, Hamptons & more...
Elicyon founder Charu Gandhi on building a top design brand, finding the right balance & visualising the ‘perfect client’
PrimeResi x Plugged in: Continuing a series of in-depth interviews with key players from the world of design, Jason Bailey catches up with Charu Gandhi, founder of acclaimed interiors studio Elicyon, to…
In Pictures: Luxe loft-style duplex in Kensington seeks £21.75mn
Architect Chakib Richarni and developer Interlitrade combined two separate apartments to create this vast 5,600 sq ft duplex on De Vere Gardens.
Berkeley Group reports ‘strong performance’ despite slump in reservations
Housebuilder's net reservations were a third lower in its latest financial half-year than the corresponding period in 2022 - "reflecting the sharp increase in interest rates and the ongoing elevated political…
Knight Frank upgrades global house price forecasts as ‘some prime buyers appear confident that the worst is now behind us’
'Cautious optimism is emerging as prime buyers consider economic headwinds to be easing,' says Knight Frank, as the property firm raises its outlook for international resi price growth in 2024.
In Pictures: Historic Cotswold Manor House offered for £16,950 per month
Stanley Park has been renovated into an extraordinary and rare rental home.