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Opinion: Is luxury real estate a recession-proof asset?
"Real estate is more recession-proof than other assets, especially when it comes to luxury homes," argues Mickey Alam Khan, the New York-based president of Luxury Portfolio International.
Does adding space always add value to a home?
Research by Hamptons has found that 28% of homes sold in the UK had been extended by their owners, rising to more than a one in three in London.
The number of homes listed for sale has fallen 12.5% in the last year
Estate agencies have listed an average of 7.3 homes per branch across Britain in 2022 so far, down from an average of 8.4 in 2021, according to some new research.
More home-buyers are turning to short-term lending to beat competition
Bridging lending activity has risen sharply, as investors and home-buyers turn to short-term lending solutions to secure a property in a competitive market.
Lutyens-designed North London mansion seeks £12.5mn
In Pictures: This storied home in Hampstead Garden Suburb was built for a banking dynasty, owned by the Saudi Royal family, and has played host to a realm of aristocrats, tycoons and entertainment stars.
£5mn price cut for Highgate super-home
Agents came close to selling Heathfield House at the original asking of £40mn, but have slashed the price to spark fresh interest.
Sharp drop in confidence amongst London property sellers
"The change in economic headwinds is starting to be reflected in seller confidence," says OnTheMarket.
In Pictures: Ballymore submits 336-home plan for Dublin’s new ‘Guinness Quarter’
If planning approval is granted, the mixed-use reinvention of the historic St. James’s Gate brewery in Dublin 8 is expected to be completed in 10-15 years.
Mixed-use plans approved for prominent Mayfair site
Developer O&H Grafton and architects Foster & Partners have secured planning approval for a reworked development on New Bond Street, Grafton Street and Bruton Lane.
Knight Frank recruits new Richmond lettings boss from Chestertons
Camillo Degregorio has spent the last twelve years specialising in the SW London market.
Nest Seekers broker joins Harding Green
Arthur Kotliarovas has jumped ship to the Kensington-based broker-model agency after co-fronting Nest Seekers’ NY-Lon operation.
Under 4% of UK homes signed up to fraud alert service
New figures show a threefold increase in the number of property owners signing up for HM Land Registry’s Property Alert Service - which flags up suspicious activity - but overall take-up remains very…