Lloyds cuts house prices forecast, anticipating a 7% drop this year
House prices will fall farther than expected, suggests mortgage lender, as borrowers struggle with rising costs.
UK house prices likely to drop 13% this year as incomes tumble, predict economists
A looming "shortfall in incomes has a tremendous potential to disrupt the UK’s housing markets", warns the Centre for Economics & Business Research.
By PrimeResi
Savills forecasts a 7.5% drop for house prices this year, with transactions down by a third
Savills is standing by its pre-pandemic five-year forecasts, despite anticipating a major slump in 2020.
By PrimeResi
Lloyds predicts a 5% fall for house prices this year
Major mortgage lender Lloyds and top-end buying agency Black Brick are both predicting a fall for property values as a result of the Coronavirus pandemic.
By PrimeResi
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Daggers bolsters ADVSR team as digital real estate platform hits $10bn milestone
New Head of Global Partnerships, Graeme Grossman, joins fast-growing venture aiming to 'democratise global property marketing'.
In Pictures: Burj Khalifa’s 21,000 sq ft ‘Sky Palace’ seeks £40mn
Marquee residence in the world's tallest building is being sold as a shell, but agents think it could one day be worth up to £90mn.
Ghelamco kicks off construction at £140mn Battersea Waterfront scheme
The former candle factory site is the last project masterplanned by the late star-architect Michael Squire.
By PrimeResi
Denham Place Revisited: Grade I Buckinghamshire mansion now ‘priced to sell’ at £45mn
Historic private palace, originally asking £75mn, is being billed as 'England’s most opulent estate'.
Prime Purchase recruits Knight Frank’s Pritchard-Gordon
Buying agency signs up seasoned specialist to cover the eastern counties.
First Look: Inside London Square’s luxury resi revamp of Westminster Tower
The Aldar-owned developer is aiming to usher in 'a new era of refined living' along the Thames with its debut Prime London play.
Buyer demand sinks in PCL as non-dom uncertainty persists
'The wrong end of the telescope is being looked down in relation to foreign investors,' warns Knight Frank's Tom Bill.
By PrimeResi
In Pictures: Tatjana von Stein-designed show apartment unveiled at luxury Mayfair scheme
£10.95mn Art Deco-themed residence is the second in a series of designer collaborations at 60 Curzon, on the site of legendary A-list hangout Mirabelle.
London’s super-prime rental market booms as non-doms ‘keep their options open’
'A lot of clients have elected to rent as opposed to buy' in the face of tax reforms, says Knight Frank.
By PrimeResi
Jo Eccles: On the fragmentation of London’s property market & other trends
Real estate dealings have become increasingly complicated in the capital following a major industry shift, reports top buying agent.
By Jo Eccles
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Trio of Foster + Partners-designed towers aims 'to push the standards of wellbeing beyond anything seen before in place design'.
By PrimeResi
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Buying an apartment at the record-breaking boutique scheme in Chelsea is 'like acquiring a da Vinci', says firm launching one of the biggest instructions of 2025 so far.
Property Industry Reactions: Bank of England cuts interest rates to 4.5%
Widely-anticipated 0.25% base rate reduction has been roundly welcomed by housing market insiders.
By PrimeResi
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