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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£10.95mn Regent’s Park mansion sold ‘within minutes’ of Budget speech
UK buyer accelerated exchange on Grade I listed residence after Chancellor delivered a softer-than-expected property tax package.
Top buying agent launches independent firm
Lucie Hirst's new operation will specialise in high-end acquisitions across PCL & the Cotswolds.
Agency seals trio of £20mn-plus sales in St John’s Wood as top-end buyers pounce
Savills reports £130mn pre-Budget transaction flurry in prestigious NW London neighbourhood - and predicts a busier-than-usual close to the year.
Hoffen West acquires well-known PCL agency’s lettings & management book
26-year-old Belgravia specialist's portfolio will be integrated into Rupert Hoffen & Neil West's operation.
By PrimeResi
Super-prime developer Binghatti appoints London sales lead
Dean Elgafar previously worked at Wetherell, Chestertons & UK Sotheby's International Realty.
By PrimeResi
Property consultancy faces six-figure fine for unauthorised works on Grade I listed building
Court rules Knight Frank made alterations to an historic building in Bath without the necessary consents.
By PrimeResi
Prime Purchase adds new director in the Cotswolds
Savills-owned buying agency continues its recruitment drive, strengthening its country team with another established operator.
PCL buying agency toasts £80mn of deals despite ‘testing’ market
Camilla Dell's Black Brick reveals its standout acquisitions of 2025, including a ‘landmark’ Georgian villa in Hampstead, a classic Marylebone townhouse, and a trophy Mayfair apartment
Chestertons snaps up specialist online agency
W Property Consultants was set up by Wai Yee Shing & Wai Yee Tang in 2018.
By PrimeResi
Swiss voters reject significant super-rich inheritance tax proposal
Decisive result in Switzerland's divisive wealth tax referendum.
By PrimeResi
LATEST ARTICLES
Expanding brokerage signs super-prime Surrey specialist from Savills
Ben Hehir will be based between the firm's Cobham office & Mayfair HQ.
Project London doubles revenue & kicks off international expansion
High-end design studio founded by two former buying agents reports 'landmark' year & gears up to launch Dubai base.
Relaunched luxury scheme leads resi revival in St James’s Park
Sales team reports renewed buyer interest at The Broadway as raft of redevelopments signal SW1 'renaissance'.
Prime global house price growth cools to slowest pace in two years
But 'the groundwork for a rebound is building,' says Knight Frank, after checking top-end property price performance across 46 world cities.
By PrimeResi
My Property Career: Quickfire Q&A with Chelsea Whelan
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.