Lloyds reins-in house price slump expectations
Lloyds Banking Group now expects average UK house prices to end 2023 5.6% lower than they started the year, with a 'best case scenario' of -3.3% and a 'severe downside scenario' of -9.3%.
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility.
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.
‘British house price boom to fizzle out next year’ – Reuters poll
A poll of property pundits a 2% rise for UK property prices this year, before a "flatline" in 2021.
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Off-market Notting Hill house sells close to £35mn guide
Luxury brokerage secures rare 9,000 sq ft lateral home for British buyer in ‘landmark’ deal.
Planners back major rejig at Chelsea Barracks amid ‘significant’ market shift
Luxury townhouses switched out for apartments in next phase of super-prime Belgravia scheme, as developer cites changing demand.
International buyer lands six apartments at super-prime Mayfair scheme
Buying agent Ollie Marshall says multi-unit acquisition, with a combined asking price of £55mn, is a 'huge endorsement for London'.
Real estate powered Dubai’s rise as a magnet for expats. Can its brand survive this war?
Professors Hassan F. Gholipour & Mohammad Reza Farzanegan explore the rise and potential fall of one of the world's leading luxury property centres.
Interview: Stephen Green & Ben Holland on the realities of running a high-end resi design practice
HollandGreen’s founders on how the design landscape and client expectations have evolved over the past 15 years, and what comes next.
London house price growth set to climb to 7% a year by 2030
The capital's property market is likely to under-perform the rest of the UK in the short term - but CBRE says a 'chronic shortage of upcoming supply in London' means price growth is likely to accelerate…
A developer’s view: How a new ‘flight to quality’ is reshaping London homebuilding
Mount Anvil sales boss Jon Hall on how buyer priorities around location, design and brand are shifting in a tougher cycle.
£7.5mn new-build mansion snapped up in Surrey
Brokerage tucks away 9,000 sq ft residence in 'record time' - and receives £12.5mn instruction directly off the back of it.
Luxury London homes in administration: What buyers, agents & investors need to know
With hundreds of high-end flats from Mayfair to Knightsbridge expected to hit the market following a major lender collapse, Tahmid Majeed looks at the legal realities of such sales.
Bentry assembles consultants for ‘No.1 Hampstead’ apartment scheme
Stanhope Gate Architecture is drawing up fresh plans for the redevelopment of the Baroque-style Branch Hill House in North London.
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Berkeley reins-in land-buying amid ‘action to protect the business’
Big-league housebuilder is cutting operating costs and limiting new land investment, telling shareholders it 'does not believe it can make its required rate of return on investment in new land acquisitions.
Strutts bolsters Knightsbridge & Belgravia team with double hire
Heritage estate agency adds high-end specialists from Chestertons & Carter Jonas as PCL push continues.
Inside Foxtons: Sales reset, stress tests & the shift to recurring income
Estate agency reveals fresh detail on sales strategy, downside scenarios and senior pay in latest company filings.
Opinion: Finchatton’s Andrew Dunn on London’s resilience in a changing world
The top-flight super-prime developer shares insights on demand, sentiment amid uncertainty, and what still drives HNW decision-making.
Ant Yapi appointed at Holland Park Gate
The international contractor will deliver Phase Two of Lodha UK's super-prime project opposite the Design Museum.