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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Strutt & Parker launches broker team to ‘super-charge’ prime London business
Exclusive: After six months building a crack team of PCL brokers, sales chief Claire Reynolds has unveiled a new 'hybrid' operating model that promises to 'redefine agency' in the capital.
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Grant J Bates Property installs new lettings boss
Ex-Hamptons associate director to spearhead prime lettings push at fast-growing luxury brokerage.
Talking Heads: How a cyber-attack put the PCL property sector in limbo
PrimeResi hears from some of the capital's top property brokers, lawyers & developers, about how November's IT hack exposed a fragile planning system, put transactions on ice, and continues to cause 'havoc'…
Ex-Savills & JLL duo take on Winkworth franchise in north London
Seasoned operators acquire Crouch End outpost & eye expansion.
Dubai luxury scheme sells out on launch after 3,000-broker preview
DIFC Zabeel District’s first resi development fully sold as city's market momentum continues.
Buyer picks up rare project on Belgravia’s Chester Square
Unmod townhouse on arguably the neighbourhood's classiest garden square sold off a £11.95mn guide.
High-end estate agency opens Cotswolds HQ
Boutique firm expands with flagship base in Oxfordshire hotspot.
Boutique comms team picks up St John’s Wood Square brief
Ebury Comms to lead global communications for 5.5-acre super-prime project in NW London.
Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.
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Maria Santurio to lead new hub connecting global clients with key markets across Spain.
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Interiors practice unveils fresh take on high-rise living at The Founding, part of the first phase of British Land’s 53-acre Canada Water masterplan.
Agent showcase marks next sales push at The Lucan
Chelsea’s Marriott-branded residences enter final release with more than half sold.
A Reflection of Change: Harry Dawes on how PCL agency has evolved
A seasoned London agent reflects on market cycles, career paths and the rise of alternative models.
My Property Career: Quickfire Q&A with Hamptons’ Sue Fisher
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.