Prime London saw 12% more £5m+ property sales in 2020 than in 2019
Surprisingly high prime sales volumes are “a clear demonstration of confidence in London as a leading world city,” says Savills.
In London
Weekly Showcase: Ten featured prime resi listings
PirmeResi’s regular stock check, powered by LonRes
How the property market rebounded from one of its biggest challenges in history
West London agent Paul Cosgrove looks back on an extraordinary period for the capital’s property market, and explains why recent demand shifts are much more than a passing trend…
New lettings boss at Knight Frank in Knightsbridge
Arya Salari steps up to run the lettings team at the high-profile branch, as Tom Smith moves over to focus on the super-prime offering.
The Modern House founders target ‘marvellous historic homes’ with new estate agency, Inigo
Matt Gibberd and Albert Hill unveil new venture named after the 17th-century architect who sparked a revolution in British building design.
Developer canvasses buyers on post-pandemic motivations
‘People want more from the places they live, both in the physical bricks and mortar as well as the immediate external surroundings’, says Canary Wharf Group after surveying 2,000 buyers.
Average London house price tops £500k for the first time
The pace of property price inflation picked up dramatically towards the end of last year, according to the latest official UK HPI. London’s average property price has topped £500,000 for the first time, while the UK average has reached a record high of £250,000.
Unfinished boutique resi scheme brought to market in South Ken
Victorian mansion on Queen’s Gate Terrace was being used by the French Government until a few years ago.
Sadiq Khan on track for a second term as Mayor of London
Polling indicates that the Sadiq Khan is likely to win a second term as Mayor of London by a sizeable margin in May’s election.
Huge unmod triplex on Hyde Park Square lists at £10.5m
Eight-bed, seven-bath behemoth has 14’5” ceilings, 16 south-facing windows and a full-length terrace.
Savills bolsters building & project consultancy team
New director James Wilkins has been brought in from Tower Eight to lead a push into the alternatives sector.
Forget macro-economics – the key driver in the property market is much simpler…
Rather than politics, currency fluctuations or legislation changes, the market’s sustained performance is actually being underpinned by an innate desire for progress in our lives, writes Giles Barrett…
