Location: London
Rental supply is starting to pick up in Prime London
Instructions rose by 20% last month, but available stock levels are still 50% down on pre-pandemic times, reports LonRes.
Middle Eastern investment firm spends c.£50mn on trio of London resi blocks
Rasmala's acquisitions have included a boutique apartment scheme in London's legal district.
Prime London Property Market Snapshot: Week 41, 2023
Market metrics continue to point to a slowing market, with 18% fewer sales agreed in prime London so far this year compared to last, and 26% fewer than in 2021.
Kensington proves the hot ticket for wealthy Americans, as buyers hit decade-long high
US purchasers are now behind one in ten exchanges in W8, reports Knight Frank.
Prime London’s sales pipeline shrinks as demand drops off
The number of properties going under offer last month was down by over a quarter on last year's levels, which 'could impact on the outlook for the last three months of the year', warns LonRes.
Rising activity in London’s £5mn+ market driven by demand for ‘world-class’ apartments
Savills flags "remarkable resilience" at the top-end of the London property market, driven by demand for luxury flats rather than houses.
City & Country design chief: Why I’d love to see a renaissance of Georgian architecture in urban areas
Starmer’s proposal is a great starting point, says Simon Vernon-Harcourt, but its success will ultimately depend on the quality of the implementation.
Average prices still sliding across England & Wales, but pent-up demand ‘could be released in the coming months’ – new analysis
Market momentum could gather when interest rates begin to fall, suggests Acadata.
Irwin Mitchell bolsters real estate disputes team
William Scott has joined the national law firm's property division from Bates Wells.
Boutique super-prime agency Rokstone confirms merger with UK Sotheby’s International Realty
Heavily-tipped tie-up between two of the biggest names in luxury property is a 'fundamental shake-up for the industry'.
Labour’s UK housing plans welcomed, but beware of soundbites and simplification
Developers have responded positively to Keir Starmer’s pro-development rhetoric, but political aims will need to square with economic reality, says Tom Bill.
London rental market ‘begins to normalise’ as supply grows 10%
But 'we’re not back to a normal seasonal market just yet,' says Foxtons, as rental prices remain at records highs.