Location: London
Lettings supply rises in Prime London as sales market stutters
“We are starting to see a noticeable shift in stock from the sales markets to the lettings market as owners are not able to sell for the asking price,” says Knight Frank.
Unmod Grosvenor Square mega-lateral goes for £16mn
Grand former residence of ‘Bentley Boy’ racing driver Bernard Rubin achieved nearly £4,000 psf.
Plans go in for ‘£1bn’ mixed-use Bankside scheme
New Foster + Partners-designed proposals for 18 Blackfriars Road include two resi buildings delivering over 400 new homes, and an all-new public space called the Rotunda.
Prime London sales market slows by less than the rest of the UK
Prime Central London property prices fell 0.9% in the year to July, according to Knight Frank's last index - which was the largest drop since April 2021. Prime Outer London saw a 0.
In Pictures: Mayfair embassy-turned-trophy home targets £25mn
Former embassy and royal residence on Park Street brought to market with an Art Deco-inspired interior by Casa E Progetti.
Upsizers & first-time buyers exit London as costs climb – Hamptons
"Trading the city for a cheaper area outside the M25 might be the only option for those needing to upsize," says Hamptons.
Monday Market Review: Key figures & findings from the last seven days
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from JLL, Halifax, Coutts, the Bank of England, Knight Frank, REDD & more...
Prime markets being driven by cash purchasers, needs-based buyers & relocators – Savills
Agency's summer sentiment survey reveals an uplift in 'commitment to move', but there's a widening gap between cash and mortgage buyer motivations.
First Look: Elicyon & HBA Residential complete new super-prime show apartments at The OWO
Two more marquee residences have been unveiled at the soon-to-open Raffles-branded scheme in Whitehall, with price tags of £14.75mn & £18mn.
Celebrity estate agency ranks London’s most popular luxury property ‘necessities’
"We have seen a significant shift in what people want when it comes to luxury homes in the Capital," says RIB boss, as a survey of Prime Central London property buyers and sellers yields some surprising…
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Prime London property sellers are willing ‘to let properties go cheaply’ – Coutts
38% of prime London property listings have had their asking price reduced, which Coutts bank says "demonstrates the continued willingness of sellers to let properties go cheaply and take the income available,…