Location: London
Deals drying up in Prime London as sales market goes into holiday mode
Last month's activity was on the low side, even by July standards, and there are signs the £5mn-plus market is finally beginning to buckle.
Harding Green adds north London specialist
Noah Pearlman is the latest prime London agent to sign up to the hub-based brokerage.
Ranked: Britain’s strongest buyers’ Vs sellers’ markets
Bristol dominates a list of areas where homes are selling fast, says Rightmove, while London enclaves (including Knightsbridge) are the top sellers' markets.
PCL’s ‘best-in-class’ homes are still going to sealed bids
Negative sentiment has led to fewer sellers and a lack of supply across most of Prime Central London - and particularly between £5mn and £10mn, reports buying agency.
Boutique PCL developer seeks partner to help build £100mn portfolio
Alex Pope & Felix Langlois' Voza is targeting 'exponential growth' after completing a string of projects across PCL
Annual house price growth at lowest rate in 11 years
Transactions have also slid, and were at their lowest level since the GFC in H1, reports Acadata.
In Pictures: Pair of Chipperfield-designed warehouse penthouses hits the market in Clerkenwell
There is "significant scope for a purchaser to buy both penthouses and combine them into one extraordinary property subject to the necessary consents," says Savills.
London rental supply improves, but ‘competition is still fierce’
Foxtons reports a 6% improvement in lettings stock in the capital.
RBKC agency ramps up lettings division & puts down roots on Kensington Square
Longstanding firm Russell Simpson has launched a dedicated Kensington lettings team as part of its expansion across the top neighbourhoods of west London.
All that glitters is not gold: James Holroyd on navigating London’s new-build property market
"'Buy in haste, repent at leisure' applies throughout the property market – but especially to new builds."
‘Inexperienced chancers’ giving buying agents a bad name, warns Heaton
Heaton & Partners boss bemoans rising number of 'truly dreadful' one- and two-man bands, whose clients risk ending up 'at the back of the queue'.
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