Location: London
Post-lockdown buyer surge prompts agency to reconsider forecasts
More positive noises from the front line as Chestertons reports a 46% jump in new applicants and takes another look at its price predictions for 2020;
NCA ‘reassessing’ use of UWOs
Targeting PEPs and oligarchs has proven ‘much more difficult than expected’
Boltons bolthole pitched at £6.5m
Neighbouring mansions in Chelsea's most exclusive enclave go for an average of £32.5m, but have been known to fetch significantly more...
‘Signs of life’ in Prime London as activity returns & prices hold up
The number of properties going under offer in June was just 5% below last year’s levels, reports LonRes, while achieved prices were only marginally down...
Northacre confident in PCL’s appeal as enquiries soar
The 33-year-old firm developing two of London’s landmark prime resi schemes saw a threefold increase in sales enquiries in H1 2020, and is expecting demand to rise as supply levels shrink
Stylish St John’s Wood townhouse seeks £11.95m
Hairdressing tycoon Lesley Clarke lists her Italianate stunner on Queens Grove
PCL lettings market on the turn as supply levels ease
Average values have now fallen by -4.6% on an annual basis, reports Knight Frank, but demand is building just as supply levels start to slow...
Weekly Showcase: Ten featured prime resi listings
PrimeResi’s regular stock check, powered by LonRes
PCL’s ‘overdue’ return to growth has been delayed to 2021, predicts Savills
Revised five-year forecasts suggest more muted price inflation in Prime Central London, following the Covid-19 crisis.
City Hall demands £3.5bn for ‘buyer of last resort’ scheme
Proposal would allow councils and housing associations to buy unsold private homes at cost price and turn them into social housing if a buyer cannot be found in the open market.
Top interior designers join forces to tackle industry’s diversity problem
Sophie Ashby & Alexandria Dauley launch non-profit organisation United in Design to 'translate words to action'
Super-tenants paying hefty price for versatility, says HNW mortgage broker
Difference between renting and owning the same £10m property could run into thousands a month, says Enness Global