Investors & developers tap into London’s luxury lettings market
55% of PCL tenancies above £2,500 per week now involve properties owned by either build/own-to-rent investor-developers or professional investors, up from 20% five years ago
In Prime Central London
Understanding Westminster’s development landscape in ten maps
The evidence base for the borough’s new policy on tall buildings serves up a veritable feast of data on everything from transport accessibility to topography…
What has happened to the PCL market over the last five years?
On average, the value of the capital’s most expensive housing stock has slumped by 20.4% since the market peaked more than five years ago, notes Savills, with Mayfair, Chelsea & South Ken taking the biggest hits…
Rare Bloomsbury HMO heads for the auction block
Freehold building near the British Museum to feature alongside an unmod farmhouse and development opportunities in Fulham and Stoke Newington in Savills’ upcoming sale
Magnificent Beast: Heseltine’s Belgravia lair hits the market at £28m
Georgian mansion on Chapel Street, which once belonged to the king of the political jungle, emerges from an ultra-prime transformation as one of PCL’s finest specimens…
PCL price rally ‘peters out’
Prices slipped by 0.6% in September to leave the annual fall at 1.8%, reports LCP, with transaction volumes now running at their lowest ever level…
104 property sales worth £2.06bn: London’s super-prime market in five charts
Some fascinating insights into this year’s £10m+ sales market from Knight Frank, including a flurry of £30m+ deals, building demand for super-prime, currency plays, and how UHNW buyers are getting younger
Who will watch the watchmen: On dirty money & estate agency
The government is finally stepping up the fight against the tide of ‘dirty money’ flowing through the UK property market, but estate agents shouldn’t be the first line of defence, argues Saul Empson…
Market Snapshot: Prime rents in London & the commuter belt
Prime London rents have risen for the first time since 2016, reports Savills, while rents in the commuter belt continue to fall
‘We are having to act like buying agents to find properties’ – Hamptons
A recent super-prime deal in Belgravia shows how selling agents are being forced to go above and beyond in the stock-starved PCL market…
Northacre hires new construction director
Ex-Bouygues and Berkeley Homes man Robert Gibson will be managing the construction of landmark projects No. 1 Palace Street and The Broadway
