Location: Prime Central London
Tim Macpherson of Carter Jonas on PCL’s revival, memorable deals & what high-end buyers are really after
PrimeResi meets Carter Jonas’ longstanding PCL specialist Tim Macpherson to discuss the current state of play in the golden postcodes, the capital’s most impressive new developments, his most memorable dea…
In Pictures: David Collins Studio & Nick Vinson collaborate on ‘one-of-a-kind’ show apartment at The Bryanston
Developer Almacantar ‘responds to the needs of the world’s global elite’ with the second show unit at its Rafael Viñoly-designed scheme overlooking Hyde Park
PCL rental stock has dropped 75% as tenants return to town
“The recovery of the rental market has led to a shift in tenant profiles,” says LCP boss Andrew Weir, “as older tenants return to the office and outcompete young professionals and students.“
PCL buying agency moves into sales, launching a high-end estate agency division
Aldersley London will provide "a holistic and bespoke service all under one roof", says founder Edward Aldersley, including property search and acquisition, development consultancy - and now property sales
Prime London ‘looking strong’ as spring market blooms
‘While a lack of stock continues to be a problem, it seems buyers are buying’, reports LonRes
What is driving the unprecedented demand for PCL real estate?
As clients compare bricks and mortar around the world, Central London looks better value than almost any other major city, says Ollie Marshall
‘Strongest ever’ start to the year for London’s £5mn+ property market
128 London homes changes hands for more than £5mn in the opening three months of the year; 25% more than in Q1 2021, and 24% more than in Q1 2020.
In Pictures: Regent’s Park trophy home looks for £22.5mn
No.3 Hanover Terrace was taken by Charles Dickens for the London Season in 1861
PCL stock shortage means ‘we are having to work twice as hard to deliver results’, says top buying agency
Eccord secured deals worth nearly £50mn in Q1 despite ‘exceptionally low’ prime property supply
Most Prime London homes are still being sold for less than their asking price
Prime London vendors are accepting an average of 3.6% less than their asking price, according to research by Benham and Reeves - but discounts are getting less chunky as the market bounces back.
Three key themes for prime buyers to consider in the current market
2022 has so far been defined by high demand and low supply - and the return to more balanced conditions doesn’t appear imminent, writes buying agent Plum Fenton
UK house price growth to slow as cost of living bites – Knight Frank
House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.