Location: United Kingdom
Brexit vote ‘has been a trigger to make overdue reductions to asking prices’ – Knight Frank
For all the catastrophising Brexit-bating headlines, it's stamp duty that's really sculpting today's prime central London property market, says Knight Frank as it tells of a 1.
London house prices to drop 5.6% next year as safe haven status ‘is under threat’
The housing market across the UK "will slow but not plummet" over the next 18 months, predicts the Centre for Economics & Business Research, but London is in for a more harsh adjustment next year;
Where in the UK has the level of home ownership dropped the most?
There rise of renting at the expense of home ownership in London is pretty well documented, but a new report indicates that it's not just a problem for the capital...
Fitzrovia penthouse with roof terrace ‘larger than the average family home’ comes to market
A three-bed penthouse in Fitzrovia with one of London's biggest roof terraces - it's bigger than the average family home - has come up for sale, asking £6.995m.
Sales volumes to stay suppressed for the rest of the year – LSL
LSL Property Services, which owns a whole bunch of UK estate agencies and surveyors, has reported some strong H1 results but reiterated that market conditions are unlikely to improve enough for it to hit…
Case Study: ‘Prestige without vulgarity’ on the 36th floor
Design agency 1508 gives us a whistle-stop tour of its latest project on the 36th floor of one of London’s most anticipated new developments, Southbank Tower...
Currell hires ex-Colliers man to drive east London expansion plans
Currell has hired Matt Cobb as Director of New Homes to spearhead an expansion of the business across east London.
London-national price gap ‘has closed significantly’ – but it’s just statistics
The average London property price in May (£472,163) was around double the England & Wales average (£221,832), according to the latest batch of stats from the Land Registry and ONS under the still-experimental…
Countrywide consolidates prime London estate agency branches
Countrywide Plc has shut a long-standing outpost of Faron Sutaria in Chiswick, sending the office's business and staff to neighbouring Countrywide group brand John D Wood.
New home registrations at highest level since the crash (but what’s going on in London?)
A total of 41,222 new homes were registered by the National House Building Council throughout the UK in Q2, an uptick of 1% on the same period last year.
The Summer Journal: Introducing PrimeResi Quarterly No.6
460 pages of essential news, opinion and in-depth analysis
Buyer snaps up Grade I country mansion at knockdown price
An important country house in Berkshire has been snapped up at auction for just over £2m, a fraction of what it was asking on the open market last year.