Location: United Kingdom
£5mn+ property sales remain ‘well ahead of pre-Covid norms’ in London, despite sharp drop last year
Some £5.7bn-worth of luxury homes changed hands in London through 2023, reports Savills, despite a marked slowdown from the pandemic-era property boom.
Industry Reactions: Official data reveals UK house prices falling at fastest rate in 12 years
The latest UK House Price Index tells of 'a frosty end to the year', says Jackson-Stops, while buying agency Garrington says November 'was the moment the slowdown turned into a slide'.
Prime London Property Market Snapshot: Week 02, 2024
It has not been a busy start to the year for most of prime London's property market...
Only one region in England & Wales is showing positive annual house price growth
Average annual price decline is easing, reports Acadata, but transaction volumes are running worryingly low.
Savills to sell off over 250 lots in first auction of 2024
Property auctioneers enjoyed a record-breaking year in 2023.
Savills makes ‘major hire’ to lead new SW London sales division
After nearly two decades with Chestertons and a spell at Druce, Cory Askew has joined Savills as a Regional Director to helm sales across the South West London Parks region.
Canterbury’s Chaucer School site offered for £23mn resi development
The former Chaucer School site in Kent has 'vast potential', says Knight Frank.
MacAllan joins J3 to head up debt advisory team
Mayfair-based insurance & finance firm recruits former Knight Frank exec as director.
Midtown, City & East London markets holding up despite buyer caution
Sellers recognised the change in sentiment last year and responded with realistic pricing, reports Hurford Salvi Carr, while buyers competed for 'best-in-class' options.
Canary Wharf Group completes NYC-inspired apartment scheme
8 Harbord Square, designed by Karakusevic Carson Architects, has delivered 82 fully-customisable units.
More agency branches close as self-employed model gains traction
General market uncertainty has been a factor, but so have various changes within the sector.
Super-prime developer Finchatton recruits new COO from Knight Frank
Anthony Kazan is joining the firm responsible for landmark schemes including Twenty Grosvenor Square & The Whiteley.