Location: United Kingdom
‘Window of opportunity’ is closing for buyers in Prime Central London
Strutt & Parker's Central London offices enjoyed a 'significant' flurry of buying activity last month, with 84% more offers accepted in November than in October.
Developer plans revamp of ‘prominent’ Westbourne Grove site
Valouran is looking to bring the site offices for The Whiteley project back into use as high-end apartments and an improved pub.
Mayfair mansion sells for a reported £138mn
Vast 1920s private palace on South Street could be 2023's biggest prime resi sale.
‘Committed’ buyers drive prime sales surge in St John’s Wood
Exchanges have been running 40% higher than the five-year average in the leafy NW London neighbourhood, reports agency.
‘Rental growth has now peaked and we expect a major slowdown in 2024’, says Zoopla
'There are signs that the UK rental market will turn in 2024,' says Richard Donnell; 'rents are reaching the maximum affordable price and rental demand is starting to slow.'
Developer picks up £30mn coastal site in Kent with plans for 24 new homes
Elivia Homes has acquired a development site next to the North Foreland Golf Course in Broadstairs.
eXp expands ‘Luxury’ broker programme into the UK market
Global brokerage's rapidly-expanding programme for 'elite' property agents promises to 'set a new benchmark for excellence in luxury real estate.'
In Pictures: £29.5mn Piccadilly doer-upper reimagined as a ‘£70mn private palace’
Grade II listed mansion overlooking Green Park, once the London residence of Lord Byron, could be reinstated as one of the capital's finest trophy homes.
A ‘wave’ of wealthy American & Middle Eastern buyers is driving a super-prime property boom in Mayfair
Almost twice as many homes have sold for more than £10mn in Mayfair this year than in 2022.
Average asking prices to drop 1% in 2024, predicts Rightmove
The property market displayed 'much-better-than-predicted resilience this year,' says Tim Bannister, despite a bigger than usual December dip for new asking prices.
Mortgage lending to fall in 2024, predicts UK Finance
'We expect lending to remain weak in 2024, with a gradual improvement in affordability reflected in a modest increase in activity levels in 2025,' says banking industry trade body.
Inner London rents have jumped 13.2% in the last year
Tenants across Great Britain paid a record £85.6bn in rent in 2023, says Hamptons - equivalent to the total value of all homes sold in London last year.