Location: United Kingdom
Prime London Property Market Snapshot: Week 10, 2024
Sales activity has picked up across London's prime postcodes, according to the latest weekly LonRes data.
Savills announces latest raft of promotions
'The fact that we remain number 1 agent in the UK for sales above £500k is, to me, proof that our people development strategy is working', says UK resi boss Andrew Perratt.
Specialist lettings agency moves into Notting Hill
Tim Hassell's Draker adds third branch to its west London network, citing strong local demand.
London’s rental market is ‘normalising’ as supply rises & demand dips
'Landlords must adapt' to new marketing conditions, warns Foxtons, while Chestertons suggests London landlords have 'little option but to start reviewing their prices.'
Going under offer: How to buy a prime property from a receiver
Recent reports suggest a number of London’s most expensive residences are being sold as part of bankruptcy proceedings, as wealthy homeowners have their assets liquidated to pay down debts.
Former Surrey County Hall complex offered for sale with consent for a ‘truly unique’ resi development
'We expect that the ultimate developer of the property will set new record for pricing in Kingston,' says Savills.
Government cracks down on long-term empty homes
100% council tax premium will come into force on 1st April.
British Land names new chair
City banking veteran William Rucker will succeed Tim Score.
Prime London sales market makes ‘hesitant’ start to the year
The positive mood didn’t last long into 2024, says Knight Frank.
International buyer picks up ‘magnificent’ Mayfair embassy-turned-trophy home
CGI interior staging 'helped to play a key role in the marketing and sale of the house,' says selling agency Wetherell.
PCL agency heralds ‘new era’ with big-ticket Bitcoin deal in Knightsbridge
'It's not just a transaction; it's a revolution,' says Knightsbridge Prime Property, after completing a £45k pw rental deal with cryptocurrency.
Land Registry seeks views on ‘unnecessarily complex’ fee structure
The official register of land ownership in England & Wales says its fee & charging structure 'hasn’t been significantly revised since the organisation’s inception in 1862.'