Location: United Kingdom
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.
Meriam Makiya: Key residential trends to watch in 2024
Buyers are becoming more discerning, and placing greater emphasis on community and amenities, writes BPSDC's resi boss.