Location: United Kingdom
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Ranked: Britain’s property price growth hotspots
Rightmove has highlighted which areas saw the biggest surges in property asking prices through 2022, as the portal predicts a sharp slowdown in the year ahead.
Winkworth moves into Bristol; eyes further expansion across the South West
New sales & lettings operation is aiming to capitalise on demand from purchasers relocating from London and other major cities.
Buyer demand dips in prime London, but appetite for super-prime homes grows
A drop in demand for prime property is 'hardly surprising', says the boss of estate agency Benham and Reeves - but the very top-end of the London market appears buoyant in the face of an economic downturn.
Home-buyer demand across England dropped 9% in Q4
'The pandemic-inspired property boom is being brought well and truly back down to earth,' says GetAgent after assessing the proportion of homes listed for sale that have already found a buyer.
Mortgage approvals drop to lowest level since June 2020
Fewer house purchase mortgages were approved in November 2022, as interest rates climbed.
Rightmove reports strong ‘Boxing Day bounce’ as new property listings jump 46%
'We’ve seen some promising activity and familiar patterns over the festive period this year, which are good signs for the year ahead,' says property portal.
Grand Registry: Surveying last month’s biggest registered sales
Important 17th century pile in north London tops latest rundown of resi transactions lodged with the Land Registry.
SW London penthouse portfolio goes up for sale at £19.6mn
'Village in the sky' weighs in at over 18,000 sq ft and comes with multiple roof terraces overlooking the Thames.
2022 ends with a bang as top-end buyers go last-minute shopping
'It seems Christmas is no reason to slow down at the top end of the PCL market', reports LonRes MD.
Scottish country houses move back to ‘a healthy, normal market’
Knight Frank brought in 50% more Scottish country house sales instructions in November compared the five-year average.
US billionaires splashed over £600mn in London’s top postcodes last year, with more to come in 2023
Ultra-wealthy Americans spent a record amount on luxury PCL homes in 2022, and are tipped to continue dominating the super-prime property market in the year ahead.