Location: United Kingdom
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Savills auctions off over £450mn of property in record year
2022's total was up by 29% - and nearly £100mn - on 2021.
The five most-viewed homes on Rightmove in 2022
A £5mn country house in Wiltshire was the most-viewed property listing on Rightmove in 2022.
Vendors lose confidence as market ‘rebalances’
Listings are also taking longer to sell, reports OnTheMarket - but latest data 'pointing to a rebalancing, rather than a severe correction'
BoE bumps interest rates up again, to 3.5%
Interest rates continue to climb as the BoE attempts to bring CPI inflation down.
£19mn penthouse snapped up in £50mn sales flurry at flagship Northacre scheme
Marquee Elicyon-designed apartment sells in under a week as HNW buyers shrug off wider economic woes.
Major agency predicts ‘exceptional’ year ahead for PCL
Carter Jonas thinks Mayfair, Marylebone, Kensington and Chelsea will outperform all London markets in 2023 as more cash buyers flock from overseas.
On a rare mixed-use SDLT success for the taxpayer
The buyer of a barn conversion with 39 acres has managed to pull-off a 'rare win' to pay the lower Stamp Duty rate for mixed-use properties, says Helen Coward of Charles Russell Speechlys.
Savvy buyers snap up ‘Christmas bargains’ as competition drops by a third
'The sales market is firmly back in the hands of buyers,' says Propertymark.
Ellmer picked for ‘Other House’ project in Covent Garden
High-end construction firm joins Falconer Chester Hall & Bergman Design House on the teamsheet for The Other House Covent Garden.
Savills names new head of country house team
Phillippa Dalby-Welsh will be taking over from Lindsay Cuthill, who is leaving the agency after 32 years.
London house prices dip but the wider property market remained robust in October – UK HPI
London's average house price fell by 0.9% in October, according to the official UK House Price Index, while the national average property value nudged up by 0.3%.