Location: United Kingdom
The macro view: Why a change of sentiment may be on the way
With the press awash with fears of recession, fund manager-turned-buying agent Fraser Slater takes a closer look at the recent moves in various commodity prices and inflation expectations - and finds…
Prime London rental values see strongest annual growth in over 20 years
Rental prices growth continues to "roar ahead" across London, says Savills, although the market is "less panicked" than it was last year.
Abrahmsohn: Are residential property prices rising, falling, or staying where they are?
After a remarkable run, there is a palpable sense of unease in the market, reports veteran agent Trevor Abrahmsohn…
Super-prime property market activity hits six-year high in London
“Property’s reputation as an inflation-hedge gives it extra appeal, while the prospect of rising borrowing costs is injecting a degree of urgency into the market across all price points,” says Rory…
‘One of the most complex construction projects ever delivered in the UK’: Battersea Power Station reaches practical completion
Iconic Grade II* listed landmark will finally open to the public this Autumn, following a painstaking eight-year restoration.
JLL boosts PCL lettings team
Neil Short will be overseeing the agency’s lettings operations in Chelsea, Knightsbridge, Mayfair and Marylebone.
A potted history of one of Mayfair’s great townhouses
As buyers circle the £55mn Grafton Street mansion, PrimeResi delves into the heritage of the trophy townhouse, formerly the HQ of fashion giant Gucci.
Northacre plans global expansion as focus shifts to sustainability & wellbeing
Super-prime developer embarks on ‘next chapter’ following major corporate restructure; lines up ‘diverse and unique’ portfolio of projects across the UK and the GCC worth over $3.6bn.
Salboy launches sales at debut prime London scheme as developer eyes expansion in the capital
Manchester-based developer has launched sales at its Earls Court scheme and confirmed the acquisition of a second boutique resi site London, in Camden.
£55mn price tag for former Gucci HQ in Mayfair, now a 14,000 sq ft ‘private palace’
Grade I Grafton Street mansion is the finest option available in Mayfair right now, say agents
PCL property market recovery ‘held back’ as international buyers stay away
"Unless high net worth foreign investors return in their pre-pandemic numbers, we can expect the market to continue to recover at a slow and steady pace, rather than with a sharp uptick," says Savills.
Mortgage lending rises back above pre-pandemic levels
Net borrowing of mortgage debt by individuals increased to £7.4bn in May from £4.2bn in April, according to the Bank of England's Money & Credit data. This is above the pre-pandemic average of £4.