Location: United Kingdom
Prime London’s tenants are getting younger
Under-30s accounted for nearly 90% of the tenancies signed in Q1, reports LCP - up by almost a quarter on last year.
Bumper start to the year for Savills’ auction team
The agency noted a massive increase in telephone bidders at its latest sale, which raised £40m.
Westminster tipped to outperform PCL forecasts
JLL expects the capital's most iconic borough will benefit from a renewed appetite for city living in the wake of the pandemic.
Market hits a hurdle as agents ‘run out of houses to sell’
The lack of properties coming on ‘has the potential to jeopardise or temporarily cause a slow-down in the market’, says TwentyCi, as stock levels sink to an all-time low.
Cain reports penthouse sellout at Islington Square
All 22 penthouses and maisonettes at north London's former Royal Mail sorting office have been sold, with penthouses achieving "in excess of £2,200" per square foot.
Why the end of the furlough scheme is likely to have a limited impact on the UK property market
A closer look at the government’s own furlough data suggests there is unlikely to be meaningful downwards pressure on sales volumes or prices when the support scheme comes to an end in the autumn, says Tom…
Former Oxfordshire home of Dame Agatha Christie seeks buyer
Savills Henley has been instructed on a Queen Anne-style pile that inspired some of the greatest crime novels of the 20th Century.
‘We are seeing the emergence of a giga-prime market’: The rise of London’s £100m+ homes
Renovation and conversion projects are swelling London's small but significant £100m+ property market, creating private palaces just for billionaires.
Activity surges in Prime London as confidence returns
Sales volumes in Q1 rose to levels not seen since the infamous stamp duty stampede of 2016.
Rutland Gate mega-mansion ‘could be worth between £500m and £600m’
Squire and Partners-designed proposals for the refurbishment of 2-8 Rutland Gate, a 62,000 square foot private palace overlooking Hyde Park, were submitted to Westminster a few weeks ago.
‘Frenzied buyer activity’ breaks property market records
Buyer demand is "massively outpacing" the supply of homes for sale, says Rightmove, as the national average asking price surges up by more than 2% in a single month.
Agency reports string of deals on Kensington ‘most magical’ garden square
Knight Frank’s Kensington team has tucked away four high-end townhouses on Edwardes Square in recent months, and taken on another five.