London agency reports ‘higher than normal’ fall-through rates, as post-lockdown sales activity begins to convert to revenue
Foxtons' management "remain cautious" about the London property market's prospects, as "economic uncertainty causes more sales transactions to fall through and is putting downward pressure on rents."
PCL transactions ‘will double in 2021’ predicts top London agency
Dexters plans to open six new estate agency branches in London this year, as it forecasts strong growth in both prime sales and lettings markets.
Foxtons snaps up West London lettings agency for £2.2m
Listed London estate agency Foxtons has made another lettings book acquisition, taking on Aston Rowe's entire lettings division.
Buying agency ramps up managed sales division with senior appointment
Mayfair-based buying agency Black Brick has recruited Hamish Bruce from Marsh & Parsons to lead its Managed Sales division.
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Savills announces latest raft of promotions
'The fact that we remain number 1 agent in the UK for sales above £500k is, to me, proof that our people development strategy is working', says UK resi boss Andrew Perratt.
Boutique agency expands with double acquisition in west London
Wilfords swoops on firms in South Ken & Notting Hill and eyes further targets in SW London.
Mayfair agency seals another super-prime deal as local market ‘booms’
Luxury Arts and Crafts townhouse on Aldford Street finds a buyer, following sale of £25mn former embassy on nearby Park Street.
Profits plunge at Savills as global property markets ‘normalise’
Global property consultancy reports a sharp contraction in revenue and profits, but Chief Exec Mark Ridley suggests 'most markets appear to be past the moment of peak uncertainty.'
By PrimeResi
New 42-storey tower promises to ‘put Earls Court onto London’s skyline’
The first phase of the long-playing 40-acre West London regeneration project will feature a striking 'sustainable beacon', a 4.5 acre public park, and up to 1,000 new homes.
By PrimeResi
Savills recruits JLL’s Dowling to lead Cheltenham team
Ken Dowling was head of JLL's Kensington office, but has now moved to the Cotswolds.
By PrimeResi
In Pictures: Inside a 10,000 sq ft Notting Hill super-home, asking £21mn
Remodelled 1850s villa has its own wellness centre and space for an art gallery.
Going under offer: How to buy a prime property from a receiver
Recent reports suggest a number of London’s most expensive residences are being sold as part of bankruptcy proceedings, as wealthy homeowners have their assets liquidated to pay down debts.
Government cracks down on long-term empty homes
100% council tax premium will come into force on 1st April.
Five Minutes With: Makoto Fukui of Schroders on delivering a super-prime build-to-rent scheme in PCL
'London is slightly playing catch up to the rest of the world when it comes to luxury BTR,' says fund manager for The Knightsbridge Estate.
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