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%.
House prices fall as the property market continues to slow – RICS
'The downturn in the housing market this time could be shallower compared with past experiences,' says Simon Rubinsohn, Chief Economist at the Royal Institute of Chartered Surveyors.
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
Supply and demand dip as property market chills
'We are on the cusp of seeing the sales market hand back purchasing power to buyers,' says Propertymak, 'which is a trend we haven’t seen in months as the market was very much in the seller’s favour.'
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In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
Global sports star nets Bugatti-branded penthouse
Developer Binghatti reveals A-list buyer at latest ultra-luxe project in Dubai.
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In Pictures: Extraordinary Jersey mansion seeks £35mn
This 'Mayfair specification' super-prime house overlooking St. Brelade's Bay is 'the ultimate retreat for discerning homeowners', say agents.
Estate agents report another rise in agreed sales
Propertymark expects home buying & selling activity to 'accelerate over the coming months moving into 2025.'