London house prices in negative territory for first time since the GFC
UK HPI: Annual rate of growth in the capital hits -1%, the lowest rate seen since September 2009...
What to read next
London house prices ‘show return to health for the first time in three years’
Property prices in UK cities have risen by an average of 2.9% in the last year, reports Zoopla; the number of London postcodes recording price falls has dropped from 82% last year to 23% in October.
Economists predict ‘a slow recovery in activity, but a relatively benign outcome for house prices’
House prices are likely to fall by 7% as a result of Covid-19, predicts Oxford Economics - but the risks are "heavily skewed" towards much, much bigger price falls of almost 40%...
FT: Is now the right time to buy property in London?
The Financial Times does a deep dive to find out if the London property market is really bottoming out
Most read
Power struggle at major family-run estate agency
Boardroom rift heads to the High Court as AIM-listed firm launches proceedings against its chairman.
Star Douglas Elliman broker targets London’s super-prime market
Luxury NYC specialist secures exclusive US representation for raft of landmark developments as American demand continues to build.
Prime London transactions up 14% as more buyers come off the sidelines
Knight Frank says buyers and sellers have become 'hardened to the volatility' as latest numbers suggest an improving picture across the prime postcodes.
Developer & contractor convicted over fatal London tower incident
Foster + Partners cleared of health and safety breaches over fatal Corniche window fall; St James and Lindner Prater found guilty.
Georgian gem changes hands on Fitzroy Square in off-market deal
Demand for best-in-class homes is driving top-end activity in PCL, says agency behind latest benchmark sale.
UK Sotheby’s recruits former Anderson Rose director
Scott Joseph will cover Prime Central and North West London from the brokerage's St John's Wood office.
‘A home is the centre of family life, not an untapped tax stream’: Wealthy London boroughs unite against ‘mansion tax’
RBKC, Westminster, Richmond & Wandsworth say residents could end up paying more than half of the proposed national levy.
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Rhodium hires former Nobu exec to lead global growth push
Dean Main's luxury property consultancy brings in Diane Daudin-Clavaud as Chief Development and Strategy Officer.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
LATEST ARTICLES
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
Asia-Pacific’s branded resi sector on track to double by 2032
Savills flags diversification over volume as the defining trend in APAC's branded residential sector.
Lichfields installs new Planning Director in London
National planning consultancy announces another 14 promotions.
Parisian hotel brand debuts branded residences in Miami Design District
The Fouquet's Hotel & Residences is Miami Design District's first resi development
Savills bolsters Edinburgh team with returning London director
Ele Ross returns to the Scottish capital after three years in Islington, where she advised on more than £150mn of sales.