‘London leavers’ spent 29% less on homes outside the capital in 2023
Londoners' spending on homes outside the capital has returned to pre-Covid levels, reports Hamptons.
More than one in five London homes sold in 2023 went above £1mn
17,590 properties have sold for more than £1mn in the capital so far this year - which is 21% of all resi transactions.
By PrimeResi
‘London leavers’ are now younger than ever as the capital’s price premium pushes people out
You can get a lot more property for your money outside of the capital; 953 extra square feet, on average, say LonRes & Hamptons as they analyse the latest trends in "London leavers".
By PrimeResi
Prime London Property Market Snapshot: Week 50, 2023
2023's seasonal property market slowdown is even more marked than in previous years, according to the latest LonRes prime London data.
By PrimeResi
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Self-employed broker agency buys rival
With backing from well-known property industry players, TAUK wants to 'consolidate the UK’s self employed agency space'.
By PrimeResi
Super-prime PCL agency reports ‘solid’ start to 2025, as international buyers drive £300mn deal run
'Price, presentation & protraction' are the key issues facing the capital's high-end resi market right now, says Beauchamp Estates; speculates Trump's new global order could boost demand.
Agency seals over £100mn of deals in Little Venice
Boutique firm reports run of high-end sales in the picturesque West London enclave, where - unlike in many parts of the capital - demand is outstripping supply.
Spring Budget 2025: The prime property industry’s hopes & fears
Our panel of luxury property leaders urges the Chancellor to ease the tax burden on residential transactions, and to make Britain a more hospitable place for international investors & HNWIs.
By PrimeResi
Nobu unveils plans for debut UK branded resi project
High-end hospitality group teams up with developer Salboy on £360mn scheme in Manchester, marking the A-list restaurant brand's first foray into Britain’s luxury real estate market.
Britain’s Best Places to Live in 2025
Saffron Walden in Essex has been named the best place to live in the annual Sunday Times Best Places to Live guide.
By PrimeResi
Rosewood launches first standalone resi scheme
Luxury hotel group's new boutique project in LA marks 'a monumental chapter in its residential journey'
Norway buys 25% of Shaftesbury’s Covent Garden estate
Norwegian oil fund strikes again in Prime Central London, acquiring another significant chunk of West End real estate.
By PrimeResi
Prime London prices post year-on-year growth for the first time since mid-2023
Supply is outpacing demand, but positive sign 'might motivate buyers to become more active,' suggests LonRes.
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London misses out on ‘global super-prime sales surge’
'2024 ended with a bang for super-prime markets,' says Knight Frank, but tax speculation dampened London's top-end.
By PrimeResi
Hamptons extends international network with top-end partnership in France
156-year-old estate agency has teamed-up with French luxury homes specialist Leggett Prestige.
By PrimeResi
UK is home to the highest property taxes in the developed world – claim
Real estate tax revenues account for more than 3% of GDP in seven major economies - with the UK at the top.
By PrimeResi
Spring Budget 2025: The prime property industry’s hopes & fears
Our panel of luxury property leaders urges the Chancellor to ease the tax burden on residential transactions, and to make Britain a more hospitable place for international investors & HNWIs.
By PrimeResi
Strutts strengthens National Country House Department
Longstanding agency recruits prime specialist from Curchods in 'strategic move' ahead of the busy spring period.