London Mayor & Westminster Council call for greater powers to tackle the capital’s empty homes ‘scandal’
Sadiq Khan wants to raise council tax on long-term empty homes to discourage absentee owners, and to 'make it easier' for councils to temporarily take-over under-used buildings.
Mayor of London demands new powers to control private rents
City Hall has published a report making the case for rent controls, amongst other 'fundamental' PRS reforms
By PrimeResi
Westminster Council ‘ready to lead’ on short-term rental regulation
'Short-term lets have been widely abused - when you have one residential block renting out more rooms than the Ritz every night, you know the system needs reform,' says the leader of Westminster City Council
By PrimeResi
Westminster Council defends ‘gifting’ policy
Council fends off new questions over conflicts of interest after staff receive 240 individual gifts in a two-year period
By PrimeResi
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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.
By PrimeResi
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.
By PrimeResi
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.
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
By PrimeResi
‘Game-changing’ new index promises transparency & clarity for luxury property projects
RedBook debuts 'industry-first' benchmarking tool for clients & advisors; reveals key insights into the design & construction sectors' 'world of smoke and mirrors'.
Wealth industry awards recognise top HNW advisors
UK Sotheby’s International Realty picked up the Grand Prix 'Private Client Firm of the Year' at the 2024 Spear's Awards, while Becky Fatemi was named Property Broker of the Year.
By PrimeResi
LATEST ARTICLES
Knight Frank trims house price forecasts for 2025
But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.
By PrimeResi
Uma Rajah on developing prime property opportunities in the Home Counties
CapitalRise boss explains why the firm has been expanding its loan book beyond the traditional PCL heartlands of Chelsea, Belgravia & Mayfair.
By Uma Rajah
Storied Berkeley Square pied-à-terre seeks £6.5mn
Grand apartment building at No.48 has links to two British Prime Ministers.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Knight frank, Hamptons, Foxtons, RedBook, Propertymark, Rightmove & more...
Native Land completes ‘Edinburgh’s premier residential offering’
The New Eidyn scheme has set new-build price records in the Scottish capital, claims developer.
By PrimeResi