London property prices climbed by 3.6% in June – UK HPI
The latest official UK House Price Index tells us that the national average house price increased by 2.7% from May to June, taking the annual rate of property price inflation to 3.4%. A 3.6% monthly rise in London takes the annual change to +4.2%.
The Spectator: Why London is no longer the bellwether of property prices
It certainly doesn't feel like we are living through the longest property market crash in history, writes Ross Clark in this well-informed piece for The Spectator...
By PrimeResi
Competitive bids rise as London’s high-value property market rallies
Chestertons reports rising demand but continued short supply in prime London locations
By PrimeResi
Mapped: Average rental & sold prices across prime London this year
Latest visual from LonRes shows the spread of average rental prices per week and sold prices per square foot during H1 2019
By PrimeResi
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Rising star joins super-prime brokerage as its youngest PCL director
Chelsea specialist Jessica Moreton has made the move to UK Sotheby’s International Realty from Douglas & Gordon.
Homes of the Rich & Famous: Celebrity-owned properties sell twice as fast as ‘normal’ listings
An A-list occupant can generate a huge buzz for a new instruction, reports Beauchamp Estates, but the effect on the property's value is less obvious.
By PrimeResi
Savills installs new sales boss in Notting Hill
Dan Martin returned to the agency earlier this year following a stint at UK Sotheby’s International Realty.
Beyond interior design: St George MD on rethinking the role of the showhome
Marcus Blake talks us through the Berkeley Group developer's new creative direction, and shows off its first completed in-house design effort.
By Marcus Blake
Stamp Duty ‘should be abolished as part of a wholesale reform of property taxation’
'SDLT certainly should not be increased,' declares an in-depth new report by the Institute for Fiscal Studies, and 'a well-designed tax system would have no place for SDLT at all.'
By PrimeResi
‘Westminster’s fastest-selling luxury residential development’ reaches completion
With 70% of apartments sold before completion, Native Land heralds 'not only a design triumph but a commercial success' at 100 George Street.
By PrimeResi
Property industry reactions: Tories pledge to ‘abolish’ Stamp Duty
Stamp Duty is 'a bad tax, an un-Conservative tax', says Kemi Badenoch.
By PrimeResi
Five-star Belgravia project sets London price records
The Peninsula London has reportedly proved popular with billionaire buyers from the United States.
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
By PrimeResi
Luxury agency sells brace of storied PCL penthouses
Beauchamp Estates confirms sales of Belgravia and Marylebone apartments once home to Christine McVie and Mick Jagger, as part of a £100mn run of deals.
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Chestertons bolsters London super-prime lettings team
Big-brand estate agency eyes 'strategic growth' in top-end rental sector with new Head of Super Prime Lettings.
By PrimeResi
‘They want to come back’: Wealthy expats are holding onto London homes, says brokerage boss
UK Sotheby's International Realty's George Azar reveals the firm's latest sales figures, and says the capital's luxury housing market could rebound 'within three years' if the government rethinks its policies.
No such thing as bad publicity: On navigating negativity, noise & nuance in Prime London’s property market
Beyond the algorithm-driven echo chambers, prime buyers remain focused on quality and long-term value, report Richard & Sophie Rogerson.
Nest Seekers ramps up UK expansion with new recruitment campaign
Global brokerage unveils plans to grow its London team from new Pall Mall HQ.
Prime country house market ‘gains momentum’ as prices fall
Average country house prices have fallen -5.4% in the last year, reports Knight Frank - but the agency has seen a +9% increase in the number of offers accepted.
By PrimeResi