Londoners buy a record number of homes outside the capital
London leavers bought 85% more homes outside the capital in the first half of this year than in H1 2019.
‘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 Londoners are looking beyond the capital in record numbers
43% of prime London home-movers in the last 12 months bought outside of the capital, says Hamptons International; that's a record level
By PrimeResi
‘Covid-19 has increased the desire to move home, with more space the key driver’ for prime buyers
The latest Savills buyer survey reveals "a greater urgency in the desire to move home", allowing the top-end estate agency to predict that the current surge in buying activity will continue beyond the…
By PrimeResi
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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.
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.
By PrimeResi
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
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.
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.
In Pictures: Paolo Moschino-designed mansion in St John’s Wood seeks £40k per week
Palatial 10,700 sq ft residence has been kitted out with an array of 'indulgent' amenities, including an Annabel's-esque private club room.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
By PrimeResi
Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
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.
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Hamptons recruits SW London specialist
Russell Gooden has been named as the agency's new Head of Sales for Richmond, East Sheen, Kew & Barnes.
In Pictures: Design studio completes ‘spectacular’ Nine Elms penthouse project
1508 London delivers a lesson in 'soft minimalism' with this ethereal creation for an international client.
Foxtons reports ‘a notable increase’ in London rental supply
The capital's lettings market is 'defying the typical seasonal slowdown,' says agency.
By PrimeResi
Mandarin Oriental debuts branded residences in Abu Dhabi
Property developer Aldar has launched sales at Abu Dhabi's first Mandarin Oriental Residences.
By PrimeResi
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'Our Viadux penthouses bring to Manchester’s prime city centre a level of quality and sophistication that’s usually only seen in London,' says Salboy chief Simon Ismail.
By PrimeResi