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".
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
‘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…
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Lomond buys 60+ branch London agency KFH
'It's a big one,' says CEO Ed Phillips, as Lomond makes its first business acquisition under new backer ICG.
Savills expands Private Office in London & Dubai
Commercial real estate specialists James Purdon and Edward Price join the consultancy's elite cross-border network.
Boutique luxury developers secure consent for ‘landmark’ Notting Hill scheme
Echlin & Bodker have been given the green light to create six luxury townhouses & two apartments on Lansdowne Walk.
Penthouse at forthcoming boutique Mayfair scheme achieves £5,000 psf
Half of the units at Three Kings Mayfair have been snapped up off-plan.
Prime Central London property prices likely to fall 4% next year, suggests Savills
Top-end residential markets are set to under-perform mainstream UK housing, says top consultancy.
Former Knight Frank chief to chair Grosvenor’s UK property business
Alistair Elliott will take over the high-profile role from Melanie Gee in January.
Prime London buying agency reveals top deals from £120mn year
'It is 100 per cent a buyers’ market', says Black Brick boss, trumpeting the firm's biggest acquisitions of 2024.
Trio of seasoned agents join The London Broker
Expanding high-end brokerage signs up Adam Carey, Silvina Paz & Ryan Steenfeld-Kristensen.
American brokerage giant Compass set to buy @properties & Christie’s International Real Estate
'Game-changing partnership' promises to 'take the Christie’s International Real Estate network to unprecedented heights' while giving America's biggest brokerage a presence outside the US for the first t…
Lloyds’ private equity arm exits major estate agency group
LDC will reinvest in Lomond alongside new investor ICG and the management, giving the acquisitive firm 'significant firepower to fuel the next phase of growth'.
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US & Middle East super-rich behind nearly half of £20mn+ London property deals
American & Gulf billionaires dominating PCL's trophy home market, with UK buyers making up just 10% of top-end deals, survey reveals
Lodha toasts ‘landmark’ year for super-prime Kensington scheme
Over 80% of first phase at Holland Park Gate now sold; recent flurry of high-end transactions included a £12.95mn show residence designed by Studio Lodha.
2025 outlook ‘uncertain’ after sharp decline in Prime London deals
Post-Budget slump in exchanges 'suggests momentum isn’t building convincingly yet', reports Knight Frank.
Tax & policy shifts to push prime rents up – Savills
But rental growth is likely to be much slower across Prime London and Regions in the next five years than in the five years just past.
EG magazine to close after 166 years
Long-running property industry title, formerly known as Estates Gazette, has been running since 1858.