London’s £5mn-plus sales market slows as election looms
Viewings are happening and demand is still there - but it’s just 'below the surface for now', reports Knight Frank.
Pre-election jitters hit London’s £5mn-plus market
Top-end sector continues to slow from its post-pandemic record high, but remains significantly stronger than the pre-pandemic average, reports Savills
Transaction volumes suffering in ‘subdued’ Prime London sales market
Things have been noticeably quieter in the prime postcodes over the summer, and the traditional autumn activity surge may not happen this year, warns LonRes.
Deals drying up in Prime London as sales market goes into holiday mode
Last month's activity was on the low side, even by July standards, and there are signs the £5mn-plus market is finally beginning to buckle.
Companies in this article
Knight FrankMost read
UK Sotheby’s lands former Carter Jonas heavyweight Macpherson in latest senior hiring round
Big-brand brokerage bolsters PCL and SW London teams with fresh wave of high-level appointments.
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
Watch: Beauchamp boss reveals how billionaires really buy homes in Prime Central London
Veteran super-prime agent Gary Hersham discusses the psychology of trophy-home purchasing, shifting UHNW demand patterns - and why the very top end has effectively detached itself from the wider Prime…
In Pictures: Ashgrove Homes & Studio Indigo collaborate on Belgravia mews project
Luxury development and design teams complete 3,000 sq ft residence on one of PCL's sought-after cobbled backstreets.
Art Deco-inspired ultra-prime mansion changes hands in Knightsbridge
Luxury developer sells pair of trophy homes - including the former residence of ballerina Margot Fonteyn - in fresh boost for PCL market.
Licence to Sell: Firethorn brings former Westminster ‘spy school’ to market
Agents instructed on 'landmark' London office block with MI5 links and consent for a significant resi reinvention.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
Buxmead penthouse seeks £16.95mn after A-list tenancy
Marquee residence atop the Billionaires’ Row apartment scheme returns to market, billed as ‘one of the strongest offerings currently available in North London.’
By PrimeResi
Residence One expands into high-end construction
Luxury developer behind more than £400mn of PCL projects launches dedicated construction division as demand grows for experienced contractors.
Campions expands in SW London with Battersea & Nine Elms swoop
Agency group presses ahead with growth drive following recent acquisitions of Aston Chase and Madison Brook.
LATEST ARTICLES
Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Savills warns of weaker year for prime property markets
'Market conditions have notably shifted' in the last six months, say analysts, as top-end price forecasts are scaled back again.
By PrimeResi
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
By PrimeResi
Camilla Dell: On the ‘extremely delicate business’ of negotiating in a buyers’ market
Vendors are 'on the ropes,' says buying agency boss, as she reports 'record discounts & exceptional value across Prime Central London'. But buyers still need a deft touch to secure a good price.
By Camilla Dell