London’s super-prime market returns to pre-Brexit heights as wealthy buyers splash over £3bn on £10mn+ homes
Political uncertainty now creeping in again after top-end market enjoys best year since 2016.
What to read next
London’s super-prime sales pipeline surges as wealthy buyers return from the USA & Middle East
A busy summer of high-end dealmaking points to a strong sales season through to November at least.
‘Reassuringly uneventful’: Stability returns to the prime London market, for now
'Some will be reassured by the current period of uneventfulness and take it as an opportunity to act', suggests Knight Frank, but this rare window of calm is unlikely to last...
Is London’s super-prime building boom over?
New data reveals a dwindling pipeline of ultra-luxury developments in Prime Central London - but demand is continuing to surge.
Most read
High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
‘The product has to work harder than ever’: Dean Main on developing, managing & future-proofing super-prime homes
The Rhodium and Henigman boss gives PrimeResi the inside track on how top-end demand is shifting in London - and reveals what separates the very best schemes from the rest.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
‘One of the most beautiful houses in Oxfordshire’: ‘Bohemian sanctuary’ with romantic roots seeks £14.25mn
Newington House was built in the style of an Italian Palazzo, and later became something of a hub for literary high society.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Global super-prime market rebounds, with London back in the mix
Knight Frank tracked 636 US$10mn-plus resi deals worth US$11.4bn in Q1, with London climbing to fourth globally by deal volume as Dubai, Hong Kong and New York led the strongest quarter in a year.
Influential economists urge incoming PM to scrap stamp duty & council tax for 1% property value tax
UCL report backed by heavyweight thinkers proposes annual levy on property values as part of sweeping tax overhaul.
LATEST ARTICLES
Agency duo buy well-known SW London firm
Brendan Wynne & Fraser Allen are consolidating the 33-year-old estate agency's multiple branches into a 'hub office' in central Richmond.
‘A hidden crisis’: How uninsurable properties are quietly stalling high-end transactions
While climate-related risk is widely discussed, the immediate impact on the luxury homes market is not, writes George Seatter - and insurance placement is emerging as one of the biggest deal blockers around.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
Luxury PCL developer expands into the prime country market
Mayfair-based REDD says growing demand from UHNW clients is driving its move beyond central London.
Prime London rents gather pace as supply squeeze bites
Prime Outer London is currently seeing the strongest growth in two years, reports Knight Frank.