Major drop-off in sales of London homes under construction
Central London’s ‘new-build crisis’: Over-supply and falling values are ‘a major concern’
Demand seems to be drying up for new-build apartments in central London as planning pipelines balloon, reports investment house London Central Portfolio, with a worsening case of over-supply - which the…
By Prime Resi
Construction activity escalates in London (but what’s happened to the planning pipeline?)
The number of units under construction in central London has hit record levels, reports JLL. The current figure of 30,700 is up 8% on H2 2014 and 18% in the last year.
By Prime Resi
Too Much Luxury: 1.6 new prime homes are being built in London for every one sold
London new-build homes 'will reach record levels in 2017' - but there's an oversupply problem at £1,000+ psf, says Savills
By Prime Resi
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New agency Draper London targets five-office PCL rollout
Founded by ex-Knight Frank and Aston Chase agent Craig Draper, the high-end firm is backed by former Greene & Co MD David Pollock.
In Pictures: $400mn LA mansion becomes world’s most expensive open-market property listing
Agents describe the eight-acre estate as the 'Crown Jewel of Los Angeles'.
By PrimeResi
UK Sotheby’s shrugs off market slowdown as Q1 sales hit £598mn
Top-end brokerage reports 'strong' start to 2026 with £1bn of property under offer, £4.15bn of stock on the market and 3,500 new registered buyers over £2mn.
Knight Frank cuts UK house price forecasts again
The outlook is not rosy for either prime or mainstream markets this year, but the property consultancy senses a 'change in political direction' before 2030.
By PrimeResi
In Pictures: 121-acre Victorian Surrey estate with cricketing pedigree asks £9.85mn
Designed by George Devey, the Grade II listed Sendholme comes with its own pitch and pavilion.
Nuhu-designed penthouse at Stirling’s Carlton Gardens scheme hits the market
Boutique agency lists 'showstopping' proposition just off the Mall for £13.9mn.
In Pictures: Soho House founder’s private Scottish island hits the market with £10mn eco-lodge plans
Inchconnachan has been listed for sale at £3mn as-is, or at £10mn for a turn-key luxury retreat delivered under the 'direction & vision' of hospitality maven Nick Jones.
By PrimeResi
Chestertons & Aston Chase owner buys another London agency
Campions Group confirms second business acquisition in the capital this month.
By PrimeResi
US buyers drive £16mn of deals at luxury Mayfair scheme
Penthouse at REDD’s 6 Charles Street changes hands amid a flurry of American-led activity.
Mapped: How prices & rents have shifted across London’s top neighbourhoods so far this year
Latest data shows sales values falling across most PCL areas, with sharper drops in some of the most exclusive markets.
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Interview: Knight Frank’s Peter Mayo on the changing role of auctions in the prime market
Agency's auctioneer and partner discusses outdated misconceptions, unusual lots and why more discretionary sellers are turning to the gavel.
Landlord exodus ‘overestimated’ says property portal as major rental reforms come into play
Yet data from both OnTheMarket and Savills confirm a clear rise in sales of former rental homes.
By PrimeResi
‘Luxury assets may be about to turn a corner’ – Knight Frank
The global luxury investment market appears to be stabilising after a 'volatile decade' for art, wine, jewels and the like.
By PrimeResi
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‘This is not the time to put on a brave face’: London property advisor urges financial candour from homeowners
Farnaz Fazaipour has some advice for HNW home-owners who 'bought into the hype cycles' of 2005, 2007 & 2014.
By PrimeResi