Majority of £1m-plus sales are now happening outside of London
The capital’s share of the high-value market has fallen below half for the first time on record.
£5m+ sales up 10% in Prime London as wealthy buyers shell out for space
'What has changed is that purchasers are buying larger properties and spending more in higher price brackets', reports LonRes.
Record month for Knight Frank’s London sales teams
Monthly and quarterly records fell as buyers rushed to beat the stamp duty deadline.
Prime market accounting for 12% of London sales
3,381 £1m-plus resi sales were lodged with the Land Registry in the capital during H1, with 117 breaching the £5m mark.
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Buyer exchanges on £70mn London property in pre-Budget mega-deal
What jitters? Agency ties up one of the largest super-prime sales of 2024, just days before the biggest fiscal event in years.
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
Required Reading: The Autumn Budget 2024 for HNWIs & business owners
Mishcon de Reya's legal & tax experts talk us through the key points & policies announced by Chancellor Rachel Reeves - including significant changes to Stamp Duty & Inheritance Tax.
Foxtons buys two commuter-town estate agencies
The acquisitions expand Foxtons Group's network into 'new complementary growth markets', adding thousands of tenancies to the Plc's lettings portfolio.
‘Back-to-brick’ renovation in Chelsea delivers trio of rental apartments
Boutique developer reinvents period mansion block on Sloane Gardens, with a modern take on traditional British design.
Second-home buyers race to beat SDLT deadline
UPDATED: Agencies finalise series of 'rapid' high-end sales in Prime Central London following surprise tax hike announced in the Autumn Budget.
Agency ties up England’s biggest land sale of the last 30 years
The Wildlife Trusts have agreed to acquire the 9,500-acre Rothbury Estate, which has been in the Percy family for seven centuries.
Tom Bill: What does the Budget mean for the UK residential property market?
Knight Frank's head of UK resi research summarises the key takeaways from Rachel Reeves' big speech & looks at the likely impacts on the real estate sector.
LATEST ARTICLES
Grand townhouse near Harrods heads to auction, guided at £9.25mn
Grade II six-storey specimen is one of the largest on Knightsbridge's Montpelier Square.
Major mortgage lenders back ‘greenprint’ for eco-minded property finance
Linking long-term loans to properties rather than people could promote more energy-efficient retrofits, argue lenders.
Senior Jackson-Stops agent moves to Harding Green
'The UK property industry is shifting toward a more client-focused model,' says Alexander Leon as he joins the self-employed broker platform in central London.
Corporate relocation agency launches private clients division
Belgravia-based R3Location now provides personal property search & acquisition services, in addition to its established corporate relo offering.
‘Majority of landlords undeterred’ by higher Stamp Duty, claims London agency
An extra 2% on the SDLT surcharge for additional homes is "a slightly bitter but manageable pill to swallow," says Benham and Reeves boss Marc von Grundherr.