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.
Most read
Well-known RBKC specialist returns to Savills
Dan Martin made the move to luxury brokerage UK Sotheby's International Realty in 2023.
£38m Belgravia mansion sold in London’s first super-prime deal of 2025
Five super-wealthy buyers were fighting it out for the 9,000 sq ft Grade II listed townhouse on Wilton Crescent over the festive period.
International buyer swoops on £26.25mn Mayfair mega-lateral
Fairway Capital sells 'palatial' residence in former Rolls Royce HQ on Old Park Lane; reports £120mn 'wave' of deals to buyers from the UK, Middle East & Asia.
St John’s Wood super-home project goes for £2mn above guide
Multiple bids went in for the 'best-in-class' 10,000 sq ft new-build scheme, which was being offered with a top-tier design team already in place.
Savills PCL teams toast £100mn festive deal flurry
Prime Central London agency & resi development divisions report 'one of their strongest ends to a year' after HNW buyers splash out on mansions & penthouses.
London’s super-prime property market slumps to five-year low
£15mn-plus deals dropped off by a quarter in 2024, reports Beauchamp Estates, as tax hikes, non-dom changes & political uncertainty spooked billionaire buyers.
Harding Green signs former UK Sotheby’s International Realty MD
Guy Bradshaw will focus on Cheshire’s high-value property market as part of the 'freelance' brokerage's expanding network.
Harrods Estates names new Knightsbridge sales manager
Well-known dealmaker steps up at PCL agency's flagship branch.
Luxury brokerage sets up new Private Client Service
New end-to-end offering from United Kingdom Sotheby’s International Realty will connect ultra-prime property markets including the UK, UAE & Saudi Arabia.
Strutt’s former rural chief teams up with top buying agent for new venture
Jess Simpson & Matt Sudlow have launched Stoneacre Advisors to provide private clients with advice on high-value, complex, rural property transactions.
LATEST ARTICLES
The Future Is Green: Property industry insiders on balancing luxury & sustainability
Members of The Luxury Property Forum share expert insights into how the prime resi industry is embracing the challenges & relishing the innovations of taking a more sustainable approach...
Savills Ski opens in Gstaad
Lucinda Brousse is running the new Swiss office.
‘Promising permanence in uncertain times’: Luxury design firm predicts six key interiors trends for 2025
Future heirlooms, home bars & mood-enhancing hues will be high-up on clients' wish lists in the year ahead, says Taylor Howes.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
‘January sales in full force’: 35% of property listings have seen a price reduction
Ranked: Which regions are seeing the most asking price cuts?