Market Snapshot: Prices, transactions, lending and construction
A handy summary of what's been happening both in Prime London and nationally...
Spring market in full bloom, but transactions still 35% lower than ‘normal’
The property market is at the vanguard of the UK's wider economic recovery, says Carter Jonas in its Spring Review, with house prices and transaction numbers rising pretty much across the board in England…
Market Snapshot: Prime Central London begins to turn around
"Trends in price growth in central London are pointing towards an end to the falls we saw in 2016" - Knight Frank
House prices to rise by 8% next year as new instructions “close to stagnating” – RICS
An "acute imbalance between burgeoning buyer demand and sluggish supply" will drive house prices up by 8% in 2014, according to the RICS, as new instructions to estate agents are "close to stagnating".
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Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.
London Square unveils plans for £240mn Chelsea scheme
Assael Architecture-designed proposals involve 42 new homes and a £13mn National Army Museum extension.
Super-prime brokerage reports ‘strong sales with significant deals’ – transacting over £400mn in Q3
International buyers accounted for more than two-thirds of deals handled by UK Sotheby's International Realty.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Borough by Borough: Charting short supply & rising prices in London’s housing market
CBRE's annual Borough by Borough report reveals a tapestry of local performance alongside over-arching trends shaping the capital's residential market.
Renters’ Rights Bill clears parliament
Letting agents face big changes to accountability & compliance, as rental sector reforms await the Royal rubber stamp.
Fine & Country expands into Holland Park
Ben Madden's West London team has taken on the estate agency brand's licence for the affluent area.
UAE mega-developers to merge
'Milestone' deal creates a 'powerful, future-ready entity' to bring forward ambitious residential & resort projects.
LATEST ARTICLES
UK buyer swoops on marquee penthouse at boutique Mayfair scheme
Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.
Private island in the Thames heads to auction
Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.
Major Irish agency expands with key hires & Knight Frank acquisition
Sherry FitzGerald has bought commercial real estate advisor Knight Frank Ireland, and recruited four senior names from Colliers to its residential business.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Postcard from the Cayman Islands: ‘Lifestyle is as important as investment’
Jeremy Hurst shares his view on the low-tax tropical enclave's developing luxury property scene - partly fuelled by an influx of UK non-doms.