Market Snapshot: The top 5% across England & Wales
"The housing market is showing a remarkable stoicism given the backdrop of unmet Brexit deadlines, 'flextensions' and a December election," says Fine & Country, although prices and volumes at the top-end continue to fall.
Market Snapshot: Belgravia bears up amid Brexit challenges
Buyers baulking at the prices in Mayfair and Knightsbridge are seeing a 'good value proposition' in neighbouring Belgravia, reports longstanding local agency Best Gapp, with some notable short-lease activity...
PCL prices are likely to rebound next year, rising 20% by the end of 2024
Prime Central London is set to become one of the UK's strongest-performing markets, predicts Savills, flipping a trend seen since 2014.
Surveyors reiterate call for Stamp Duty holiday following lockdown market ‘collapse’
RICS' measure of new residential property instructions fell to its lowest level on record in April (since at least April 1999).
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Talking Heads: Prime property industry reactions to the Budget 2025
A Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but our pundits are less sanguine about changes to landlords' income…
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
£10.95mn Regent’s Park mansion sold ‘within minutes’ of Budget speech
UK buyer accelerated exchange on Grade I listed residence after Chancellor delivered a softer-than-expected property tax package.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
Top buying agent launches independent firm
Lucie Hirst's new operation will specialise in high-end acquisitions across PCL & the Cotswolds.
Super-prime developer Binghatti appoints London sales lead
Dean Elgafar previously worked at Wetherell, Chestertons & UK Sotheby's International Realty.
£10bn Earls Court scheme gets green light from H&F
Borough's unanimous approval marks 'major milestone' for central London's biggest cleared development site.
Hoffen West acquires well-known PCL agency’s lettings & management book
26-year-old Belgravia specialist's portfolio will be integrated into Rupert Hoffen & Neil West's operation.
LATEST ARTICLES
PCL townhouse & rare Thames island lead record-breaking Savills auction
Firm's pre-Budget sale raised £79mn across 176 lots - the biggest haul of 2025.
Agency seals trio of £20mn-plus sales in St John’s Wood as top-end buyers pounce
Savills reports £130mn pre-Budget transaction flurry in prestigious NW London neighbourhood - and predicts a busier-than-usual close to the year.
Knight Dragon recruits new CEO to lead 150-acre Greenwich Peninsula project
Emilie Giles has taken the reins from Matt Hawkins.
Property consultancy faces six-figure fine for unauthorised works on Grade I listed building
Court rules Knight Frank made alterations to an historic building in Bath without the necessary consents.
Mortgage borrowing slipped back in October
Bank of England data reveals a decline in lending activity last month, as Budget-related speculation mounted.