May saw subdued spending and lending, say banks
House purchase and remortgage approvals by lenders dipped in May
London’s prime property market dip to drive a £1.6bn cut in this year’s SDLT receipts
Stamp duty receipts "so far this year have been much weaker than expected" says the OBR
By Prime Resi
Mortgage lending drops in London
Lending in London tailed off in 2014's Q4 says the Council of Mortgage Lenders, as the levels of both house purchase and remortgage lending fell both year-on-year and quarter-on-quarter.
By Prime Resi
Iranian buyers gear up for £6bn overseas property spending spree
London, Dubai, Switzerland, Germany and the South of France could be in line for a £6 billion wave of investment from UHNW Iranian property buyers over the next 5-10 years, according to new predictions.
By Prime Resi
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In Pictures: Park Modern penthouse pitched as ‘the finest new turn-key residence in London’
Listed at £42mn, the five-bedroom apartment features interiors designed by Fenton Whelan's in-house team.
By PrimeResi
‘Almost mythical’ Chelsea estate could be worth £250mn-plus, says luxury broker
Nest Seekers International’s Ali Khadir weighs in on significance - and speculative value - of landmark property in SW3, as billionaire owner voices disillusionment with UK.
Charted: The evolution of London’s prime property market, 2000-2025
Exclusive LonRes data reveal which parts of the capital’s prime property market have seen the most significant price growth over the last 25-years.
By PrimeResi
Luxury property brokerage adds two more big-hitters in PCL
Alex Bourne & Danny Daniel join United Kingdom Sotheby’s International Realty, the latest additions to its growing team in the capital.
Non-dom changes create £401mn stamp duty ‘black hole’ – Knight Frank
Policy shift blamed for slump in £5mn-plus deals and mounting pressure on Treasury purse strings.
£15mn Clarges Mayfair apartment sparks global bidding war
The trophy residence overlooking Green Park sold sight unseen for ‘well above’ asking.
Investor swoops on pair of Knightsbridge apartment buildings
Boutique PCL agencies collaborate on big-ticket deal just around the corner from Harrods.
Itani expands Global Branded Residences with significant new hires
Aldo Flakstad has moved from Knight Frank in Italy; Anna Carner joins from JLL in London.
By PrimeResi
Winkworth expands prime London network
Franchisee Neil Sloam branches out with new operation covering Belsize Park & Hampstead Village.
Berkeley names new Chair & CEO as profits dip
Housebuilding Plc aims for continuity leadership as Chair Michael Dobson steps down & a new ten-year strategy kicks in.
By PrimeResi
LATEST ARTICLES
Seismic Shifts, 2000-2025: The global events that moved the needle on London’s prime property market
Cathy Hawker explores how the fluctuating fortunes of Prime Central London can be tied to major international economic events of the past 25 years.
By Cathy Hawker
CBRE picks new CEO for UK & Ireland Advisory business
Property consultancy hires investment banker to succeed Ciaran Bird.
By PrimeResi
Westminster confirms launch date for new rental licensing scheme
Thousands of landlords across PCL will need to obtain licenses under the new rules.
Global luxury rental market levels out after ‘exceptional expansion’
Latest data points to a 'more mature' phase of the cycle, reports Knight Frank.
In Pictures: High-spec Nash townhouse overlooking Regent’s Park seeks £15.95mn
8,000+ sq ft Regency-era residence has been kitted out with some impressive leisure facilities.