Momentum builds in Prime London’s sales market, but price growth remains ‘stubbornly flat’
Relative normality returned last month after a record-breaking October, although wider data points to improving activity levels; agents prepping potential buyers & sellers for 'renewed push' in the new year.
Prime London sales market ‘bursts into life’ with best October since 2013
LonRes reports 'substantial turnaround' as transactions jump 55% year-on-year, while a significant rise in under offer numbers bodes well for Q4.
London’s super-prime market ‘remains resilient’ as international buyers secure trophy homes
£10mn-plus deals were flowing in PCL during Q3 as top-end purchasers reacted to some political certainty.
‘An unsettled summer’: London’s prime sales market slows but ‘underlying demand is holding up reasonably well’
Even by usual summer holiday standards, August was a quiet one in the prime postcodes, reports LonRes.
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NPPF 2024: Eight key planning policy changes & points of note
Savills highlights important changes to the National Planning Policy Framework affecting housebuilders in England, following the government's 'landmark overhaul' of the planning system this week.
‘Trophy’ apartment on Mayfair’s Grosvenor Square sells for £19.75mn
PCL buying agency secures 'once in a decade opportunity' for longstanding client, negotiating more than £1mn off the asking price.
In Pictures: REDD launches ‘world-class’ luxury resi scheme in Mayfair
Top-end project on Charles Street broke the £5,000 psf barrier during a successful off-market sales phase.
Top-performing European prime property markets to watch in 2025
Knight Frank forecasts price growth across Europe’s key cities & luxury resorts next year, with Stockholm out in front & London at the rear of the pack.
Evolving expectations & industry disruption: Andrew Deverell-Smith on the changing landscape of talent in the prime resi market
Real estate recruitment guru reveals what top candidates in the residential sector really want, and how the major property agencies are adapting their strategies amid a surge in independent operators.
Native Land promotes Gray & Clarke to executive directors
Nicholas Gray & Dan Clarke join the board, taking on key roles as the major developer drives portfolio expansion.
A fifth of estate agents plan to work through Christmas
Agency boss warns of 'burnout' as survey reveals no seasonal break for many brokers.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Government unveils ‘landmark overhaul’ of the planning regime
'Today’s landmark overhaul will sweep away last year’s damaging changes and shake-up a broken planning system which caves into the blockers and obstructs the builders,' says Housing Secretary Angela…
Chestertons Global targets expansion to 30 countries by the end of next year
Estate agency network is eyeing 'emerging and frontier markets' including India, Australia, Portugal and Iraq.
LATEST ARTICLES
Momentum builds in Prime London’s sales market, but price growth remains ‘stubbornly flat’
Relative normality returned last month after a record-breaking October, although wider data points to improving activity levels;
Tax changes may ‘tip the balance away from buying’ for HNW movers to London
Properties achieving more than £2,000 per week are already making up a larger proportion of the market, reports LonRes.
Building Businesses: 2024’s top prime estate agency mergers & acquisitions
Including changes at Chestertons, Christie's International Real Estate, Fine & Country, Foxtons, and a realm of boutique London firms - plus a big portal deal that did not happen.
Boutique agency scores hat-trick of super-prime sales in Primrose Hill
House Collective's trio of £10mn-plus deals featured some rare large-scale family houses in the popular NW London enclave.
Behind The Schemes: Inside the cutting-edge transformation of London’s Harcourt House
Technology played a key role in creating one of the standout PCL schemes of recent years on Cavendish Square.