Mortgage sales have slumped 42% so far this year
New analysis shows London and the South East have seen the biggest declines in mortgaged transactions.
Dubai leads global super-prime sales bounce, as £10mn+ deals falter in London
International super-prime property market activity 'slowed noticeably' last year, says Knight Frank - but things perked up again at the start of 2023.
By PrimeResi
Mortgage approvals have fallen by 26% in the last year
Mortgage lending has dropped to the lowest level on record, if the period since the onset of the Covid-19 pandemic is excluded.
By PrimeResi
Prime London property sales are running 19% lower than last year, and 40% below 2021
At the halfway point of the year, new PrimeResi/LonRes data shows how far the London property market has cooled...
By PrimeResi
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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.
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.
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
In Pictures: LonRes Summer Party 2025
The property network & data firm marked 25 years in style with a sun-soaked bash in Belgravia.
In Pictures: St John’s Wood Police Station reworked as ‘design-led rental concept’
Gabriel Chipperfield's design & development studio Wendover repurposes a 'much-loved' neighbourhood building for modern living.
UK set for record wealth exodus in 2025
This is a 'pivotal moment' in global wealth migration, says Henley & Partners as Britain 'leads the world in millionaire outflow'.
By PrimeResi
In Pictures: Inside a Fontanella-designed ultra-prime mansion in Knightsbridge
Luxury developer Caudwell collaborates with top-end designer on £58mn Fonteyn House project, opposite the V&A.
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