Most Prime London homes are still being sold for less than their asking price
Prime London vendors are accepting an average of 3.6% less than their asking price, according to research by Benham and Reeves - but discounts are getting less chunky as the market bounces back.
Prime London ‘buying frenzy’ cuts price discounts & sales times
Q4 saw the average prime London property price rise by 3.6%, according to Coutts bank, taking it back to roughly the level seen just before the pandemic struck the UK.
Prime buyer demand rises in London, except for £10m+ homes
Estate agency Benham & Reeves has ranked which prime London areas and price brackets are seeing the highest levels of buyer demand.
Price rises are an ‘unmistakable sign of recovery’ for prime London’s property market
“We are not on the verge of the sort of dramatic double-digit bounce-back in prices,” says Tom Bill, head of UK residential research at Knight Frank.
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£15mn Clarges Mayfair apartment sparks global bidding war
The trophy residence overlooking Green Park sold sight unseen for ‘well above’ asking.
Boutique private office appoints Beauchamp’s Finch to lead property division
Paul Finch has joined Liberty Rock after nearly 20 years with super-prime agency Beauchamp Estates.
In Memoriam: London estate agency legend Tim Maskell, 1938-2025
'Tim’s legacy in the property market continues,' says Maskells' MD.
In Pictures: B&B Italia Group’s Maxalto designs ‘iconic’ Whiteley Clock Tower apartment
Clocking in at £24mn, The Whiteley's latest 'Designer Collection' apartment marks a European first for the 50-year-old interiors brand.
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.
Prime London 25: Introducing a PrimeResi Special Report
The evolution of London's luxury property market, 2000-2025: Our 75-page report charts a truly transformative period for both the property market & the prime residential industry.
Knight Frank announces new Henley office head
Nick Warner will hand the reins to Matt Davies next month.
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.
Westminster confirms launch date for new rental licensing scheme
Thousands of landlords across PCL will need to obtain licenses under the new rules.
Savills flags ‘historic value’ across prime London & regional markets
Some wealthy buyers 'seize opportunity' as property prices fall.
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Savills swoops on central London heritage planning consultancy
Real estate giant bolsters heritage-led planning and design capabilities with Citydesigner acquisition.
Ranked: The world’s most valuable housing markets in 2025
Global property values have fallen in US dollar terms, despite most markets seeing growth when measured in local currencies.
Grand Registry: Surveying last month’s biggest registered deals
A standout villa in Notting Hill topped the latest tranche of super-prime sales lodged with the Land Registry.
Industry Reactions: Mortgage lending bounces back from April’s slump
Fresh Bank of England data on mortgage approvals show increased activity in May - but 'are broadly consistent with a property market treading water,' comments Simon Gammon of Knight Frank Finance.
UK housing market faces a smoother ride in second half of 2025 – Knight Frank
As tariff turbulence appears to have peaked and the stamp duty disruption fades, the main risk over the next six months is the autumn Budget, explains the agency's UK resi research boss Tom Bill.