Muted May for Prime London sales as buyers hold back
'Feedback from agents certainly points to a tricky market,' reports LonRes, as transactions tumble & price reductions soar.
Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Prime London sales dip after stamp duty rush; £5mn+ supply hits all-time high
Latest deal numbers from LonRes suggest strong March was a one-off, while other metrics indicate 'a market without much momentum'
Prime London sales market latest: Quiet December could be followed by a busy Q1
Transactions & values were both down on an annual basis last month, reports LonRes, but full-year numbers & forward-looking indicators are cause for optimism.
Most read
Deal sealed on landmark Georgian mansion in West London
The Grade I listed Walpole House on Chiswick Mall was asking £12mn and sparked competitive bidding.
Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
‘The government got it wrong’: Prime property insiders react to non-dom U-turn rumours
UPDATED: Key inheritance tax rule 'under review' amid wave of high-profile departures, reports suggest.
£15mn price tag for turnkey Mayfair townhouse with Omani royal provenance
Former private family office HQ on Chesterfield Hill has been transformed into one of the finest homes in the area, say agents.
Michael Caine’s former Oxfordshire estate listed for £10mn
Bucolic retreat with 600 feet of Thames frontage offers 'a true Swallows and Amazons lifestyle', say agents.
Super-prime developer shells out c.$100mn for trophy Dubai plot
25 Degrees is planning to create five top-end villas on the rare undeveloped parcel on Palm Jumeirah.
Inside Branded Residences: Six top operators reveal the secrets of successful schemes
Chris Graham of Graham Associates takes a deep dive into the branded residential sector, gaining fascinating insights from senior figures at leading operators Accor, Four Seasons, Hilton, Kerzner, Marriott…
In Pictures: ‘One of the grandest townhouses in Marylebone’ seeks £18.5mn
Happenings at Harley House are believed to have directly inspired a Charles Dickens novel.
Knight Frank relocates flagship Mayfair office
New location on South Audley Street places team ‘at the centre of one of the most significant prime and super-prime markets in London’, says high-profile agency.
Savills tees up specialist golf team
Property consultancy launches dedicated service to help buyers aiming in or around top UK & international golfing destinations.
LATEST ARTICLES
Trio of heavyweight Chestertons agents join Azar’s growing brokerage in PCL
Top-billing sales pros Rowland King, George Smith & Matthew Chard have signed to UK Sotheby's International Realty.
Show apartment specialists launch luxury design studio
Philippa Simpson & Karl Openshaw's Baya is setting out to 'challenge the conventions of high-end design'.
Fashion magazine announces second branded resi development
ANAX Developments is bringing forward ELLE-branded residences in Dubai.
Prime London rental growth holds steady
Activity levels remain constrained, reports LonRes, but there are some 'small positive signs'
Big mixed-use portfolio sold in St John’s Wood
'One-off' asset included 32 retail and 75 resi units.