Nearly 1,700 PCL homes relisted or repriced as sellers struggle to secure buyers
AgentWise analysis finds 790 Prime Central London homes back on the market and a further 893 with reduced asking prices; Marylebone, Kensington and Chelsea among the most affected areas.
Average PCL price per sq ft at lowest level since 2012
Rising supply and dwindling demand are keeping values under pressure in the capital's most exclusive postcodes, reports LonRes.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
Winkworth eyes ‘delayed autumn bounce’ as buyers & sellers await clarity
Chief Exec Dominic Agace compares pre-Budget uncertainty to a general election, but says activity could pick up in December and January if fiscal measures prove less severe than expected.
Most read
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
By Yasmin Ulhaq
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
By PrimeResi
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
Family office buys mixed-use property parade in South Kensington
Eastway Estates spent £11mn on the row of buildings on Bute Street.
By PrimeResi
LATEST ARTICLES
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
Tom Bill: Burnham victory sparks questions on fiscal discipline & property tax reform
Victory in Makerfield will reignite debate over government’s economic priorities and possibility of property tax reform, says Knight Frank's head of UK resi research.
By Tom Bill
Government confirms homebuying shake-up to ‘slash delays, cut costs & stop sales falling through’
Proposals include upfront 'sales packs', binding contracts and possible mandatory agent qualifications.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes