Nicky Stevenson: 'A very different year beckons' in 2023
'Although the reputation of the UK suffered damage in the autumn, the stability afforded in recent weeks will do much to restore confidence,' says Fine & Country chief Nicky Stevenson, as she reflects on the past 12 months in property and politics.
 
        Nicky Stevenson is Managing Director at Fine & Country UK.
PCL property prices to climb 13.5% over the next five years, predicts Savills, as prime markets out-perform
            Savills has updated its five-year property market forecasts, predicting price drops in all regions and sectors in 2023.         
    Property transactions likely to drop by more than fifth in 2023 – UK Finance
            Britain's banking trade body expects the housing market to return to pre-pandemic activity levels next year.         
    Economists predict ‘at least 10%’ slump for UK & US house prices next year
            Credit Suisse has reiterated its prediction of a significant correction for global house prices.         
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
            A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.         
    UK buyer swoops on marquee penthouse at boutique Mayfair scheme
            Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.         
    Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
            More speculation about potential tax hikes in November's Budget event.         
    
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    Battersea Power Station owner reportedly mulls sale
            It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.         
    
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    Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
            2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.         
    
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    Private island in the Thames heads to auction
            Uninhabited ait near Shiplake 'might just be the Thames Valley’s answer to a beach hut', says Savills.         
    
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    Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
            As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.         
    
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    Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
            Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.         
    Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
            Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.         
    Industry Reactions: Renters’ Rights Bill gains Royal Assent
            New laws represent 'seismic' changes for landlords, tenants & letting agents.         
    
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