Main image: Map showing highest achieved weekly rental value in year to April 2017 (Knight Frank)
No let up for London’s super-prime rental boom
42 £5,000+ per week tenancies agreed in the first four months of 2017...
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Rental stock levels plummet across prime central London
The number of properties available to let across central London has fallen sharply, with one firm reporting that levels are down 22.5% on the same time last year.
By Prime Resi
Letting Up: Prime London’s rental market stays strong, but top end tipping to over-supply
London's prime rental market has seen the strongest annual rental growth in four years, and there's more to come through 2015 says Lonres in its Winter Residential Review.
Overview
By Prime Resi
Marylebone leads prime central London as rental values rocket
Formerly the poor neighbour of Mayfair, Knightsbridge, Belgravia and Chelsea, Marylebone has undergone a seismic transformation over the last few years.
By Prime Resi
Most read
Brokerage pulls off £48mn Belgravia hat-trick
Big-brand agency defies tough market conditions to complete three super-prime deals in as many weeks, as younger international wealth turns its attention to one of PCL’s traditional strongholds.
Strutt & Parker recruits PCL heavyweight to head Knightsbridge & Belgravia office
Jonny Fieldman has moved from Knight Frank to lead Strutt's Sloane Street operation, as the agency continues a high-level hiring spree in the capital.
By PrimeResi
Knight Frank adds four more London brokers to affiliate network
Latest recruits take on key patches across South West, West and North London as agency presses on with rollout of its US-style broker model.
‘The industry is changing dramatically’: Russell Simpson’s Bertie Russell on growing the family business & the future of prime agency
INTERVIEW: PCL agency boss discusses carving out a place between the corporates and brokers, pushing into new prime London markets and keeping the boutique edge.
£13mn Wentworth trophy home sparks competitive bidding
Agency reports ‘robust’ demand for best-in-class homes as British buyer snaps up standout new-build residence on the exclusive private estate.
Savills profits jump 47% despite UK resi slowdown
Boss Simon Shaw is 'delighted with the significant improvement in performance' - although the UK residential business saw revenue & profits decline in H1.
By PrimeResi
London’s super-prime market goes into summer recess
Latest LonRes Data: Under-offer numbers halve as £5mn+ deals and new instructions fall sharply amid 'uncertainty and a lack of urgency'.
Malins Group rolls out private client arm
Property group launches new division for owners restoring, remodelling and creating ‘exceptional’ homes.
New price benchmark set at Marylebone scheme
Warwick Investment project nears sell-out after one-bed pad achieves more than £2,000 per sq ft.
Big London agency reports 22% drop-off in buyer registrations
Chestertons flags steepest annual fall in prospective buyers since last November amid political and tax uncertainty.
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Knight Frank bolsters London-based Turkish team
Two new recruits join as agency reports ‘significant’ flow of capital from Turkey into the new homes market.
£500mn RBKC scheme ‘back on track’ after Ardmore collapse
Construction restarts on 462-home project under new main contractor as developer reports nearly £40mn of early off-plan sales.
Regent’s Park trophy home hits the market at £15mn
Grade I listed residence comes with views over the park and its famous boating lake - and towards one of the most expensive properties ever sold in the UK.
Deal sealed on £15mn Claudio Silvestrin-designed Hampstead villa
The near-8,000 sq ft LA-style residence, described as the ‘epitome of minimalist cool’, went to a European family relocating to London.
Required Reading: Government rewrites planning rulebook
The revised National Planning Policy Framework has landed, heralding some significant changes to England's planning regime. Here's what prime resi professionals need to know...
By PrimeResi