Number of UK property firms in ‘significant financial distress’ rises by nearly a fifth
42,254 businesses red-flagged by Begbies Traynor in Q2, up 19% on the same period last year
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Number of property & real estate firms in ‘significant financial distress’ jumps by 13%
2019 was a particularly tough one for the sector, according to the latest Red Flag Alert data from Begbies Traynor
Ex-Savills man launches top-end Cornish property agency with an offline focus
Jonathan Cunliffe's new venture champions private listings and quiet marketing
Chestertons claims number one agency title in H1 with 12% of Prime London deals
The 31-branch firm has reported selling more central London properties than any other agency in the first six months of 2020.
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High-profile agent Tangney launches ‘modern private office’
Siân-Louise Tangney's new venture, Key Privé, has already chalked up a £200k-a-month off-market deal in Ascot.
Knight Frank & UK Sotheby’s land £25mn Ormeley Lodge instruction
Lady Annabel Goldsmith's 'exquisite' former home between Ham Common and Richmond Park comes to market after more than 50 years with the family.
In Pictures: Inside the first completed penthouse at Holland Park Gate
RedBook Agency & Taylor Howes collaborate on transformation of 5,500 sq ft duplex atop Lodha's super-prime scheme in Kensington, billed as 'one of London's most significant new luxury homes'.
Valouran promotes sales chief Leigh to partner
Industry veteran steps up at the luxury developer, where he oversees sales across a £4bn London portfolio.
Prime property price declines accelerate in ‘strong buyer’s market’
Savills expects 'increasingly cautious' London & regional top-ends to remain price sensitive in H2.
Global trophy homes go under the hammer in Mayfair
Concierge Auctions said £139mn in bids were placed during its latest London global sale at The Connaught, as buyers competed for homes from across the US and Europe.
Agency duo buy well-known SW London firm
Brendan Wynne & Fraser Allen are consolidating the 33-year-old estate agency's multiple branches into a 'hub office' in central Richmond.
Luxury PCL developer expands into the prime country market
Mayfair-based REDD says growing demand from UHNW clients is driving its move beyond central London.
Influential economists urge incoming PM to scrap stamp duty & council tax for 1% property value tax
UCL report backed by heavyweight thinkers proposes annual levy on property values as part of sweeping tax overhaul.
‘A hidden crisis’: How uninsurable properties are quietly stalling high-end transactions
While climate-related risk is widely discussed, the immediate impact on the luxury homes market is not, writes George Seatter - and insurance placement is emerging as one of the biggest deal blockers around.
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