Off-plan sales numbers slip
The share of new homes being sold off-plan has fallen from a peak of 39% in 2016 (c.69,000 units) to 33% in 2020 (c.49,000 units), according to a new index from Hamptons.
New-build home deliveries sink by 15-20%, but development land buying activity remains strong
Savills saw more new-build homes reservations in Q3 this year than in any previous quarter on record, while development land buyers focus on smaller sites.
New-build homes now account for over a third of London’s super-prime property sales
Resilient demand in the face of uncertainty has boosted new developments' £10m+ market share from 18% to 34% in the last two years, reports Knight Frank, as the super-rich prioritise security and hotel-grade…
10% more property sales were agreed in 2020 than in 2019
The sales market has seen a busy start to the year, although asking prices have dipped in the last month as vendors price competitively.
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DDRE Global closes £67mn of deals in bumper January; signs more top-flight agents
One of London’s best-known property advisors, Simon Barnes, has joined Daniel Daggers' luxury brokerage.
‘The rarest of opportunities’: Buyer sought for brace of historic mansions in London’s legal land
34,000 sq ft project on Lincoln’s Inn Fields offers diverse possibilities, including one of the capital’s grandest & most architecturally significant period homes.
How London’s super-rich will live in 2025, according to a buying agent
PCL specialist Ranjit Thaker predicts these four trends will be big with wealthy homeowners in the year ahead.
Savills Private Office adds sports, media & entertainment specialist
Hugh Maconochie has joined the agency's HNW-focused division to lead the Sports, Media and Entertainment team.
In Pictures: Luxury brokerage lists £40mn super-home at The Glebe
Buying an apartment at the record-breaking boutique scheme in Chelsea is 'like acquiring a da Vinci', says firm launching one of the biggest instructions of 2025 so far.
Surprise result in £36mn Notting Hill moth mansion dispute
Judge rules super-prime home should be returned to the vendor after more than five years, in what lawyers call 'a really surprising' decision.
INHOUS names new Head of London Sales & Searches
Former Marsh & Parsons and Black Brick agent steps up at David Johnson's agency.
London resi veteran launches boutique buying agency
Matt Leitch's OQO London specialises in property searches & acquisitions for buyers & investors.
In Pictures: Hines reveals ‘visionary’ Thames-side mixed-use development
Trio of Foster + Partners-designed towers aims 'to push the standards of wellbeing beyond anything seen before in place design'.
Mercedes-Benz & Dolce&Gabbana launch lavish branded resi sales suites in Miami
JDS Development Group opens to the doors to a pair of remarkable marketing galleries in Florida, including a 'museum-like' residential debut for D&G.
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Well-known boutique agency moves into Mayfair
Hermione Russell & Ed Woolgar are leading Russell Simpson's third Prime Central London office.
In Pictures: Sims Hilditch completes £16mn show apartment at The OWO
West Country-based studio brings 'grand countryside aesthetic' to landmark PCL development.
John D Wood & Co. teams up with Coldwell Banker in Portugal
Top-end estate agency notes 'growing interest in international markets among British buyers.'
Ranked: Where sales stock levels have increased most in the last year
Nearly every part of England has more homes on the market now than at this time last year.
Arc & Co closes £26mn bridging loan in Knightsbridge
Deal tees up another high-end serviced apartment scheme in PCL.