Offers accepted hit an all-time high in London during August
Another report on the post-lockdown Summer buying flurry, as Knight Frank reports "few signs of the high levels of demand we’re been experiencing since the market reopened abating."
London property buyers’ total potential spend has hit £52bn – Knight Frank
Activity may have plunged as a result of the ongoing Covid-19 lockdown, but lettings activity is on the rise and pent-up buyer demand is building, reports the agency.
By PrimeResi
KF saw more offers accepted in June than in any other month of the last 20 years, smashing the previous record by 46%
There's been an extraordinary release of pent-up demand in the sales market since lockdown restrictions were lifted. "The uncertainty is how long it can last," cautions Knight Frank.
By PrimeResi
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the…
By PrimeResi
Companies in this article
Knight FrankMost read
Budget 2025: The luxury property industry’s hopes, fears & expectations
PrimeResi has surveyed 50 industry leaders, including estate agency owners, sales brokers, buying agents, luxury developers, financiers, legal advisors, and more.
By PrimeResi
PCL agency co-founder joins UK Sotheby’s International Realty
George Vernon has taken up a Consultant Senior Lettings Director role at the luxury brokerage.
London estate agency announces major recruitment drive
Dexters wants to take on 200 new recruits via its Training Academy in 2026.
By PrimeResi
In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.
‘Ambassadorial’ St John’s Wood townhouse sells for £11.5mn
A £3.25mn price cut did the trick for the Grade II listed pile on Hamilton Terrace.
In Pictures: £27mn Rossetti-inspired penthouse launches at Marylebone Square
Marquee unit at long-running PCL project has been named after Christina Rossetti - and is being sold with a first edition collection of poems by the celebrated romantic writer.
Savills cuts mainstream house price forecasts again
Average property values likely to increase by 22.2% over the next five years, say analysts, as regional price divides narrow.
By PrimeResi
The London ‘anti-bubble’: Ollie Marshall on finding value amid the global froth
Bubbles are everywhere these days, writes top buying agent - but a growing cohort of investors is finding shelter & opportunity in the UK capital’s unloved prime property heartlands.
Westminster’s rental licensing scheme launches this month
New rules for some central London landlords kick in on 25th November 2025.
By PrimeResi
Chancellor ‘sets the context’ for tax-hiking Budget
Without making specific policy announcements, Rachel Reeves has indicated significant tax rises are coming this month.
By PrimeResi
LATEST ARTICLES
Property Industry Reactions: Interest Rates held at 4%
'If inflation stays on track, we expect to be able to gradually cut rates further,' says the Bank of England after a close call on the base rate.
By PrimeResi
My Property Career: Quickfire Q&A with Sharief Ibrahim
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
New sales & marketing boss at The OWO Residences
Alex Rusling will be leading sales & marketing activities at the super-prime Raffles-branded scheme in Whitehall.
Land Registry launches ‘ambitious new strategy’ to ‘unlock a faster, less stressful property market’
England & Wales's official property database has set out long-term priorities as it pursues 'the digital transformation of the property market.'
By PrimeResi
AHMM significantly expands exec board
Seven directors have joined the leading architecture firm's four founders at the top table.
By PrimeResi