PCL Notes: On the two-tier market, localisation & the Autumn gamble
We may be in the middle of the worst economic crisis in living memory, but certain properties are still being fought over in Prime Central London, reports buying agent Karim Bazzi

Having worked in the Prime Central London property industry for several years, Karim founded Homes One in 2005. His aim was to set up a client focused, personalised and trustworthy search agency to help people in all aspects of their property purchase.
Hannah Aykroyd on PCL’s new two-tier market, and why buyers need to wake up
'Things have recently changed' in Prime Central London, says a top buying agent. 'It's important for buyers to forget what they've read over the past two years about markets going down, down, down'
The PCL sales market bear run looks to be nearing an end – JLL
Things are 'gradually turning a corner', says the agency, after recording an upturn in transaction levels and instructions, and price declines slowing across London's most expensive postcodes...
By PrimeResi
Values dip in the PCL lettings market as supply levels rise
Having failed to sell their properties at the right price, some landlords have made a return to the lettings market, says Knight Frank
By PrimeResi
Companies in this article
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SevenCapital gears up for £1bn London expansion
Birmingham real estate investor-developer announces brace of key hires & plans trio of major projects in the UK capital, delivering over 1,000 new homes.
Residence One sets up new £60mn scheme in St John’s Wood
Luxury developer acquires St Mark’s Court for the follow-up to its fast-selling Allen House project in Kensington.
Nicolas Van Patrick swoops on Aylesford International’s rental business
Boutique Knightsbridge agency boosts RBKC presence with latest high-profile acquisition.
Queen Anne ‘masterpiece’ hits the market on Chelsea’s Cheyne Walk
In Pictures: Historic trophy home overlooking the Thames is one of the most notable listings of 2025 so far.
Leading property PR agencies to merge
Chanel Bailey's Elevate & Adam Foster's Ellwood have joined forces to create 'a dynamic & expanded powerhouse in the industry.'
By PrimeResi
Knightsbridge apartment scheme pitched as London’s ‘ultimate multi-generational home’
In Pictures: Mdesign's ultra-prime boutique project on Pont Street is being marketed at £54mn.
Ten Charts: Inside Foxtons’ big turnaround plan
Latest annual report reveals how the high-profile agency is approaching risk & opportunity, creating a 'more respectful and inclusive environment' - and deploying 'growth mode'.
Weekly Showcase: Ten featured prime resi listings
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Luxury sector veteran moves back into super-prime property
Having set up a boutique estate agency in Mayfair in the 1970s, Anthony Lassman 'has come full circle' as his Nota Bene Global business adds a property acquisition service for HNWIs.
By PrimeResi
‘Footloose’ companies & HNWIs shift to new wealth hubs
Ranked: Savills' new Dynamic Wealth Indices identify which international cities are doing best at attracting & developing wealth & investment.
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