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
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.
Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.
By PrimeResi
Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
More speculation about potential tax hikes in November's Budget event.
By PrimeResi
Battersea Power Station owner reportedly mulls sale
It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.
By PrimeResi
Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.
Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.
By Lucian Cook
London letting agency under fire over Chancellor’s rental mis-step
Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.
By PrimeResi
Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.
Knight Frank concludes South of France partnership
Agency points to ‘evolving strategic priorities’ as it announces another change to its French network.
American super-agency Douglas Elliman expands into Europe
Philippe Curutchet, Fredrik Lilloe & Edward de Mallet Morgan are leading the luxury brokerage's French debut.
By PrimeResi
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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.
La dolce vita gets dearer: Italy doubles flat tax for wealthy new residents
As PM Meloni ramps up the annual levy for UHNWIs to help raise revenue, Knight Frank's Kate Everett-Allen explains the background to the changes & the implications for Italy’s luxury real estate market.
Industry Reactions: UK property transactions tick up
Housing market described as ‘remarkably resilient’ & 'broadly stable' as HMRC reports increase in September sales.
Development land market ‘under pressure’ as investors take pause
Sentiment in the UK's residential development land market remains positive, says Savills, but things are slow-moving.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.