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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Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
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Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
By PrimeResi
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
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Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Mapped: Which parts of London face the greatest subsidence risk?
Latest British Geological Survey projections pinpoints central and northern boroughs as future hotspots, with potential implications for key housing markets.
Referrals lead the way for prime buyer enquiries, survey finds
Industry relationships are becoming increasingly important as activity goes 'off-portal', says AgentWise.
Renters’ Rights Act yet to shift London market, says Foxtons
May was the first full month with the Renters' Rights Act in force 'and the most remarkable thing is how little changed,' says estate agency.
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Moveli adds Bristol new homes specialist
Tori Le Masurier spent the last five years with Knight Frank.
By PrimeResi