One in eight properties sold above asking price in August
13% of homes went for more than their original asking price last month, according to Propertymark, up from 8% in July and 10% in June.
One in nine properties sold above asking price in February, but more deals are taking longer to complete
The number of properties selling for more than their asking price increased to one in nine (11%) in February, according to Propertymark - the highest level since August last year, and the highest February…
Extending the Stamp Duty holiday could double the rate of house price inflation in 2021, predicts agency
"The prime and super-prime markets will continue to break away from the core housing market" in the coming year, forecasts Jackson-Stops.
Annual house price inflation climbed to 2.5% in August – UK HPI
London's average property price has escalated back to its 2017 high, according to the latest official UK House Price Index.
DDRE Global signs super-prime specialist from Knight Frank
Former KF partner Jessica Bishop is the latest name to join Daniel Daggers' brokerage-style firm.
Top-end property agency to open flagship Mayfair showroom as new owner looks to ‘transform’ luxury market
UK Sotheby's International Realty is rolling out some 'transformative' changes - including three new high-profile locations - designed to 'reshape the way exclusive real estate is bought, sold & rented'…
‘Incredible’ Marylebone penthouse snapped up off-plan for £6.3mn
Boutique agency tucks away marquee apartment at the forthcoming W1 Place on Portland Street.
Top prime resi architecture practice rebrands
PDP London is now Studio PDP.
Move over Mayfair: Knightsbridge market ‘finally turns a corner’ as apartment living makes a comeback
Harrods Estates highlights a resurgent super-prime market around its famous namesake department store, with buying and development activity outpacing pre-pandemic levels.
Top lighting design consultancy opens studios in London & Dubai
Founded in Hong Kong 30 years ago, Light Directions is a brand partner of design giant HBA Group.
Chestertons recruits Foxtons’ Ops Director to lead Kensington sales
Seasoned PCL estate agent Ian Barrett has moved from Foxtons to Chestertons on Kensington High Street.
New UK-focused real estate agency launches in Dubai
Qima Real Estate is offering GCC buyers 'easy access' to some of London's top schemes.
Savills acquires leading Portuguese property agency
Portugal 'is a key growth area for us', says Savills UK & EMEA boss James Sparrow.
National Trust buys Lutyens & Jekyll masterpiece in Surrey
Designed by Edward Lutyens for influential garden designer Gertrude Jekyll, Munstead House 'is an 11-acre horticultural gem', says the new owner - which plans to open the Arts & Crafts house and grounds…
Historic Herefordshire estate hits the market after ‘a quite extraordinary renovation’
The Sir William Chambers-designed Poston House has been meticulously refurbished at the hands of Francis Sultana, creating an outstanding country estate - which is now on the market.
Global HNWI population & wealth sees biggest decline in over a decade
The super-rich are now prioritising wealth preservation rather than wealth creation, says CapGemini.
$37mn Miami Beach penthouse promises the ‘highest level of luxury coastal living’
First penthouse to list at new OMA-designed project, The Perigon, will come with over 6,500 sq ft of outdoor space.