OnTheMarket claims ‘a transformative year’ as revenues fall but prospects turn up
Property portal made large losses in the 12 months to February after 'a year of consolidation and preparation' - but business looks to have drastically improved since floating on the AIM
UK high streets have shed 100 estate agent branches so far this year
A net loss of 100 stores between January and July puts estate agency amongst the hardest hit sectors on the UK high street, according to PWC & LDC...
By PrimeResi
Countrywide goes ‘back to basics’ after ‘disappointing’ year
More pain for the UK's biggest agency, as sales and lettings divisions post 45% profit plunge;
By PrimeResi
Developer launches a luxury property raffle platform, offering a £2m turn-key apartment in South Ken for £10 a ticket
London developer Gatsby Property is launching a new raffle platform, Cadivus, aimed at the prime residential market
By PrimeResi
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Knight Frank names new Senior Partner & Group Chair
Rory Penn is to succeed William Beardmore-Gray at the helm of the global property consultancy in April 2027.
Bentry lines up super-prime play in Hampstead after pre-Budget swoop
Investor-developer sees off strong competition to secure landmark Edwardian mansion for £16.4mn; plans to deliver around 50 top-end apartments as part of grand 'Sandringham-style' residence.
Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
London house prices to flatline until 2028 as prime markets ‘remain subdued’
Leading estate agency forecasts a property market 'power shift' as the capital's recovery is 'delayed' & regions significantly outperform.
By PrimeResi
Rare Bayswater development opp sells for £21mn
Former office building came with consent for a 17-unit apartment scheme designed by Ross Alexander Lambie Architects.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
High-value sales jump as Budget clarity brings ‘short-term relief’ in Prime London
£5mn-plus exchange volumes were 21% above the five-year norm last month, although PCL prices recorded their steepest annual fall since 2021.
Expert Panel: Prime Central London has hit a ‘critical inflection point’
Property & HNW industry leaders unpack the volatility, policy churn & changing buyer geography defining a new era for ultra-prime London.
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
By PrimeResi
Government confirms ‘developing approach’ to mansion tax valuations
Exchequer Secretary hints at how £2mn+ homes will be revalued for the new High Value Council Tax Surcharge.
By PrimeResi
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