Our greatest challenge remains the constrained levels of good quality stock: On buying prime property in the current climate
London’s high-end neighbourhoods are being sustained by international equity, short supply, and a more robust response to market sentiment, report Sophie & Richard Rogerson.
Richard Rogerson specialises in advising wealthy families and individuals on prime and super prime residential property in London. He has discretely advised on some of the most high profile, high value and highly sensitive transactions in London; Sophie Rogerson is the Managing Director of RFR and leads the Search & Acquisitions team, having spent the last decade finding and securing the finest homes in London for her private clients.
London’s super-prime property market ‘has very much found its feet again’ as transaction levels remain high
Spending on £10mn+ homes in London has reached a seven-year high, leading Knight Frank's Rory Penn to suggest that 'for now, the super-prime market in London has very much found its feet again.'
Encouraging lead indicators give rise to ‘cautious optimism’ in Prime London
'Buyers are still out there and they are keeping the market moving and underpinning values – at least for now'
Prime city markets ‘more resilient’ than country houses, says Savills
Prime property prices are falling across the UK, reports Savills, with more rural markets seeing the biggest declines.
By PrimeResi
Companies in this article
RFR PropertyMost read
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
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
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
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
‘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
Family office buys mixed-use property parade in South Kensington
Eastway Estates spent £11mn on the row of buildings on Bute Street.
By PrimeResi
More ‘legacy’ properties set to change hands in London this year, says top dealmaker
UK Sotheby's private office chief expects market confidence to build, with continued competition for the capital's best homes.
Japanese behemoth to buy top-end construction giant Multiplex
Multiplex's prime London projects include 30 Grosvenor Square, St John's Wood Square, The Broadway & Television Centre.
By PrimeResi
LATEST ARTICLES
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
Russell Simpson bolsters Mayfair lettings team
PCL specialist joins firm's Mayfair & Marylebone operation from Clifton Property Partners.
Industry Reactions: On early binding agreements & the government’s wider homebuying ‘shake-up’
Agents and conveyancers seem split on the latest proposals; there's a broad welcome for binding deals but some scepticism on sales packs.
By PrimeResi
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
Prime London rents rise at fastest pace in nine months
LonRes reports annual rental growth of 2.7% across the prime postcodes in May - but latest jump is 'more likely to be a coincidence' than a direct result of the Renters’ Rights Act coming into effect.