Over half of prime London valuations are being marked down by surveyors, warns Coutts
Over the last 12 months, 52% of valuations in the capital's prime markets were revised downward before purchase, according to the Queen's bank, with average revisions ranging from 2.2% to 7.8%
Coutts: Low positive returns now best case scenario in prime London
With prices 'back to 2013 levels', the Queen's bank suggests clients err on the side of caution...
By PrimeResi
Prime new-builds grab market share in London – but over-supply is beginning to bite
New-build homes now account for nearly one in five £1m+ sales in London, says Savills, as it warns that "by 2020 the level of prime stock units on the market will reach an unprecedented high"
By PrimeResi
‘Green shoots’ in Prime Central London as super-prime stabilises
First stable quarter for £10m+ market in three years after surge of high-value deals...
By PrimeResi
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In Pictures: Park Modern penthouse pitched as ‘the finest new turn-key residence in London’
Listed at £42mn, the five-bedroom apartment features interiors designed by Fenton Whelan's in-house team.
By PrimeResi
‘Almost mythical’ Chelsea estate could be worth £250mn-plus, says luxury broker
Nest Seekers International’s Ali Khadir weighs in on significance - and speculative value - of landmark property in SW3, as billionaire owner voices disillusionment with UK.
£15mn Clarges Mayfair apartment sparks global bidding war
The trophy residence overlooking Green Park sold sight unseen for ‘well above’ asking.
Luxury property brokerage adds two more big-hitters in PCL
Alex Bourne & Danny Daniel join United Kingdom Sotheby’s International Realty, the latest additions to its growing team in the capital.
Non-dom changes create £401mn stamp duty ‘black hole’ – Knight Frank
Policy shift blamed for slump in £5mn-plus deals and mounting pressure on Treasury purse strings.
Berkeley names new Chair & CEO as profits dip
Housebuilding Plc aims for continuity leadership as Chair Michael Dobson steps down & a new ten-year strategy kicks in.
By PrimeResi
In Pictures: LonRes Summer Party 2025
The property network & data firm marked 25 years in style with a sun-soaked bash in Belgravia.
Prime London 25: Introducing a PrimeResi Special Report
The evolution of London's luxury property market, 2000-2025: Our 75-page report charts a truly transformative period for both the property market & the prime residential industry.
By PrimeResi
In Pictures: St John’s Wood Police Station reworked as ‘design-led rental concept’
Gabriel Chipperfield's design & development studio Wendover repurposes a 'much-loved' neighbourhood building for modern living.
UK set for record wealth exodus in 2025
This is a 'pivotal moment' in global wealth migration, says Henley & Partners as Britain 'leads the world in millionaire outflow'.
By PrimeResi
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