PCL house market ‘renaissance’ as £5m-plus sales soar
New data shows a 140% leap in PCL house sales above £5m during the first four months of 2021, as the time taken to sell falls by 15%.
Prime London market busier than post-election bounce, as high-end sales continue to soar
The £5m-plus market has been flying over the last three months, reports LonRes, with exchanges up by nearly 20%.
Taking Stock: The impact of Covid-19 on the prime London sales market
The first hard data from before, during and after the lockdown period reveals how stock, price & activity levels have been affected across the prime postcodes
By PrimeResi
London was the biggest super-prime sales market in the world last year
Elite buyers dropped nearly US$4bn on $10m-plus properties in the UK capital in 2020, putting it ahead of traditional rivals New York and Hong Kong in the luxury real estate stakes.
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UK Sotheby’s lands former Carter Jonas heavyweight Macpherson in latest senior hiring round
Big-brand brokerage bolsters PCL and SW London teams with fresh wave of high-level appointments.
‘Exceptionally rare’ Cadogan Square cottage sells off-market
Freehold gem with garden and parking, available for the first time in half a century, changes hands following discreet campaign.
In Pictures: High-tech Hampstead mansion project pitched at £29.95mn
Recently-established agency Draper London has been instructed to sell a tech maven's north London work-in-progress, complete with 'Batcave' style basement.
By PrimeResi
Watch: Beauchamp boss reveals how billionaires really buy homes in Prime Central London
Veteran super-prime agent Gary Hersham discusses the psychology of trophy-home purchasing, shifting UHNW demand patterns - and why the very top end has effectively detached itself from the wider Prime…
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
In Pictures: Ashgrove Homes & Studio Indigo collaborate on Belgravia mews project
Luxury development and design teams complete 3,000 sq ft residence on one of PCL's sought-after cobbled backstreets.
Licence to Sell: Firethorn brings former Westminster ‘spy school’ to market
Agents instructed on 'landmark' London office block with MI5 links and consent for a significant resi reinvention.
Buxmead penthouse seeks £16.95mn after A-list tenancy
Marquee residence atop the Billionaires’ Row apartment scheme returns to market, billed as ‘one of the strongest offerings currently available in North London.’
By PrimeResi
Residence One expands into high-end construction
Luxury developer behind more than £400mn of PCL projects launches dedicated construction division as demand grows for experienced contractors.
Campions expands in SW London with Battersea & Nine Elms swoop
Agency group presses ahead with growth drive following recent acquisitions of Aston Chase and Madison Brook.
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Grosvenor backs Westminster resi scheme with £22.6mn loan
Prominent Vincent Square building is being reworked as 26 homes.
Savills cuts UK house price forecast; anticipates 2% decline in 2026
Property consultancy warns that 'conflict in Iran and the resultant rise in mortgage rates has fundamentally changed the outlook for the UK housing market.'
By PrimeResi
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
Major agency responds after reports over AI-altered listings
Winkworth says all franchisees are required to disclose digitally enhanced imagery and ‘must not misrepresent a property’ as national newspaper flags edited pictures.