PCL market moving again as vendors ‘over-compensate’
Average asking price reduction in the £1m-5m range was just shy of 10% over the last year - more than enough to account for the higher transaction costs, says Knight Frank
Average asking price reduction in the £1m-5m range was just shy of 10% over the last year - more than enough to account for the higher transaction costs, says Knight Frank
Price reductions plummet as London market ‘starts moving again’
'This has been the most encouraging start to the year we’ve witnessed since the EU referendum result', says Chestertons boss Guy Gittins, but there's still no sign of a pick-up in supply levels...
By PrimeResi
New-build discounts & dollar buyers: PCL market trends to watch in 2019
2019 will be 'a year like no other', says Mayfair agency Black Brick, as it picks four key themes to look out for in the 12 months ahead...
By PrimeResi
PCL market gathering momentum as investors come off the sidelines – LCP
Latest update from London Central Portfolio shows a 37.9% jump in quarterly transactions - the biggest such rise in over two years...
By PrimeResi
Companies in this article
Knight FrankMost read
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
By PrimeResi
RBKC signs off on £10bn Earls Court scheme
Decision completes dual-borough backing for the transformation of central London's biggest cleared development site.
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
By PrimeResi
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Branded Residences: Louis Keighley on what’s still missing from the sector
Savills' Global Residential Development Consultancy chief identifies three big opportunities in the rapidly expanding branded resi arena...
Building Legacies: Michael Houlding of Boldfort on delivering London’s top-end homes
Interview: MD of longstanding family-run contractor reveals what it really takes to create dream residences for UHNW clients, from Belgravia to Notting Hill.
PCL to underperform against ‘modest’ UK property price growth in 2026 – Chestertons
The market is beginning to stabilise, says leading estate agency, with house prices predicted to rise by only 1-2% across the country next year.
By PrimeResi
LATEST ARTICLES
Life Goes On: Charlie Ellingworth on the Budget aftermath & prospects for 2026
Property Vision's co-founder reflects on the damage done to the property market and wider economy in 2025 – but notes some encouraging signs for the year ahead...
1720s Bloomsbury gem with A-list fashion pedigree hits the rental market
In Pictures: Grade II* listed early Georgian townhouse on Great James Street was restored by the co-creators of US labels Skims and Good American.
Royal Assent for ‘landmark’ Planning & Infrastructure Bill
'It’s time to get on with the job and build baby build,' declares Housing Secretary Steve Reed as long-awaited legislation becomes law.
By PrimeResi
Industry Reactions: BoE cuts interest rates to 3.75%
Central Bank confirms sixth rate cut since August, as inflation eases further towards target.
By PrimeResi
Country house market set for ‘buoyant’ start to 2026 following ‘record-breaking’ December
Buyer & seller confidence is 'really returning across the market,' says Strutt & Parker's Oliver Custance Baker.
By PrimeResi