PCL prices continue to fall, but there’s ‘early evidence’ of a transaction uptick
"It would be premature to suggest a recovery is underway" says Knight Frank
‘Relative stability’ over the Summer as house prices continue to climb
UK HPI indicates +8.4% annual property price inflation
Weakness in PCL demand ‘to continue until at least September’
Six weeks on from the election and the capital's supply and demand levels remain way off-kilter, according to these reports from buying agents on the prime front line...
Exchanges down and fall-throughs up but plenty of new applicants and stock for Chestertons
Chestertons has reported a 20% drop in the number of exchanges it put through in Q1, along with an 11% rise in the number of fall-throughs, compared with Q4 2014.
Most read
High-end brokerage adds trio of PCL specialists
United Kingdom Sotheby’s International Realty bolsters London sales team with more senior hires.
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
Knight Frank trims house price forecasts for 2025
But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.
Wealth industry awards recognise top HNW advisors
UK Sotheby’s International Realty picked up the Grand Prix 'Private Client Firm of the Year' at the 2024 Spear's Awards, while Becky Fatemi was named Property Broker of the Year.
Luxury housebuilder seeks financial support after ‘challenging year’
45-year-old firm specialises in delivering high-end family homes in London and the Home Counties.
In Pictures: Manchester’s ‘most expensive completed penthouse’ seeks £3.5mn
'Our Viadux penthouses bring to Manchester’s prime city centre a level of quality and sophistication that’s usually only seen in London,' says Salboy chief Simon Ismail.
Expert Views: Property industry insiders on the government’s latest leasehold reform plans
Lawyers & leasehold specialists weigh-in on a big update on leasehold reform - including that the 'two-year rule' for leasehold extensions ends in January
In Pictures: Design studio completes ‘spectacular’ Nine Elms penthouse project
1508 London delivers a lesson in 'soft minimalism' with this ethereal creation for an international client.
Chestertons appoints new Mayfair Sales Director
Elliot Fensom has been given a flagship Prime Central London role after a spell as the estate agency's 'Roaming Sales Manager'.
Storied Berkeley Square pied-à-terre seeks £6.5mn
Grand apartment building at No.48 has links to two British Prime Ministers.
LATEST ARTICLES
£8mn penthouse sold in Covent Garden’s biggest deal of the year
3,000 sq ft duplex came with two private terraces overlooking the famous Piazza.
Mapped: England’s most vulnerable areas to extreme weather
Insurance firm AXA has worked out which locations are at highest risk of climate change-induced flooding and extreme heat - and calculated the potential costs...
London Square signals high-end ambitions with debut PCL scheme
Aldar-owned property developer prepares to launch 'flagship' Westminster Tower project as part of new focus on luxury resi.
Former UK SIR Director signs with Harding Green
Jaishree Brice was Head of the India Desk at UK Sotheby's International Realty.
Prime London Property Market Snapshot: Week 47, 2024
PrimeResi's weekly market sit-rep, featuring the latest sales and lettings data from LonRes.