PCL prices fell 1.9% in 2024
Buyers & sellers 'remain cautious' says Savills, as full-year data reveal price declines in Prime Central London & in Prime Regional property markets.
Property market is ‘poised for a period of stability & soft growth’ in 2025 – Jackson-Stops
Mainstream house prices will generally "remain on a par with 2024" next year, suggests the estate agency after quizzing its agents around the UK - but there are likely to be notable differences between…
By PrimeResi
‘2025 could be the beginning of the price turning point for the London market’ – Rightmove
Property portal predicts a buyers' market across the UK next year, with more transactions and 4% growth for asking prices.
By PrimeResi
Light at the end of the tunnel? Savills expects UK house prices to rise 23% over the next five years
Savills has issued fresh forecasts for the mainstream housing market, with an optimistic outlook for less turbulent times ahead.
By PrimeResi
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In Pictures: $400mn LA mansion becomes world’s most expensive open-market property listing
Agents describe the eight-acre estate as the 'Crown Jewel of Los Angeles'.
By PrimeResi
In Pictures: Soho House founder’s private Scottish island hits the market with £10mn eco-lodge plans
Inchconnachan has been listed for sale at £3mn as-is, or at £10mn for a turn-key luxury retreat delivered under the 'direction & vision' of hospitality maven Nick Jones.
By PrimeResi
US buyers drive £16mn of deals at luxury Mayfair scheme
Penthouse at REDD’s 6 Charles Street changes hands amid a flurry of American-led activity.
Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
Knight Frank notches up £173mn of prime country sales in Q1
Correctly priced homes are still attracting competitive interest despite an uncertain backdrop, says agency.
A buying agent’s view: On holding positions, spring optimism & a market in search of stability
Jamie Freeman discusses fragile confidence, lifestyle-led demand and why off-market deals are on the rise.
‘Last man standing’ London set for H2 inflection, predicts agency
The capital's prime resi market is overdue a resurgence in 2026, suggests one bullish property firm - citing a 'structural decline of every serious global alternative'.
Jo Eccles: Overconfidence is costing buyers in the core market
Eccord's MD runs through three key themes in the PCL market this month, including a disconnect between buyer expectations and reality - and why it's becoming harder to correctly interpret pricing.
By Jo Eccles
Savills appoints two new heads of lettings in south west London
Aaliyah Joumana & Morgan Frewin will lead departments in Bishops Park & Richmond respectively.
Interview: Knight Frank’s Peter Mayo on the changing role of auctions in the prime market
Agency's auctioneer and partner discusses outdated misconceptions, unusual lots and why more discretionary sellers are turning to the gavel.
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Tom Bill: Mixed signals from housing market as political & monetary uncertainty drags
Buyers and sellers face Bank of England caution and questions about the government’s direction of travel, explains Knight Frank's head of UK residential research.
By Tom Bill
Revealed: How much the new ‘mansion tax’ will cost before implementation
The incoming High Value Council Tax Surcharge is likely to cost 'almost £400mn before a penny is collected' - then generate around £1.4bn for the national coffers in its first three years of operation.
By PrimeResi
‘Absolutely brutal pricing’ now the only way to get activity, says top PCL agent
Winkworth flags 'major reset' as market adjusts to a new reality.
Lai among senior hires as UK Sotheby’s bolsters PCL line-up
Brokerage's recruitment drive continues as top-end operators join from firms including YOUhome and Chestertons.
International demand for UK homes has dropped 10% in the last year
American interest has climbed as European demand dwindled and Middle Eastern buyer numbers dropped sharply.
By PrimeResi