Main image: Holland Park, London
PCL prices have fallen 5.9% in the last year – JLL
'The implications of stubborn inflation on the UK mortgage market are hampering activity in Prime Central London,' says JLL.
House prices have fallen 1.3% in the last six months, but activity is rising – Zoopla
Sales volumes are still on track to be 20% lower than last year.
By PrimeResi
Mortgage approvals have fallen by 26% in the last year
Mortgage lending has dropped to the lowest level on record, if the period since the onset of the Covid-19 pandemic is excluded.
By PrimeResi
Housing market continues to slow, with prices and transactions in decline – RICS
January's RICS UK Residential Survey show the most widespread property market decline since 2009.
By PrimeResi
Most read
DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Reuben Brothers completes first resi phase of £1bn Piccadilly Estate
The AHMM-designed One Carrington has delivered 28 new luxury homes as part of a huge transformation underway in London's most exclusive neighbourhood.
Green light for £1.3bn West London brewery regen scheme
Squire & Partners-designed riverside development approved after a decade-long planning battle.
By PrimeResi
How top-end brokers are ‘quietly redrawing the contours of best practice in British estate agency’
A recent survey of prime property agents reveals a bullish view of business prospects, with positive takes on technology, leadership & more.
By PrimeResi
In Pictures: Turnkey trophy home in Regent’s Park lists at £34.75mn
Expertly renovated Grade I Nash mansion was formerly owned by the Royal College of Ophthalmologists.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Chestertons Global moves on Iraq with Baghdad office
Luxury property agency continues to target 'emerging & frontier markets' as it ramps up its international network.
By PrimeResi
Russell Simpson expands Kensington & Notting Hill sales team
Long-established boutique firm brings in former Dexters agent.
Tom Bill: ‘Wexit’ weighs on demand in Prime London markets
Average prices in PCL fell 1.6% in the year to April amid ongoing uncertainty around tax changes, reports Knight Frank's head of UK resi research.
By Tom Bill
Revealed: What does the ‘average mansion’ cost around Britain?
'Size doesn’t always matter,' says Savills, as the research team delves into what makes a mansion a mansion in different parts of the country.
By PrimeResi
LATEST ARTICLES
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
By PrimeResi
Property Industry Reactions: BoE cuts interest rates to 4.25%
Housing market leaders have welcomed the latest news from the Bank of England's Monetary Policy Committee.
By PrimeResi
PCL property & wealth management consultancy bolsters team
Mayfair-based Lanesborough Advisory installs Henry Browne as Partner and Co-Owner.
Agency seals record-breaking deal in ‘London’s first luxury apartment block’
'Spectacular' £10.75mn duplex at Albert Hall Mansions was sold to an overseas buyer.
Buyer sought for Lutyens’ last country house masterpiece
Grade I Cotswolds mansion debuts on the open market, seeking offers over £18mn.