PCL prices now powered by <£2m market - Knight Frank
‘Political certainty’ drives asking prices to a new high
"The unexpected political certainty has helped to fuel a post-election price surge," says Rightmove, as average asking prices on the portal have jumped by nearly 3% in a month.
By Prime Resi
Geography Lesson: Redrawing the property market map
"Many local markets actually have a stronger correlation with a region other than the one in which they are physically located," says Savills' Neal Hudson, as he re-draws the UK property market map.
By Prime Resi
Prime asking prices fall for first time in five months
As Zoopla reveal that 37% of properties have had their prices reduced since being put on the market, PrimeLocation's Prime Property Index shows that prices in the top 25% of the market dropped for the…
By Prime Resi
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Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
By PrimeResi
Talking Heads: Prime property industry reactions to the Budget 2025
A Council Tax surcharge for high-value homes is 'probably the least worst outcome for owners of prime property', comments Savills, but our pundits are less sanguine about changes to landlords' income…
By PrimeResi
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Budget 2025: OBR leak confirms ‘mansion tax’ on £2mn+ homes from April 2028
Office for Budget Responsibility report published early 'in error' - including details of a new Council Tax surcharge on high-value homes.
By PrimeResi
Social Circuit: John Caudwell’s festive drinks reception at Mayfair House
Billionaire entrepreneur, developer & philanthropist hosts a seasonal gathering of political, charity & media figures at his Grade II listed private palace.
Budget 2025: Chancellor confirms a ‘mansion tax’ & higher rates on property income
High-value homes will face significantly higher Council Tax bills, while landlords will pay a larger share of their property income to HMRC.
By PrimeResi
International buyer lands £25mn Knightsbridge Gate penthouse
Marquee 6,214 sq ft residence drew multiple offers despite wider market caution.
Mansion tax modelling flags £13,700 bills for second homes
Hamptons analysis finds over 3,300 £2mn+ second homes exposed to dual surcharges as revaluation looms.
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
LATEST ARTICLES
Super-prime developer Binghatti appoints London sales lead
Dean Elgafar previously worked at Wetherell, Chestertons & UK Sotheby's International Realty.
By PrimeResi
Dubai marks five years of relentless price growth – but is the market past its peak?
Q3 data confirms an uninterrupted five-year rally that's seen the average villa price soar by nearly 125%.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Big-brand brokerage steps up Balearics push
Spain Sotheby’s International Realty adds new base in Palma as part of major roll-out in the region.
Planning nod for HollandGreen’s ‘fresh take’ on multigenerational living in Berkshire
'It’s about creating a home that adapts to people’s lives rather than the other way around,' says design studio of pioneering new project.