PCL prices prove resilient as demand recovers faster than supply
“It feels remarkably similar to the period that followed the EU referendum,” says Knight Frank's Head of London Residential Research, Tom Bill. "It will take a while for the market to find its feet."
PCL prices are likely to rebound next year, rising 20% by the end of 2024
Prime Central London is set to become one of the UK's strongest-performing markets, predicts Savills, flipping a trend seen since 2014.
By PrimeResi
Supply & demand bounce back, but 81% of properties are still selling below asking
'It’s evident that buyers and sellers are no longer waiting for the outcome of Brexit and want to get things moving,' says NAEA chief
By PrimeResi
Agents see more deals per branch, despite falling supply & demand
'Sales are still happening at the rate we would expect to see at this time of year', says the National Association of Estate Agents
By PrimeResi
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Budget 2025: The luxury property industry’s hopes, fears & expectations
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Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
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In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.
In Pictures: Trophy apartment at Clarges Mayfair lists at £39.5mn
Buyer sought for 4,650 sq ft sub-penthouse with two roof terraces at the prestigious development opposite Green Park.
La dolce vita gets dearer: Italy doubles flat tax for wealthy new residents
As PM Meloni ramps up the annual levy for UHNWIs to help raise revenue, Knight Frank's Kate Everett-Allen explains the background to the changes & the implications for Italy’s luxury real estate market.
Westminster’s rental licensing scheme launches this month
New rules for some central London landlords kick in on 25th November 2025.
By PrimeResi
Tom Bill: Mansion tax plans resurface as Prime London prices slide
Just over 150,000 properties in England & Wales would be affected by a rumoured levy on homes valued above £2mn, reports Knight Frank’s head of UK residential research - with two London boroughs accounting…
By Tom Bill
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