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.
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
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
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Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
In Pictures: Rare beachfront mansion in Beaulieu seeks £12.5mn
1914 Arts and Crafts-style pile in 20 acres brought to market after 70 years in the same family.
Super-prime property firm expands with new lettings division
New offering from The Private Office: Real Estate will be targeting the top-end of the rental market in Surrey and the South East.
Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
Cadogan portfolio value hits £5.7bn as Chelsea blooms
Great Estate reports 16.6% boost in operating profit and 11.8% jump in total income as investments & placemaking initiatives pay off.
UK proptech boss named ‘future leader’ in US real estate list
ADVSR co-founder Elliot Jones recognised by Inman as London-based global marketing platform passes $15bn in listings.
D&G brings in talent chief from Chestertons for UK growth drive
James Evans' firm is looking to double its headcount of self-employed brokers to 50 by the end of this year.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
UK non-dom tax shake-up built on flimsy foundations, report warns
Policy amendments are urgently needed to avoid a 'significant black hole' in the public finances, says former Treasury economist.
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Two-thirds of buyers offer under asking price, but only 4% of homes sell at a discount
'Buyers could be negotiating harder, although not all sellers are willing to budge,' says Barclays Bank.