PCL sales volumes down by over a quarter on last year (but don’t panic, it’s ‘just a correction’)
‘Dramatic’ fall in PCL house sales (even for an election year)
A significant reduction in transactions is to be expected in an election year, but there have only been nineteen house sales across the whole of Belgravia, Chelsea, Knightsbridge and Kensington in…
By Prime Resi
Recession survivors see conveyancing volumes hit ten-year high
The total number of conveyancing firms active in the UK market last year (5,871) was down 24% on the 7,733 seen in 2007, which means that a whopping 1,862 firms have either exited the market or merged…
By Prime Resi
PCL transaction levels running at 35% below five-year average
In the first quarter of 2015, there were 35% fewer transactions across PCL than there were, on average, in the last five years, notes buying agency Turnbull Property.
By Prime Resi
Most read
Interview: Inside Strutt & Parker’s big bet on a ‘hybrid’ broker model
Exclusive: Sales chief Claire Reynolds explains how the agency's new brokerage will operate alongside traditional offices, what the move could unlock, and what it says about the industry’s evolution.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
By PrimeResi
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique property advisory firm after two decades at PV.
Success storeys: Top four development sales launches of last year revealed
Difficult market conditions haven't held these 'landmark' central London schemes back.
In Pictures: ‘World-renowned’ Scottish estate seeks £67mn
Tulchan is one of the great Highland estates. 'The opportunity it offers is unmatched in Scotland today,' says Savills.
By PrimeResi
Property prices are already ‘bunching’ around new mansion tax thresholds
'Some sellers are adjusting asking prices downwards,' reports big agency, as pricing strategies adapt to keep properties below the £2mn mark.
By PrimeResi
British property mogul reportedly sells $55mn NYC townhouse
One Hyde Park co-creator is said to have sold the property after acquiring a Midtown penthouse.
Prime property listening: five industry podcasts worth tuning into
Catch up on conversations with resi insiders in PrimeResi's regular round-up, featuring episodes from Knight Frank, Russell Simpson, Strutt & Parker & more...
RBKC approves 100% premium on second homes
Bills to double from 2026/27 as council moves to address £100mn-plus funding gap.
LATEST ARTICLES
Cluttons names new Head of Residential Management
Wayne Stanley was previously in charge of resi management for Howard de Walden Estates in Prime Central London.
By PrimeResi
In Pictures: One of London’s oldest houses comes to market
Rare 17th-century survivor just off the Strand recently returned to resi use.
The New 2% Club: Jamie Hope on pricing in Prime Central London’s leaner market
The era of the ‘comfortable 10% cushion’ is over, says boutique agency boss - today’s market rewards accuracy, not optimism.
By Jamie Hope
Marsh & Parsons director moves to Harding Green
Basile Burnel is the latest NW London specialist to sign up to the Kensington-based brokerage.
£9bn in property developer contributions ‘unspent’ in council coffers
The Home Builders Federation warns of a 'capacity crisis in local government' as significant funds appear to be in limbo.
By PrimeResi