Main image: Prices in Belgravia & Knightsbridge are down by
PCL trophy homes renting for up to £1.3mn per year as wealthy buyers take pause
Concerns around Labour's tax policies are driving a luxury lettings boom in the capital's top neighbourhoods, reports Beauchamp Estates.
What to read next
Buyers spent a record £5.2bn on PCL property last year
...but prices and stock levels both fell in the final quarter, reports JLL.
Coutts flags ‘deep value’ in PCL heartlands as discounts hit seven-year highs
King’s bank points clients towards historic neighbourhoods still trading more than 20% below peak, as performance continues to diverge across the prime postcodes.
Top-end buyers hit pause as Budget fears stall £5mn+ deals
Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.
Companies in this article
Beauchamp EstatesMost read
Savills Private Office adds trio of HNW specialists in London & New York
Big-name appointments boost the firm's offering for the globe-trotting super-rich.
By PrimeResi
Daggers’ DDRE tops £200mn in 2026 sales; adds five more advisers
'Buying London' brokerage brings in new dealmakers and reports run of big-ticket transactions in town & country.
Knight Frank installs new Marylebone sales boss
A familiar face returns to Baker Street after a spell leading the agency’s core sales business in Knightsbridge.
Agency seals string of super-prime St George’s Hill sales
The latest big-ticket residence to change hands on the exclusive private estate was guided at £13.75mn.
Savills downgrades prime forecasts; no recovery for PCL prices until 2029
Prime London and regional property prices are likely to decline further next year, says top agency.
By PrimeResi
Former Lodha director joins country house agency
Independent firm brings in top-end operator to bolster its Cotswolds presence.
In Pictures: Albion Nord-designed South Bank penthouse pitched at £20mn
Braeburn's 3,800 sq ft 'sanctuary in the sky' comes with a 900 sq ft wrap-around terrace overlooking the London Eye and River Thames.
By PrimeResi
Landmark Nine Elms scheme brings in fresh design talent
Two top interiors studios join the teamsheet at the 57-storey tower, just over two years after sales launched.
London’s super-prime sales haul halves as trophy deals dwindle
Latest data tells of a comedown from Q2’s 'flurry of remarkable sales' in the UK capital, as Hong Kong topples Dubai for combined $10mn+ sales value.
By PrimeResi
Top law firm boosts private wealth offering with two new partners
Payne Hicks Beach brings in a new resi property head and a citizenship & immigration specialist to advise HNW clients.
LATEST ARTICLES
Friday the 13th: Microsoft outage hits PCL & raises completion-day concerns
Kensington & Chelsea warns of slower responses, with last year’s council IT shutdown still fresh in the memory.
Aman teams up with tennis legend for new ‘performance living’ brand
First stop for the new 'ultra-luxury' offering is Miami, where the hospitality group is planning a set of branded homes served by a 120,000 sq ft wellness centre.
In Pictures: Elicyon-designed penthouse at Lancer Square seeks £16.5mn
Charu Gandhi’s studio completes one of the long-running Kensington scheme’s final homes, taking its cue from the local antiques trade.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.
Wealthy clients turn to ‘private compounds’, says top designer
Taylor Howes founder reflects on how HNW wish lists have changed over the last three decades.