PCL vendors need to drop prices by 6-7% to secure buyers – Savills
Revised five-year forecasts predict more adjustments to come for the high-value homes sector
Huge rise in PCL tenancies as buyers turn to let
One of PCL's top lettings agencies has reported a massive 94% year on year increase in tenancies, seemingly driven by disappointed buyers giving up on the idea of finding their perfect pad.
Asking prices fall in May for the first time in five years
Rightmove recorded an unseasonal but not unpredictable fall in asking prices before the election.
New-build sales rise in London as overseas buyers maintain interest
Buyer demand for new homes in London remained robust during the choppy waters of Q1, according to some new stats on the boxfresh market from Molior and Chestertons.
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Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
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.
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.
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.
Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
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.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
400 agents join new members-only prime property network
Former Black Brick partner's venture has attracted key London players since launching last year.
Knight Frank relocates flagship Mayfair office
New location on South Audley Street places team ‘at the centre of one of the most significant prime and super-prime markets in London’, says high-profile agency.
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.
LATEST ARTICLES
Deal sealed on landmark Georgian mansion in West London
The Grade I listed Walpole House on Chiswick Mall was asking £12mn and sparked competitive bidding.
Tom Bill on unintended consequences, mortgage positivity & market momentum
Knight Frank's UK resi research boss decodes the signals from the latest economic and housing intel following a jittery spring market.
Home sellers ‘lower their price expectations’ to attract buyers
Rightmove reports an unusual June dip in average asking prices.
In Pictures: ‘One of the grandest townhouses in Marylebone’ seeks £18.5mn
Happenings at Harley House are believed to have directly inspired a Charles Dickens novel.
Easing demand ‘takes the heat out of the rental market’
But rental price inflation 'is unlikely to cool much further,' says Hamptons.