Price reductions climb to a record high
38% of 2024's concluded property listings had their asking price trimmed at least once - but estate agents are not to blame for over-pricing, argues data company.
Industry Reactions: October’s UK HPI suggests rising house price growth
The average UK house price increased by 3.2% in the last year, while London's average has remained nearly static.
By PrimeResi
‘2025 could be the beginning of the price turning point for the London market’ – Rightmove
Property portal predicts a buyers' market across the UK next year, with more transactions and 4% growth for asking prices.
By PrimeResi
Buyers bag price discounts as Stamp Duty hike looms
'The chance of a sale agreed in December reaching completion before next April [when Stamp Duty bills will go up] is now close to a coin flip,' warns Hamptons.
By PrimeResi
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‘Trophy’ apartment on Mayfair’s Grosvenor Square sells for £19.75mn
PCL buying agency secures 'once in a decade opportunity' for longstanding client, negotiating more than £1mn off the asking price.
Top-performing European prime property markets to watch in 2025
Knight Frank forecasts price growth across Europe’s key cities & luxury resorts next year, with Stockholm out in front & London at the rear of the pack.
A fifth of estate agents plan to work through Christmas
Agency boss warns of 'burnout' as survey reveals no seasonal break for many brokers.
By PrimeResi
Boutique agency scores hat-trick of super-prime sales in Primrose Hill
House Collective's trio of £10mn-plus deals featured some rare large-scale family houses in the popular NW London enclave.
Guy Meacock: Why London continues to captivate American buyers
'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'.
By Guy Meacock
Building Businesses: 2024’s top prime estate agency mergers & acquisitions
Including changes at Chestertons, Christie's International Real Estate, Fine & Country, Foxtons, and a realm of boutique London firms - plus a big portal deal that did not happen.
By PrimeResi
In Pictures: Super-prime townhouse unveiled at RAMSA-designed scheme in NYC
Remarkable $16.95mn residence at boutique project The Henry promises the best of all worlds.
Behind The Schemes: Inside the cutting-edge transformation of London’s Harcourt House
Technology played a key role in creating one of the standout PCL schemes of recent years on Cavendish Square.
Knight Frank expands rural consultancy across Northern England
Cheshire office is 'the final piece of the jigsaw' in national expansion drive, says property consultancy.
By PrimeResi
Sims Hilditch brings in new marketing boss & boosts London portfolio
Interior design studio has delivered a number of high-end projects across PCL in 2024.
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