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
Companies in this article
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SevenCapital gears up for £1bn London expansion
Birmingham real estate investor-developer announces brace of key hires & plans trio of major projects in the UK capital, delivering over 1,000 new homes.
Residence One sets up new £60mn scheme in St John’s Wood
Luxury developer acquires St Mark’s Court for the follow-up to its fast-selling Allen House project in Kensington.
Nicolas Van Patrick swoops on Aylesford International’s rental business
Boutique Knightsbridge agency boosts RBKC presence with latest high-profile acquisition.
Queen Anne ‘masterpiece’ hits the market on Chelsea’s Cheyne Walk
In Pictures: Historic trophy home overlooking the Thames is one of the most notable listings of 2025 so far.
Leading property PR agencies to merge
Chanel Bailey's Elevate & Adam Foster's Ellwood have joined forces to create 'a dynamic & expanded powerhouse in the industry.'
By PrimeResi
Knightsbridge apartment scheme pitched as London’s ‘ultimate multi-generational home’
In Pictures: Mdesign's ultra-prime boutique project on Pont Street is being marketed at £54mn.
Ten Charts: Inside Foxtons’ big turnaround plan
Latest annual report reveals how the high-profile agency is approaching risk & opportunity, creating a 'more respectful and inclusive environment' - and deploying 'growth mode'.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Luxury sector veteran moves back into super-prime property
Having set up a boutique estate agency in Mayfair in the 1970s, Anthony Lassman 'has come full circle' as his Nota Bene Global business adds a property acquisition service for HNWIs.
By PrimeResi
‘Footloose’ companies & HNWIs shift to new wealth hubs
Ranked: Savills' new Dynamic Wealth Indices identify which international cities are doing best at attracting & developing wealth & investment.
By PrimeResi
LATEST ARTICLES
Former PCL agency boss joins self-employed property brokerage
Ben Hopkinson has made the move to Moveli after 17 years at boutique firm Moretons, where he led offices in Westminster & Knightsbridge.
‘Modest growth’ for global house prices as markets ‘wait for rate cuts’
Knight Frank's index of property values in 55 international housing markets has fallen by 3.6% in real terms since 2022.
By PrimeResi
ATED receipts still on the rise
HMRC raked in £132mn from the Annual Tax on Enveloped Dwellings in the last 12 months, up 6% on the previous year.
Ranked: Britain’s top 20 prime locations for property buyers in 2025
National buying agency Garrington has identified 1,600 great places to live, with postcodes in Hertfordshire, Stirling and Tyne & Wear coming out on top for their 'optimum blend of high living standards,…
By PrimeResi
Propertymark rolls out ‘unified’ accreditation badge
The new logo aims to ape ABTA travel & Food Standards Agency hygiene ratings, but for the estate agency sector.
By PrimeResi