Prime Central London property prices and rents continue to climb
'We sense increased downward pressure on both prices and activity in the year ahead' for mainstream property markets, says JLL's research chief - 'but we don’t think this is necessarily the path the prime markets will follow.'
What to read next
Prime London property exchanges at third-highest level in five years as prices continue to climb
But the majority of October's property exchanges in prime London still originated in deals done before the first national lockdown, says Knight Frank.
House prices continue to climb despite falling buyer demand – RICS
"It is little surprise that housing market activity is now losing some momentum," says the RICS - but most surveyors "still anticipate prices will be modestly higher than current levels in a year’s time.
Buyer demand builds in Prime Central London
Property prices dipped in PCL in Q2, reports JLL - but the estate agency has seen a sharp rise in potential buyers registering with its central London offices.
Companies in this article
JLLMost read
Knight Frank launches ‘second phase’ of broker recruitment drive
The big-brand estate agency has received 130 enquiries from would-be self-employed brokers so far, with eight being appointed in the last eight weeks.
By PrimeResi
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
By PrimeResi
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
By PrimeResi
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
High-profile buying agency toasts 20 years in business
Sloane Square-based firm reveals acquisition record and says industry shifts have made the market 'increasingly difficult' for buyers to navigate.
Super-prime agent vents fury at ‘ransom note’ portal bill
Trevor Abrahmson has shared Glentree's internal numbers to highlight how much each lead costs.
By PrimeResi
International buyer picks up £7.9mn St John’s Wood pied-à-terre
Longstanding listing changes hands as wealthy buyers continue to target large family homes in NW8.
Mapped: How Prime London prices & rents have shifted over the last three months
Latest data reveals what's been happening at neighbourhood level.
LATEST ARTICLES
UK millionaire population falls to lowest level since Global Financial Crisis
Think tank estimates a 7% decline in the national millionaire headcount last year.
By PrimeResi
What do the wealthiest want? Four questions, 32 experts, ten key findings
'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.
By PrimeResi
Burnham ‘rules out’ scrapping Stamp Duty in the next Budget
But other reports suggest the new government is 'actively looking' to replace council tax & stamp duty with a new system.
By PrimeResi
King Charles’ favourite architect steps down after six decades
Classical architecture heavyweight Quinlan Terry has retired as senior partner of his Dedham-based firm, handing the reins to long-time collaborator Roger Barrell.
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
By PrimeResi