Main image: Borrowing power is down
Prime country buyers make their move as further rate rises loom
The number of offers accepted outside of London hit its highest level for 20 weeks in the seven days after the mini-budget last month.
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London’s super-prime sales pipeline surges as wealthy buyers return from the USA & Middle East
A busy summer of high-end dealmaking points to a strong sales season through to November at least.
Prime London buyers securing the biggest discounts in Mayfair & St James’s
The average reduction from the original asking price is at nearly 8% in PCL’s most expensive postcodes, according to new analysis
Buyers splashed nearly £500m on top-end country estates last year
Sales in the 10m+/100-acre category hit their highest level in a decade in 2021, with domestic buyers dominating proceedings
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Knight Frank brings in ex-CBRE director for new board-level role
Agency appoints Mike Knowles as Head of Lettings Business Development as part of wider lettings restructure.
Luxury brokerage declares £1.3bn in H1 sales
Overseas buyers accounted for 52% of the UK agency's deals, while new instructions topped £2.3bn.
Cluttons appoints top market analyst to lead resi business
Well-known research chief and former journalist steps up to lead major agency's residential division.
Art Deco gem in Notting Hill sells in off-market deal
'Landmark' £16mn residence was once owned by legendary soul singer Dusty Springfield.
des Forges: ‘When the London market turns up, it turns fast’
In Pictures: Top agents and designers gather in Knightsbridge to discuss the capital's prospects & evolving HNW trends.
UK Sotheby’s launches US buyer advisory
Veteran broker Jim Bell joins the Mayfair-based firm to help wealthy Americans navigate the UK's prime resi market.
Knight Frank promotes 129
UK business names 18 new Partners in latest promotions round.
In Pictures: Grosvenor Square emerges from £25mn redesign
Mayfair's historic public gardens to re-open after a significant revamp.
Financial Times: Is Rightmove taking us for a ride?
Influential journalist Jonathan Guthrie investigates the property portal's dominance, fees & standing in the industry.
Lucian Cook: Tax speculation returns but all of the complexities remain
Despite much chatter, 'the matter of whether [Andy Burnham] would pursue a substantial overhaul of property taxation remains one of conjecture,' counsels the Savills research chief.
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