Prime London prices post year-on-year growth for the first time since mid-2023
Supply is outpacing demand, but positive sign 'might motivate buyers to become more active,' suggests LonRes.
After a banner year in 2023, London’s ultra-prime property market tipped for more growth in 2024
Values & volumes in the £15mn-plus sector set to rise further over the next 12 months as more global billionaires put down roots in the capital.
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
London’s super-prime property market slumps to five-year low
£15mn-plus deals dropped off by a quarter in 2024, reports Beauchamp Estates, as tax hikes, non-dom changes & political uncertainty spooked billionaire buyers.
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DDRE Global adds more advisors; reports £145mn Q1 deal run
Five-year-old brokerage, now 50-strong, tucked away some big off-market transactions during the first quarter.
Reuben Brothers completes first resi phase of £1bn Piccadilly Estate
The AHMM-designed One Carrington has delivered 28 new luxury homes as part of a huge transformation underway in London's most exclusive neighbourhood.
Green light for £1.3bn West London brewery regen scheme
Squire & Partners-designed riverside development approved after a decade-long planning battle.
How top-end brokers are ‘quietly redrawing the contours of best practice in British estate agency’
A recent survey of prime property agents reveals a bullish view of business prospects, with positive takes on technology, leadership & more.
In Pictures: Turnkey trophy home in Regent’s Park lists at £34.75mn
Expertly renovated Grade I Nash mansion was formerly owned by the Royal College of Ophthalmologists.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Chestertons Global moves on Iraq with Baghdad office
Luxury property agency continues to target 'emerging & frontier markets' as it ramps up its international network.
Russell Simpson expands Kensington & Notting Hill sales team
Long-established boutique firm brings in former Dexters agent.
Tom Bill: ‘Wexit’ weighs on demand in Prime London markets
Average prices in PCL fell 1.6% in the year to April amid ongoing uncertainty around tax changes, reports Knight Frank's head of UK resi research.
Revealed: What does the ‘average mansion’ cost around Britain?
'Size doesn’t always matter,' says Savills, as the research team delves into what makes a mansion a mansion in different parts of the country.
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Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
In Pictures: French Riviera ‘Bond Villa’ returns to market
Villa Roc Fleuri was formerly home to Bond actor Sean Connery.
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
Property Industry Reactions: BoE cuts interest rates to 4.25%
Housing market leaders have welcomed the latest news from the Bank of England's Monetary Policy Committee.
PCL property & wealth management consultancy bolsters team
Mayfair-based Lanesborough Advisory installs Henry Browne as Partner and Co-Owner.