Prime London property transactions jump 14%; instructions up 9% – but prices fall
New LonRes data for Q3 tells of a markedly busier Summer compared to last year in prime London - although the market above £5m remains subdued
Prime London’s property market recovery has been ‘paused’
The annual rate of property price inflation in prime London turned positive for the first time since 2015 in Q1, says Savills. But the Coronavirus pandemic has put a stop to the burgeoning market recovery.
By PrimeResi
Under offers piled up as the lockdown halted prime London’s property market recovery
Nearly a third (30%) more London homes were marked as "under offer" at the end of March compared to the same time a year ago, according to LonRes data mined buy Coutts bank, as deals piled up under the…
By PrimeResi
Central London property transactions jump – but buyers remain ‘cautious & price-sensitive’
Winkworth has reported a 48% surge in central London buying activity (15% ahead of the five-year average), but still describes the market as "muted".
By PrimeResi
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Daggers: UHNWIs ‘want every reason to come back’ to London
UK capital is 'the best city in the world by a mile... We just need to get our shit together,' super-prime broker tells The Times.
Global brokerage reveals its biggest deals & listings of the year
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Foxtons moves into new HQ
High-profile agency relocates after 24 years to 'state‑of‑the‑art' digs just across the road in Chiswick Park.
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Latest data shows £5mn-plus exchanges jumped 29% in Q4, although prices continued to slide across the capital's top postcodes.
Savills names new office heads in Oxford & Cardiff
Gemma Chandler and Jonathan Latham take over from Richard Binning and Chris Potts, respectively.
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