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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Chestertons installs new sales heads in Knightsbridge & Kensington
30-branch agency announces senior appointments at two key PCL bases.
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In Pictures: Ransome’s Wharf launches with a ‘refined Chelsea-meets-Battersea aesthetic’
London Square's design team for the 118-home development includes Echlin, Fourfoursixsix, and 5PA Architects.
By PrimeResi
Home Counties estate agency recruits trio of well-known names
Phillip Armstrong, Marcus Gondolo-Gordon & Chris Humphrey have all joined house.Partnership.
By PrimeResi
PCL council warns cyber attack fallout is ‘ongoing and will take several months’
A cyber incident 'with criminal intent' has been causing havoc in Prime Central London since November, causing significant delays to planning decisions across Westminster and Kensington & Chelsea.
By PrimeResi
In Pictures: Super-prime townhouse hits the market on Chelsea Park Gardens
5,000+ sq ft Lutyens-inspired property, just listed at £12.75mn, has been extended with a dramatic basement.
Ground rents to be capped at £250 as leasehold reform gathers pace
Government publishes draft Commonhold & Leasehold Reform Bill, continuing a march to reform the 'feudal' leasehold regime.
Branded residential advisory scales up as demand accelerates
Riyan Itani's Global Branded Residences has added senior hires from Savills and Accor.
Behind closed doors: Saul Empson on the strange business of super-prime deal-making
In a new series for PrimeResi, seasoned buying agent Saul Empson reveals the absurdities and dramas that unfold behind the scenes of high-end property sales, from Notting Hill townhouses to country estates...
By Saul Empson
Chestertons names new Westminster & Notting Hill sales heads
Jon Chevalier & Pavol Miksa step up to lead sales in key PCL offices.
By PrimeResi
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