Prime London sales dip after stamp duty rush; £5mn+ supply hits all-time high
Latest deal numbers from LonRes suggest strong March was a one-off, while other metrics indicate 'a market without much momentum'
London records worst month for £5mn-plus sales since 2008
The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.
Prime London sales market latest: Quiet December could be followed by a busy Q1
Transactions & values were both down on an annual basis last month, reports LonRes, but full-year numbers & forward-looking indicators are cause for optimism.
Momentum builds in Prime London’s sales market, but price growth remains ‘stubbornly flat’
Relative normality returned last month after a record-breaking October, although wider data points to improving activity levels;
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Reality bites in Prime Central London as buyers step back & sellers cut prices
Recent tax changes have led to falling sales and downward price pressure across the capital's top postcodes, reports Knight Frank.
Super-prime brokerage to rev up PCL expansion with trophy Knightsbridge base
UK Sotheby's International Realty is taking over a former McLaren showroom at One Hyde Park, hot on the heels of another marquee branch opening in Kensington.
In Pictures: Inside an £18.5mn duplex at 60 Curzon, designed by De Rosee Sa
London & Lisbon-based studio delivers a mid-century-inspired, art-filled showstopper, as super-prime Mayfair scheme nears sellout.
Boutique London developer targets European expansion
Alex Macaulay's Kinland has lined up luxury schemes in Portugal & the French Alps, after delivering two sell-out projects in South London.
Former boss of JLL Kensington joins Moveli
'Upper market' brokerage's latest signing will cover Cheltenham, the Cotswolds & London.
Barclays Private Bank: ‘Five signs the tide may be turning for London’s prime property market’
'The outlook remains varied,' bank tells HNW clients, but 'there are clear signs that interest is picking up at the top end of the London property market.'
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Long-running RBKC agency launches ‘flagship’ HQ in South Ken
tlc Estate Agents is also revamping its former home in Earl's Court. 'We are honouring our heritage while stepping confidently into the future,' declares COO Samantha Hossack.
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
In Pictures: Rare beachfront mansion in Beaulieu seeks £12.5mn
1914 Arts and Crafts-style pile in 20 acres brought to market after 70 years in the same family.
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Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
In Pictures: Studio KO’s art-led take on Knightsbridge living seeks £4.95mn
Lowndes Square lateral has been reimagined by the Paris & Marrakech-based practice whose clients include the Hermès and Agnelli families, André Balazs & Francis Ford Coppola.
Poacher turned gamekeeper: Hamptons director goes buy-side with Stacks move
The national buying agency's new office in Gloucestershire will be headed by well-known former selling agent Adam Lock.
Super-prime property firm expands with new lettings division
New offering from The Private Office: Real Estate will be targeting the top-end of the rental market in Surrey and the South East.
‘The rental boom is over,’ declares Zoopla
The pace of UK rental price inflation has cooled to a four-year low, with some parts of London now in negative territory.