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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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
            A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.         
    UK buyer swoops on marquee penthouse at boutique Mayfair scheme
            Agents confirm sale of largest penthouse at Three Kings Mayfair for over £8.5mn, as domestic demand continues to trend upward across PCL.         
    Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
            More speculation about potential tax hikes in November's Budget event.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Battersea Power Station owner reportedly mulls sale
            It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
            2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
            As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.         
    
            By            Lucian Cook                        
        
        
            
            
                
                
                
            
        
    Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
            Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.         
    Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
            Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.         
    Industry Reactions: Renters’ Rights Bill gains Royal Assent
            New laws represent 'seismic' changes for landlords, tenants & letting agents.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    London letting agency under fire over Chancellor’s rental mis-step
            Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
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In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
            Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge townhouse - which is now up for sale at nearly £17mn.         
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            As PM Meloni ramps up the annual levy for UHNWIs to help raise revenue, Knight Frank's Kate Everett-Allen explains the background to the changes & the implications for Italy’s luxury real estate market.        
    Development land market ‘under pressure’ as investors take pause
            Sentiment in the UK's residential development land market remains positive, says Savills, but things are slow-moving.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
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            PrimeResi's regular stock check, powered by LonRes.         
    ‘Faith in rising property endures, but the buying experience is broken’
            Survey of estate agents finds 'a deep reservoir of buyer & seller house price confidence' in prime markets - but home-movers' 'patience for inefficiency is exhausted.'         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
     
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
        