Main image: PCL is expected to be the top performer both in the short and medium term
Prime rental price growth slows as the market becomes ‘less frantic’
Savills expects prime London rental growth to calm from its double-digit run to +5.0% over 2023 and +3.0% by the end of 2024. The prime commuter belt is set for an even sharper slowdown.
House price growth slows to lowest level since December 2019 – Zoopla
After two years of unprecedented growth, it looks like house price inflation is losing momentum.
House price & rental growth to continue outpacing wage inflation, warns the RICS
Buyer demand continues to outpace the supply of homes available to buy.
‘Intense’ tenant demand fuels record prime rental growth in London
Current growth rates 'cannot be sustained,' says Savills, as its prime lettings index records the highest annual increase since it started in 1979.
Companies in this article
SavillsMost read
Chestertons picks up well-known PCL lettings business
Estate agency takes over letting and management arm of boutique firm Henry & James as acquisition drive continues.
‘There is no lack of interest’: Peninsula London pauses sales after world’s wealthiest pick up 70% of residences
New five-star destination opposite Buckingham Palace has been described as 'the most significant addition to London's ultra-prime market in recent memory'.
Tom Bill: What does the higher bank rate mean for the UK housing market?
Lenders are tinkering with mortgage rates as a contradictory set of events unfold but higher rates are here to stay, says Knight Frank's head of resi research.
By Tom Bill
In Pictures: Former PM Johnson buys moated Oxfordshire Manor House
A source tells us that Boris Johnson has exchanged on Brightwell Manor for £3.8mn.
By PrimeResi
Foxtons takes cues from Netflix & Amazon in bid to ‘modernise estate agency’
Agency reveals how it is using AI to identify new leads in real time and get them 'to the right person at the right time'.
Ranked: The UK’s best places to live in 2023
Wadhurst in East Sussex has been crowned the overall winner in this year's influential Sunday Times rundown.
City Slicker: Inside a new Foster + Partners-designed penthouse in east London, asking £9.9mn
Principal Tower, a new 50-storey landmark on the edge of the Square Mile, is the only resi building in London designed inside-and-out by the world-famous architecture firm.
Luxury developer Mountwood unveils new boutique scheme in west London
Nearly half of the 24 units at Lexington House in West Ken have been picked up off-plan.
LATEST ARTICLES
‘Reassuringly uneventful’: Stability returns to the prime London market, for now
'Some will be reassured by the current period of uneventfulness and take it as an opportunity to act', suggests Knight Frank, but this rare window of calm is unlikely to last...
Peak Chic: British design firm reimagines the traditional ski chalet
IN PICTURES: OB Architecture unveils concepts for a striking new take on the classic alpine building.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
London is no longer ‘the clear leader’ amongst global financial centres, says City of London
London and New York rank joint-first as the world’s top financial centres, according to new analysis by the City of London Corporation.
By PrimeResi
Cadogan starts work on £46mn Sloane Street ‘transformation’
Cadogan and RBKC have brought in architects John McAslan + Partners and landscapers Andy Sturgeon to revamp the famous Chelsea thoroughfare.
By PrimeResi