Properties are being snapped up 42% faster compared to five years ago
The average time it takes a new property listing to find a buyer has fallen by 42% since 2016, according to some new research. But conveyancing is taking longer than ever.
£1m+ home numbers rise for the first time in five years
A sharp rise in 2020 means that Britain is now home to 53% more seven-figure properties compared to a decade ago - but 7% fewer than in 2015.
70 years of house price growth: How property prices have shifted since Elizabeth II was crowned
The Queen was crowned on 6th February 1952, when an average home cost just under £2,000. This is the equivalent of £56,000 in today’s money, and amounts to house price growth averaging 2.2%
Transaction numbers tumble from last year’s high
HMRC recorded 55% fewer residential property sales in June this year compared to last; it's the slowest June in nine years.
Most read
‘A seismic evolution’: Second Generation build-to-rent developments ‘feel more like lifestyle hotels’
Knight Frank's Oliver Heywood highlights the latest trends shaping Britain's burgeoning BtR sector - following a 'seismic evolution' in recent years.
In Pictures: Luxury hoteliers list ‘modern masterpiece’ on Chelsea’s Mulberry Walk at nearly £20mn
Recently rebuilt 'to a hotel-grade specification' behind the original façade, Mulberry House has been the home of the Swedish-born Mortstedt family for over three decades
Savills names new chief in Bishop’s Stortford
Felicity Walker was previously branch manager at Foxtons in South Kensington.
By PrimeResi
Developer wins approval for 60-home scheme in Belgravia on appeal
Pilbrow & Partners-designed proposals for the redevelopment of Kilmuir House were knocked back by planners last summer.
‘Bridgerton perfect’ Marylebone mansion seeks £12.95mn
1767 townhouse on Wimpole Street has hosted numerous prime ministers and royals over the years.
Talking Heads: How luxury property businesses are preparing for China’s great re-opening
Super-prime property brokers, developers, designers and premium brands are all looking to tap into the resurgent Chinese market after almost three years of severe lockdowns; find out how in a new survey…
By PrimeResi
40% price drop for grand Primrose Hill apartment once asking nearly £12mn
Unmod lateral on exclusive Wadham Gardens is now looking for just over £7mn.
The Times: Britain’s new wave of million-pound homes – and they’re not where you think they are
A long-read feature by David Byers highlights how the top-end of the property market shifted through the pandemic, including insights from Knight Frank, Savills, Hamptons, Recoco Property Search and Property…
By PrimeResi
LATEST ARTICLES
Knight Frank partners with Monaco real estate agency
'With the number of UHNWIs in Monaco set to rise by 23% in the five years to 2026, it makes complete sense for Knight Frank to strengthen its presence in the market,' says Edward de Mallet Morgan.
By PrimeResi
Housing market continues to slow, with prices and transactions in decline – RICS
January's RICS UK Residential Survey show the most widespread property market decline since 2009.
By PrimeResi
‘Recognise the one-offs’: A buying agent’s top tips for navigating uncertain market conditions
Seasoned acquisition specialist Charlie Wells dispenses some sage advice for those looking to transact in the current climate.
In Pictures: Boutique developer unveils Parisian-inspired project opposite the Caledonian Club
The former home of the financier Bernard Cornfeld, right next to the forthcoming Peninsula London, has been reworked by Voza as a grand pied-à-terre.
Portico launches sustainability-minded Fulham branch
LRG-owned London estate agency has teamed up with other local businesses to foster a sense of neighbourhood in West London.
By PrimeResi