Properties are taking six days longer to sell than they were a year ago
It takes an average of 102 days for a property to attract an offer, up from 96 days in 2017. In London, it takes an average of 171 days for a £1m+ home to go under offer...
Dexters teams up with Stirling Ackroyd to sell East London new-builds
Stirling Ackroyd New Homes will operate under the Dexters banner, marketing new developments from Shoreditch and Clerkenwell to Hackney to Peckham
By PrimeResi
Property demand ‘nears a seven-year low’ as ‘buyers approach the market with caution’
There was an average of 252 would-be buyers registered per estate agency branch in February, according to the NAEA. That's 18% fewer than a year ago, and 46% fewer than in 2016.
By PrimeResi
Surveyors record ‘a slow start to the year’ as supply, demand & deals continue to dwindle
Surveyors 'sense little prospect of a turnaround' in the short-term, says the RICS, 'as concerns over the potential impact of Brexit, alongside affordability constraints continue to cause buyers and sellers…
By PrimeResi
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High-end brokerage adds trio of PCL specialists
United Kingdom Sotheby’s International Realty bolsters London sales team with more senior hires.
Knight Frank trims house price forecasts for 2025
But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.
By PrimeResi
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
By PrimeResi
Luxury housebuilder seeks financial support after ‘challenging year’
45-year-old firm specialises in delivering high-end family homes in London and the Home Counties.
Wealth industry awards recognise top HNW advisors
UK Sotheby’s International Realty picked up the Grand Prix 'Private Client Firm of the Year' at the 2024 Spear's Awards, while Becky Fatemi was named Property Broker of the Year.
By PrimeResi
In Pictures: Manchester’s ‘most expensive completed penthouse’ seeks £3.5mn
'Our Viadux penthouses bring to Manchester’s prime city centre a level of quality and sophistication that’s usually only seen in London,' says Salboy chief Simon Ismail.
By PrimeResi
Chestertons appoints new Mayfair Sales Director
Elliot Fensom has been given a flagship Prime Central London role after a spell as the estate agency's 'Roaming Sales Manager'.
By PrimeResi
Expert Views: Property industry insiders on the government’s latest leasehold reform plans
Lawyers & leasehold specialists weigh-in on a big update on leasehold reform - including that the 'two-year rule' for leasehold extensions ends in January
By PrimeResi
In Pictures: Design studio completes ‘spectacular’ Nine Elms penthouse project
1508 London delivers a lesson in 'soft minimalism' with this ethereal creation for an international client.
Storied Berkeley Square pied-à-terre seeks £6.5mn
Grand apartment building at No.48 has links to two British Prime Ministers.
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£8mn penthouse sold in Covent Garden’s biggest deal of the year
3,000 sq ft duplex came with two private terraces overlooking the famous Piazza.
Mapped: England’s most vulnerable areas to extreme weather
Insurance firm AXA has worked out which locations are at highest risk of climate change-induced flooding and extreme heat - and calculated the potential costs...
By PrimeResi
London Square signals high-end ambitions with debut PCL scheme
Aldar-owned property developer prepares to launch 'flagship' Westminster Tower project as part of new focus on luxury resi.
Former UK SIR Director signs with Harding Green
Jaishree Brice was Head of the India Desk at UK Sotheby's International Realty.
By PrimeResi
Prime London Property Market Snapshot: Week 47, 2024
PrimeResi's weekly market sit-rep, featuring the latest sales and lettings data from LonRes.
By PrimeResi