Property ‘flipping’ has fallen dramatically in the last 15 years
In 2004, over 60,000 homes were resold within 12 months; just 18,630 homes were flipped in England & Wales last year... London has seen an even more dramatic drop: 81% fewer homes were flipped in 2018 compared to 2004
London super-prime prices have fallen by 21% in five years – but ‘things may be beginning to change’
There's 'a sense of opportunity' at the very top of London's property market, reports Savills, with 'some encouraging signs of activity' in the super-prime £10m+ arena.
By PrimeResi
Residential property is attracting ‘more sophisticated investors’, says buying agency
"Activity in the residential investment sector is once again picking up", says buying agency Garrington, although the firm reports "a different profile" of buyer in the sector.
By PrimeResi
UK property prices have increased three-times as fast as earnings since 2008
The average value of a UK home has risen by 43% over the last decade, while the average wage has increased by 15% - and mortgage payments have trickled up by just 3%
By PrimeResi
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Super-prime specialists join ‘London’s original brokerage house’
The London Broker signs ex-Lodha star Philippa Bromley-Martin & Cannes-based luxury specialist Jez Moore as platform expands internationally.
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.'
By PrimeResi
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.
By PrimeResi
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
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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.
By PrimeResi
Analysts forecast ‘brighter second half’ for London & South East markets
Eased mortgage rules & expectations of falling interest rates could help offset affordability pressures, says Acadata.