Property market ‘is not slowing as fast as some might expect’ – Zoopla
Property portal predicts house price growth will slow to 5% by the end of this year, but buyer demand remains high in the face of rising interest rates and costs of living.
Asking prices climb to another record high, but the property market appears to be slowing
“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.
PCL property market recovery ‘held back’ as international buyers stay away
"Unless high net worth foreign investors return in their pre-pandemic numbers, we can expect the market to continue to recover at a slow and steady pace, rather than with a sharp uptick," says Savills.
Property market moves ‘back to normal’ as Summer heat cools – Propertymark
Another market index tells of slowing buyer demand and less pressure on house prices.
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Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
Super-prime North London mansion frozen in international fraud probe
Luxury Avenue Road residence, City office block and West End flats among £130mn of London property identified in crackdown on alleged global fraud operation.
Wilfords brings in new Kensington & Chelsea sales boss
Independent agency boosts team and gears up for another office launch later this year.
Former Property Vision advisor launches Home Counties buying agency
Eddie Ruggles-Brise has set up an indie agency.
Interview: Inside the prime country house market with Knight Frank’s Oliver Rodbourne & Peter Edwards
As new wealth reshapes demand in high-end property markets from the Cotswolds to the Channel Islands, Knight Frank’s prime country experts reveal what’s changed - and what hasn’t.
Exploring the £4bn makeover that’s pushed Mayfair ‘back up to the top of the Monopoly board’
Luxury property developers & great estates are pouring millions into public realm improvements in Mayfair - making the historic area 'central London's third-biggest regeneration zone.'
Top-end buyers hit pause as Budget fears stall £5mn+ deals
Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.
Savills installs new Wimbledon chief
Stewart Harrison was previously Head of Sales for John D Wood in Wandsworth.
Tom Adams: On making unmodernised properties desirable again
Just as buying agents transformed a once vendor-biased marketplace, the prime property industry must now close the knowledge gap around renovation projects, argues RedBook's CEO.
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COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
FCA takes over AML supervision
The move will 'ensure more consistent oversight' - including more collaboration with law enforcement.
Prime rental markets hold firm as regulatory changes loom
PCL values post largest quarterly uptick since September 2023; landlords expected to stay cautious as Renters’ Rights Bill nears enactment.
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.
Withdrawing a property ‘can significantly improve the chance of selling at a later date’
Analytics firm TwentyEA finds a correlation between giving listings a 'rest period' and successful sales, regardless of whether prices are revised.