Property transactions are likely to plunge by 60%, warns Zoopla
The property market "has not ground to a complete standstill" yet, says Zoopla, but demand is drying up, fall-throughs are escalating - and deal numbers are likely to sink dramatically in the coming months.
Post-lockdown surge in property demand likely to be ‘short-lived’, warns Zoopla
"Active engagement" with property listings has jumped to exceed pre-lockdown levels by some 20%, reports Zoopla - but more than four in ten would-be buyers say they have put moving plans on hold...
Prime London property transactions jump 14%; instructions up 9% – but prices fall
New LonRes data for Q3 tells of a markedly busier Summer compared to last year in prime London - although the market above £5m remains subdued
‘No sign of a slowdown’ as Zoopla predicts 2-3% property price growth this year
The average "time to sell" a home has fallen by almost two weeks (31%) since lockdown restrictions were lifted, compared with the same period 12 months prior.
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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.
Winkworth’s Knightsbridge office adds Mayfair specialist
George Simpson has spent the last decade working for Knight Frank.
In Pictures: Rare beachfront mansion in Beaulieu seeks £12.5mn
1914 Arts and Crafts-style pile in 20 acres brought to market after 70 years in the same family.
Blockbuster debut for Native Land’s Opus as sales top £100mn
Developer reports strong early take-up at luxury South Bank tower, as five-star lifestyle offering hits the right note with wealthy buyers.
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.
Cadogan portfolio value hits £5.7bn as Chelsea blooms
Great Estate reports 16.6% boost in operating profit and 11.8% jump in total income as investments & placemaking initiatives pay off.
UK proptech boss named ‘future leader’ in US real estate list
ADVSR co-founder Elliot Jones recognised by Inman as London-based global marketing platform passes $15bn in listings.
Boutique agency founder moves to top-end brokerage
Moveli signs up another well-known PCL operator as platform expands its coverage across the UK.
Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
400 agents join new members-only prime property network
Former Black Brick partner's venture has attracted key London players since launching last year.
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Knight Frank promotes 170
Agency names 31 new Partners and 58 Associates across its UK business.
In Pictures: Bioclimatic circular villas offer ‘haute couture’ living in the South of France
CURV unveils radical luxury resi concept in Provence & the Côte d’Azur; brings in Barnes International to handle off-plan sales.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Savills installs new head of resi sales in Surrey
Holly Sibley is now leading the agency's Reigate team.
Two-thirds of buyers offer under asking price, but only 4% of homes sell at a discount
'Buyers could be negotiating harder, although not all sellers are willing to budge,' says Barclays Bank.