Proportion of cash buyers sinks to a record low
Investors were responsible for just under a quarter of mortgage-free transactions in the first half of this year, down from nearly a third in 2009.
Londoners buy a record number of homes outside the capital
London leavers bought 85% more homes outside the capital in the first half of this year than in H1 2019.
‘Full house’ as asking prices hit record highs in every region & market sector
Every region and market sector saw asking prices rise to a record high last month, reports Rightmove; it's the first "full house" since 2007.
Upsizers boost larger home prices to a record high
Agreed sales of detached 4+ bedroom houses more than doubled from August 2019 to August 2020 (+104%), reports Rightmove. Sales of other three- or four-bedroom homes were up by 55%.
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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.
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.
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.
Boutique agency mixes fashion & property at Belgravia open house
A top-end handbag collection was on show at a £10mn listing on Pont Street last week.
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.
Knight Frank teams up with luxury Milan agency
Global property firm strengthens its position in Italy amid growing demand from HNWIs attracted by the flat tax regime and lifestyle appeal.
In Pictures: ‘Breathtaking’ modern Essex country mansion pitched at £9.9mn
Stokes Hall was completed in 2014, featuring 'world class' interior specs.
Super-prime brokerage reports ‘strong sales with significant deals’ – transacting over £400mn in Q3
International buyers accounted for more than two-thirds of deals handled by UK Sotheby's International Realty.
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Fine & Country expands into Holland Park
Ben Madden's West London team has taken on the estate agency brand's licence for the affluent area.
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
Industry Reactions: Annual house price growth slipped back in August
Many pundits expect the market to slow further as the Autumn Budget approaches.
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.
FCA takes over AML supervision
The move will 'ensure more consistent oversight' - including more collaboration with law enforcement.