Ranked: Areas with the biggest increases in cash-buying activity over the last decade
The number of cash property sales dropped by 27% from 2013 to 2023 across England, but some locations have seen sharp increases in the proportion of outright purchases compared to mortgaged buyers.
What to read next
Home renovation activity drops to decade-low
The gap between people moving home and people extending or improving is at its widest point in recent history, says Savills.
By PrimeResi
Ranked: Where home-sellers made the biggest profits in 2023
Homeowners who sold-up in 2023 did so for an average of £103k (48%) more than they initially paid for their home, says Hamptons, down from a record high of £113k in 2022.
By PrimeResi
Property ‘flipping’ has dropped to the lowest level in a decade
'10 years of higher stamp duty rates have squeezed out professional refurbishment projects,' says Hamptons.
By PrimeResi
Companies in this article
SPF Private ClientsMost read
Inside St John’s Wood Square: Sales launch at ‘once-in-a-generation’ super-prime project
Portia Fox-designed show apartment unveiled as long-awaited transformation of historic NW8 barracks site hits the market, with pricing revealed for the first time.
Forbes-backed brokerage adds another big name to PCL line-up
Latest Founder Partner brings nearly four decades of top-end agency experience to Martin Bikhit’s new venture.
Property billionaire swaps Holland Park for Monaco
David Reuben becomes the latest big name to leave the UK, joining a Monaco set now controlling some £77bn of Rich List wealth.
RFR brings in super-prime specialist as MD
Former Knight Frank partner joins Chelsea-based buying firm.
Major developer calls time on London as viability ‘fundamentally broken’
Economic rewards for taking development risk in the capital have 'evaporated,' says housebuilding giant boss.
By PrimeResi
Guardian: Why are London mansions struggling to sell?
LonRes chief says there is some ‘unbelievably good value’ in the capital's prime neighbourhoods - but warns the market has yet to find its floor.
London Square owner racks up £1bn-worth of Abu Dhabi sales in a week
International buyers drive bumper sales tally for Aldar across two waterfront launches.
By PrimeResi
Native Land unveils £15.5mn penthouse with one of Marylebone’s biggest roof terraces
In Pictures: Developer rounds off sales programme at well-received PCL scheme with a flourish.
Martin Kemp Design takes up residence near Buckingham Palace
Luxury design practice moves into new Buckingham Place studio, with a run of prime resi projects underway and a growing furniture range.
Record transfer window kicks off super-prime rental bonanza
Savills handled more than 20 player and manager relocations over the summer, including a string of deals in Cheshire at more than £30k a month.
LATEST ARTICLES
eXp owner names new global chief; announces three-day London palooza
American brokerage founder Glenn Sanford steps back as the UK division prepares to host the firm's big international convention next year.
By PrimeResi
Knight Frank adds more affiliate brokers as enquiries top 170
Agency continues rollout of self-employed model as it targets key territories across South East and West London.
Tom Bill on tax-cut promises, mortgage pain & the country house market
Knight Frank's research boss weighs up the latest political pledges, the borrowing squeeze and 'brittle' sentiment among buyers.
By Tom Bill
‘A significant change’: Primary buyers overtake second-homers in Cornwall’s waterfront market
Agency flags a sea-change in the South West as 'local buyers & those looking to relocate permanently are becoming the dominant force'.
By PrimeResi
Native Land unveils £15.5mn penthouse with one of Marylebone’s biggest roof terraces
In Pictures: Developer rounds off sales programme at well-received PCL scheme with a flourish.