‘Rebalancing begins’ as prime London’s property market catches up with country house performance
Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year. Prices are rising, buyer activity is up, and supply is picking up faster than in other parts of the country, as the back to work trend continues...
"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.
“London’s super-prime markets stellar end to the year is evidence of the influence that the pandemic-fuelled desire for more space has on residential markets," says Savills.
“I’ve never known a time like it in 30-plus years," says Rupert Sweeting, head of national country sales at Knight Frank.
Companies in this articleSavills
The luxury estate agency is assembling a stellar team as it embarks on a 'new era' under its new owner.
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
Property firm adds new faces to its top-tier lettings teams in Prime Central London and in South West London & the Home Counties
Freehold swathe on sought-after Tite Street has scope for a significant prime resi scheme.
Alex Michelin & Matthew Robertson's new development firm announces plans to deliver a 30-unit scheme on The Bishops Avenue, just weeks after embarking on a top-end project in St John's Wood.
Apartments at The Lucan - London’s first standalone Autograph Collection Residences - will come with a suite of five-star services laid on by luxury hotelier Marriott.
Compass Sports & Entertainment Division has partnered with David Johnson's INHOUS in the UK & Ireland
The property developer, which floated in London earlier this year, is working with top-flight luxury brands including Lamborghini, Missoni and Dolce & Gabbana.
James Waight's promotion marks 'a new era of leadership', says the prime estate agency.
Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from HMRC, Zoopla, Strutt & Parker, Benham & Reeves, Propertymark, Savills & more...
Knight Frank has updated its property market forecasts, expecting Prime Central London prices to out-perform other markets over the next five years.
Extraordinary and beautiful objects from the homes of illustrious interior designer Robert Kime, who passed away in August, will be sold at auction this week.