Record number of homes selling at or above asking price
Buyers in England and Wales paid an average of 98.1% of the final asking price in January this year, reports Rightmove, marking the first time the percentage has ever exceeded 98%.
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.
By PrimeResi
Volatile property market to calm, says OBR as it upgrades house price forecast
"House prices have risen significantly faster since the start of the pandemic than we had expected, says the Office of Budget Responsibility
By PrimeResi
‘The end of the cycle’: House price inflation to slow, predicts Hamptons
"We’re more likely to see a continuation of modest price growth, such as we’ve witnessed during the last five years, rather than a boom followed by a bust," says Hamptons, as it forecasts the start of …
By PrimeResi
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RightmoveMost read
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
By PrimeResi
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
International buyer secures ‘one of the best mansions in Belgravia’ in another pre-Budget mega-deal
Grand 1901 townhouse on Lygon Place, asking £21.5mn, was formerly the Italian Embassy & Defence Attaché.
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
By PrimeResi
Super-prime London property agency launches Marbella outpost
Gary Hersham's Beauchamp Estates is opening a fifth Mediterranean office.
By PrimeResi
Required Reading: The Autumn Budget 2024 for HNWIs & business owners
Mishcon de Reya's legal & tax experts talk us through the key points & policies announced by Chancellor Rachel Reeves - including significant changes to Stamp Duty & Inheritance Tax.
‘Back-to-brick’ renovation in Chelsea delivers trio of rental apartments
Boutique developer reinvents period mansion block on Sloane Gardens, with a modern take on traditional British design.
Second-home buyers race to beat SDLT deadline
UPDATED: Agencies finalise series of 'rapid' high-end sales in Prime Central London following surprise tax hike announced in the Autumn Budget.
Agency ties up England’s biggest land sale of the last 30 years
The Wildlife Trusts have agreed to acquire the 9,500-acre Rothbury Estate, which has been in the Percy family for seven centuries.
By PrimeResi
Tom Bill: What does the Budget mean for the UK residential property market?
Knight Frank's head of UK resi research summarises the key takeaways from Rachel Reeves' big speech & looks at the likely impacts on the real estate sector.
By Tom Bill
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