Rents rise in the prime commuter belt but fall in London, as tenants ‘make real lifestyle changes as a result of Covid-19’
Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years. Leafier locations outside the capital, meanwhile, are set for 3.5% growth in 2020, and +11.5% by the end of 2024.
Prime London rents rise at fastest rate since 2011
“It’s been an extraordinary period for the whole market in PCL,” says David Mumby, head of Prime Central London lettings at Knight Frank. “A g
Rural rents rise as cities fall – Hamptons
Average rents in the countryside have risen by 5.5% in the last year, reports Hamptons, while city rents have fallen by 5.3%.
Prime Central London ‘has now bottomed out’ – Savills
Back to work plans are boosting demand for town and city homes, says Savills, but the country house and coastal property markets are still riding high.
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Knight Frank installs new head of sales at flagship Knightsbridge office
Star agent Roly Ingleby-MacKenzie takes the reins at firm's high-profile base on Sloane Avenue.
Pair of iconic Notting Hill villas heads to auction
Freehold Italianate buildings on 'one of London's most attractive garden squares' contain a total of over 40 apartments.
‘Infamous’ west London development opp finds a taker
Derelict Maida Vale property has been on and off the market since 2017.
Deal sealed on ‘one of Hampstead’s finest estates’
Grade II* listed Georgian gem sits on an acre of land overlooking the Heath, and was priced at £20mn.
Top-end developer appoints agents at boutique Mayfair scheme
REDD gears up to launch sales at latest project on Charles Street, after early off-market deal sets £5,000 psf benchmark.
What it’s really been like running a boutique agency in PCL over the last decade
It's been ten years since Nicolas Pejacsevich and Patrick Alvarado set up their Knightsbridge-based firm Nicolas Van Patrick, following careers in the corporate world
Jo Eccles: Three pre-Budget trends to watch in the prime London market
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Former Druce Director launches Harding Green in Shropshire
Thomas Dainty previously worked for prime property agencies in Prime Central London and Dubai.
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Family offices look to new horizons
Survey highlights some key trends at play in the HNW advisory arena.
Another UAE property developer opens London outpost
Danube Properties' new base in Harrow will 'act as a gateway for UK investors, providing them with unparalleled access to Dubai’s lucrative real estate market.'
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