Returning demand for prime London property means competitive bidding and price rises
London living is certainly back in fashion, writes David Johnson, but the acute supply and demand imbalance is making for challenging buying conditions…
Prime London Market Snapshot: Tight supply & returning demand push prices & rents up in PCL
"The property markets in central and outer London are increasingly on different trajectories," says Knight Frank, as the latest market indices shine a light on sales and lettings trends.
Five factors shaping prime property demand right now
Savills' latest buyer and seller survey highlights how prime property buying intentions are evolving.
Prime London’s property market hits a ‘sweet spot’ as buying activity picks up
"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.
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Eight big themes, six key takeaways & a digest of super-rich numbers from Knight Frank's flagship research offering.
$550mn Monaco deal could set new global home sale record
Details surface around a transaction in the principality’s ultra-prime Mareterra enclave that would rank among the largest ever recorded.
New agency Draper London targets five-office PCL rollout
Founded by ex-Knight Frank and Aston Chase agent Craig Draper, the high-end firm is backed by former Greene & Co MD David Pollock.
Knight Frank cuts UK house price forecasts again
The outlook is not rosy for either prime or mainstream markets this year, but the property consultancy senses a 'change in political direction' before 2030.
Boutique agency lines up another Beaufort Gardens double building at £19.5mn
Working with Knight Frank, Maskells picks up trophy instruction near Harrods after marshalling similar sale last year.
In Pictures: 121-acre Victorian Surrey estate with cricketing pedigree asks £9.85mn
Designed by George Devey, the Grade II listed Sendholme comes with its own pitch and pavilion.
£7mn Albert Hall Mansions duplex marketed on ‘priceless’ royal link
Three-bed duplex overlooking Hyde Park is being positioned around a claimed Queen Victoria connection.
Required Reading: The Renters’ Rights Act is (nearly) here
Next week marks the start of 'new age' for the private rented sector, says Jessica Tomlinson of Savills, as she walks us through what incoming legislation means for top-end tenants & landlords.
Lender agrees £25.5mn finance package on £42.5mn Holland Park home
Big-ticket post-development facility 'represents a highly successful outcome in the Prime Central London market,' says financier.
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Latest data shows sales values falling across most PCL areas, with sharper drops in some of the most exclusive markets.
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