Rising interest rates & cost of living ‘yet to impact’ prime property buyer budgets
“With the market as competitive as it is, motivated buyers can ill afford to reduce budgets, despite rises to mortgage rates and household bills," says Savills.
Prime London buyer demand is running 72% above the five-year average, while property supply is 12% down
Prime London Market Snapshot: Knight Frank's latest indices tell of a significant mismatch between property supply and demand in both the sales and rental markets.
UK house price growth to slow as cost of living bites – Knight Frank
House price inflation is likely to "unwind" back to single figures across the UK, predicts Knight Frank, although Prime Central London is set for higher price growth as global travel resumes.
Five factors shaping prime property demand right now
Savills' latest buyer and seller survey highlights how prime property buying intentions are evolving.
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Park Modern’s £60mn penthouse finds a buyer
Reports suggest an AI tycoon has picked up the marquee unit at Fenton Whelan's Bayswater scheme, marking the biggest super-prime sale of the last year.
Buyer sought for rare freehold resi development opp in Marylebone
Prestigious 27,000 sq ft block offered with consent for eight luxury apartments, including a standout penthouse.
£270mn in sales secured at ‘repositioned’ Mayfair scheme
Charles Leigh's team says Q4's standout performance at 60 Curzon 'sends a strong positive signal' for the wider PCL market.
PCL heavyweights to build London-UAE corridor for Sotheby’s International Realty
Knight Frank & Savills high fliers brought in to create 'specialist cross-border partnership' focusing on luxury transactions.
My Property Career: Quickfire Q&A with Sian-Louise Tangney
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
GII appoints agents to sell Marriott’s new luxury branded residences in Chelsea
Now fully complete, The Lucan is the first Autograph Collection Residences from Marriott International.
Leading luxury brokerage expands in the Cotswolds
UK Sotheby's International Realty has bolstered its country house expertise with a brace of senior appointments.
Revealed: What UK property professionals earn – and how it stacks up globally
UK real estate salaries rise nearly 10%, but remain well behind the US and Middle East.
In Pictures: British joinery firm completes ‘jewel box’ transformation in Knightsbridge
James Wellesley & Paulo Moschino unveil their artisanal reworking of a 'characterless' townhouse, reflecting a wider trend for luxury homes 'designed with soul'.
Global super-prime markets accelerate while tax drags on London
Just 35 US$10mn-plus sales leave UK capital seventh in Q4 rankings, behind Sydney, Miami & Singapore.
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Savills boosts Spanish resi sales team
Agency says four new hires demonstrate 'commitment to building out further the Savills global residential business, not only in Spain but across the wider EMEA region.'
In Pictures: £7.5mn North London sub-penthouse offered for ‘test-drive’
Marquee Chappell Lofts unit comes with £6,500-a-week try-before-you-buy option.
Veteran NW London agent joins expanding brokerage
Jignesh Mepani has moved to Harding Green after 18 years at independent firm Camerons Stiff & Co.
Central London developer flags off-plan ‘enthusiasm’ from student & domestic buyers
All of the apartments sold at Angel Village so far have been picked up by international students or domestic British owner-occupiers, reports Bentry Capital.
Hamptons reveals new TV ad campaign
Peep Show star Robert Webb voices the upper-end estate agency's latest marketing drive.