Savills predicts 6% house price ‘bounce’ for post-Brexit PCL
"Our five-year projection may look ambitious at this moment of peak uncertainty," says Savills' research chief Lucian Cook, "but it looks pretty modest when viewed against history. And history tells us that when Prime Central London house prices bounce, the speed of that bounce can take the market by surprise"
What to read next
North-South house price gap to ‘turn on its head’ as London’s mainstream market struggles
Savills is predicting 21.6% property price inflation in the North West over the next five years - while prices in the capital nudge up by just 4.5%
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…
By PrimeResi
KPMG warns of no-deal Brexit house price plunge
Property prices could crash by as much as a fifth if Boris Johnson pursues a no-deal Brexit, says accountancy giant;
By PrimeResi
Companies in this article
SavillsMost read
Super-prime Kensington development launch draws over 150 agents
In Pictures: London’s prime property crowd gets first look inside REDD’s newly completed One Palace Green.
£33k-a-week Mayfair mansion leads run of blockbuster London rental deals
Mount Street and One Hyde Park mega-lets mark five-year highs as capital's luxury rental supply shrinks.
Tycoon weighing UK exit looks to offload luxury PCL properties
£18mn-plus Knightsbridge flat goes up for sale, along with other homes in Mayfair, Kensington and Chelsea, as entrepreneur says ‘there’s just no point in being here’.
Broker lands stellar £18mn instruction in SW London
Grade I-listed Richmond observatory - now a super-prime residence - was originally built for George III to watch the transit of Venus.
The £100k Mistake: A top buying agent on what prime property buyers need to know about AI
The real value of a good advisor is in judgement & knowledge of things beyond data, says Property Vision's Rob Fanshawe.
Strutt & Parker broker ranks hit double figures
Seasoned St John’s Wood agent becomes tenth member of recently launched brokerage division as heritage firm targets further Prime London expansion.
‘There are quiet Augusts and then there are quiet Augusts’: Prime London sales hit 18-year low
Latest LonRes numbers point to a particularly slow summer for prime London - but there are signs of life at the top end.
Well-known London agency adds two more self-employed brokers
Olia Sequeira & Victoria Peters sign to the 68-year-old brand.
By PrimeResi
London super-prime sales haul jumps 72% despite global slowdown
Knight Frank tracked a 'flurry of remarkable sales' in London during Q2, but US$10mn+ transaction volumes dipped slightly.
By PrimeResi
Treasury eyes £1.5mn mansion tax threshold as Budget rumours gather pace
UPDATED: Reports suggest Treasury is considering widening the HVCTS net, potentially hitting nearly 300,000 homes.
LATEST ARTICLES
New homes specialist returns to Savills
Resi development sales consultant rejoins after three years with other agencies.
By PrimeResi
How super-prime apartments played a key role in London’s £1bn Peninsula
HSH’s accounts reveal just how important the luxury resi element became to the landmark Hyde Park Corner project.
Rare 1740 Soho townhouse seeks new owner
Boutique agency brings 3,400 sq ft slice of old London to market.
Reuters cuts UK house price forecasts; London tipped for 1.4% fall
Property pundits have downgraded their expectations for the UK housing market.
By PrimeResi
British-founded agency claims top spot for Dubai resales
Firm picks up DLD accolade little more than five years after launching with a team of eight.