Savills reports ‘an extraordinary rebound’ in prime resi activity
"The volume of activity in prime residential markets [outside London] for [2020] as a whole was the strongest since before the global financial crisis," says Savills.
What to read next
Ten tales of London’s prime property market revival in 2020 so far
Ten front line luxury property firms share their January news, from a buying agency's Brexit Day deal bonanza to surges in new buyer enquiries for boutique and big brand estate agencies alike...
By PrimeResi
Super-prime property market activity hits six-year high in London
“Property’s reputation as an inflation-hedge gives it extra appeal, while the prospect of rising borrowing costs is injecting a degree of urgency into the market across all price points,” says Rory…
Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
Companies in this article
SavillsMost read
Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.
PCL heavyweight Willis joins Forbes-backed brokerage
EXCLUSIVE: Former Strutt & Parker board member signed up as Founder Partner and MD as Martin Bikhit builds out new UK luxury agency.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
Billionaires’ Row mansion changes hands for £30mn
Official records reveal big-ticket resi deal on one of north London's most famous addresses.
US buyer lands super-prime pied-à-terre at The Whiteley
PCL buying agency sources off-market 3,000+ sq ft apartment at landmark Bayswater scheme, amid signs of 'real momentum' returning to the prime London market.
Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
By PrimeResi
High-profile royal mansion heading for the private rental market?
Former home of Andrew Mountbatten-Windsor has 30 rooms and is said to cost £400k-a-year to run.
Time vs Money: Ollie Marshall on the changing calculation for Britain’s wealthy
Top buying agent on the expats who left to preserve their money - but may ultimately return to preserve their time.
HMRC wins high-stakes developer tax battle
Tax authority said £5.4mn dispute potentially had £1bn implications.
Prime London deal volumes pick up as buyers negotiate rather than walk
Latest numbers put transactions 2% above the five-year average - but it’s a very different picture depending on where you look.
LATEST ARTICLES
PCL heavyweight Willis joins Forbes-backed brokerage
EXCLUSIVE: Former Strutt & Parker board member signed up as Founder Partner and MD as Martin Bikhit builds out new UK luxury agency.
London Square picked for 133-home Waterloo scheme
Aldar-owned developer takes on resi element of major new health and life sciences quarter.
Constellation brings in former Six Senses chief to build new global luxury brand
Neil Jacobs to oversee new international collection spanning hotels, resorts and residences, including London landmarks The Connaught, The Berkeley and The Emory.
Zoopla returns to profit as home valuation activity jumps
Leading portal continues to shift focus from property listings towards becoming a 'data-driven homeowner platform.'
By PrimeResi
Well-known Marylebone pub set for prime resi reinvention
Beauchamp Estates says the old Beehive pub could become 'one of the most exceptional homes in the area,' after selling at asking price.
By PrimeResi