Second home rentals reach an all-time high
The number of UK properties rented as second homes has jumped by 136% over the last decade, according to research by Hamptons
Renting a home is ‘cheaper than buying’ for the first time since 2014
Pandemic-induced property trends mean it is now cheaper to rent a home than buy one, says Hamptons, reversing a six-year trend.
By PrimeResi
Super-prime rental market hits ‘all-time high’ in north London as UHNW tenants shell out up to £40k pw
Values spike across St John’s Wood and Regent’s Park as overseas families increasingly opt for luxury developments over five-star hotels for their summer sojourns
By PrimeResi
New buyer interest rises for the first time since November 2016
The UK property market appears to be stabilising, says the Royal Institute of Chartered Surveyors
By PrimeResi
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Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
By PrimeResi
‘Game-changing’ new index promises transparency & clarity for luxury property projects
RedBook debuts 'industry-first' benchmarking tool for clients & advisors; reveals key insights into the design & construction sectors' 'world of smoke and mirrors'.
Wealth industry awards recognise top HNW advisors
UK Sotheby’s International Realty picked up the Grand Prix 'Private Client Firm of the Year' at the 2024 Spear's Awards, while Becky Fatemi was named Property Broker of the Year.
By PrimeResi
In Pictures: Manchester’s ‘most expensive completed penthouse’ seeks £3.5mn
'Our Viadux penthouses bring to Manchester’s prime city centre a level of quality and sophistication that’s usually only seen in London,' says Salboy chief Simon Ismail.
By PrimeResi
Eight Charts: Benchmarking luxury construction costs & practices
New report lifts the lid on the inner workings of the UK's high-end design & construction sectors.
In Pictures: Design studio completes ‘spectacular’ Nine Elms penthouse project
1508 London delivers a lesson in 'soft minimalism' with this ethereal creation for an international client.
Hamptons recruits SW London specialist
Russell Gooden has been named as the agency's new Head of Sales for Richmond, East Sheen, Kew & Barnes.
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Rent growth cools to below pre-Covid levels across key world cities
But 'the structural under-supply of new accommodation in major cities means rents are likely to rise faster than trend levels over the next few years,' says Knight Frank's research chief.
By PrimeResi
High-end brokerage adds trio of PCL specialists
United Kingdom Sotheby’s International Realty bolsters London sales team with more senior hires.
Knight Frank trims house price forecasts for 2025
But Tom Bill's team has upgraded its outlook for prime London property price growth over the next five years.
By PrimeResi
Uma Rajah on developing prime property opportunities in the Home Counties
CapitalRise boss explains why the firm has been expanding its loan book beyond the traditional PCL heartlands of Chelsea, Belgravia & Mayfair.
By Uma Rajah
Storied Berkeley Square pied-à-terre seeks £6.5mn
Grand apartment building at No.48 has links to two British Prime Ministers.