Selling season could be a damp squib this year
Fresh options for London buyers will be limited in the coming weeks, warns major agency, after recording a 17% drop in new vendors entering the market.
Runaway property price growth in the regions is likely to soften from next year, predicts Savills, while Prime Central London prices are set for a sharp upwards bounce once international travel resumes
Savills is standing by its pre-pandemic five-year forecasts, despite anticipating a major slump in 2020.
"This does not feel like a re-run of 2008/09 for the UK property market," says Knight Frank, as it forecasts minimal property price drops against a complex economic backdrop.
Companies in this articleChestertons
Longstanding independent firm ramps up resi division with recruitment of high-profile broker & star of Britain’s Most Expensive Houses as head of sales.
Andrew Russell & Ben Bentley's independent firm, The Country House Department, is on course for a 'record' year following a number of big-ticket deals.
CBRE and Beauchamp Estates are about to launch sales at Three Kings Mayfair, for JV developers 1.61 London, Urbanwise and Valpre.
Boutique development on Mount Street houses four luxury apartments designed by Rigby & Rigby, plus some retail and office space.
High-end specialists from Savills summarise the key drivers shaping the PCL lettings & sales markets this year.
Hamish Bruce has joined Inhous following stints at Marsh & Parsons and Black Brick.
Freehold swathe on sought-after Tite Street has scope for a significant prime resi scheme.
Walnut Tree House in Hampton Wick comes with a boathouse and private mooring, and was once home to the owner of Fortnum & Mason.
While eco-solutions require significant investment in terms of both strategy and execution, the long-term gains are already evident, explains Strutt & Parker's Josh Ayres.
By Josh Ayres
Real estate continues to be the largest concentration of wealth in the world, reveals Savills, worth almost four times the value of global GDP.
PCL has once again gone ‘on sale’ due to a near-term tumble for GBP, reports David Huggett.
Fixer-uppers are in high demand, says Rightmove.
The latest weekly data from LonRes shows a continuing spike in asking price reductions across both sales and rental markets.