‘Significant slowdown’ expected for prime London rents next year
Escalating costs of living and inflationary pressure are likely to slow the pace of prime rental price growth down in the coming months, says Savills - but the firm has still upgraded its five-year price forecasts, as LonRes data tells of drastic slump in activity driven by low supply.
Prime Central London rents set to rise 10% this year, predicts Strutt & Parker
Strutt & Parker has updated its five-year property market forecasts, anticipating a sharp upturn for central London's lettings market as tenant demand outpaces rental supply.
Rents rise in the prime commuter belt but fall in London, as tenants ‘make real lifestyle changes as a result of Covid-19’
Savills has revised its prime rental price forecasts. Prime London rents are now expected to fall by 3% this year, with inflation of +7.6% over the next five years
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 Penn …
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‘A seismic evolution’: Second Generation build-to-rent developments ‘feel more like lifestyle hotels’
Knight Frank's Oliver Heywood highlights the latest trends shaping Britain's burgeoning BtR sector - following a 'seismic evolution' in recent years.
In Pictures: Luxury hoteliers list ‘modern masterpiece’ on Chelsea’s Mulberry Walk at nearly £20mn
Recently rebuilt 'to a hotel-grade specification' behind the original façade, Mulberry House has been the home of the Swedish-born Mortstedt family for over three decades
Savills names new chief in Bishop’s Stortford
Felicity Walker was previously branch manager at Foxtons in South Kensington.
Developer wins approval for 60-home scheme in Belgravia on appeal
Pilbrow & Partners-designed proposals for the redevelopment of Kilmuir House were knocked back by planners last summer.
‘Bridgerton perfect’ Marylebone mansion seeks £12.95mn
1767 townhouse on Wimpole Street has hosted numerous prime ministers and royals over the years.
Talking Heads: How luxury property businesses are preparing for China’s great re-opening
Super-prime property brokers, developers, designers and premium brands are all looking to tap into the resurgent Chinese market after almost three years of severe lockdowns; find out how in a new survey…
40% price drop for grand Primrose Hill apartment once asking nearly £12mn
Unmod lateral on exclusive Wadham Gardens is now looking for just over £7mn.
The Times: Britain’s new wave of million-pound homes – and they’re not where you think they are
A long-read feature by David Byers highlights how the top-end of the property market shifted through the pandemic, including insights from Knight Frank, Savills, Hamptons, Recoco Property Search and Property…
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