Slow demand causes PCL rent drop
Weakness in PCL demand ‘to continue until at least September’
Six weeks on from the election and the capital's supply and demand levels remain way off-kilter, according to these reports from buying agents on the prime front line...
By Prime Resi
Corporate and overseas demand fuels Home Counties rent rises
Nearly half (47%) of new tenancies sorted out by Knight Frank in the Home Counties between April and June were to international tenants, as the firm's latest rental index shows Home Counties rents rising …
By Prime Resi
UK buyers return to PCL with a vengeance
2011/2012 Buyer Nationality in Prime Central London (source Hamptons International's Buyer Index)
By Prime Resi
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In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
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.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
By PrimeResi
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
By PrimeResi
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
By PrimeResi
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.
In Pictures: Paolo Moschino-designed mansion in St John’s Wood seeks £40k per week
Palatial 10,700 sq ft residence has been kitted out with an array of 'indulgent' amenities, including an Annabel's-esque private club room.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
By PrimeResi
Rightmove predicts 4% growth for asking prices in 2025
Bullish forecast comes despite a 'larger-than-normal seasonal slowdown in pricing as we head towards Christmas'.
By PrimeResi
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
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Property market tempo ‘upbeat’ amid post-Budget bounce – Winkworth
Agency reports heightened activity in the prime market as uncertainty subsides & forecasts strong demand for flats in the run-up to Christmas.
Hamptons recruits SW London specialist
Russell Gooden has been named as the agency's new Head of Sales for Richmond, East Sheen, Kew & Barnes.
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.
Foxtons reports ‘a notable increase’ in London rental supply
The capital's lettings market is 'defying the typical seasonal slowdown,' says agency.
By PrimeResi
Mandarin Oriental debuts branded residences in Abu Dhabi
Property developer Aldar has launched sales at Abu Dhabi's first Mandarin Oriental Residences.
By PrimeResi