Spring Statement 2022: Property industry reactions
Our panel of buying agents, estate agents, housebuilders and architects weigh-in on the Chancellor's latest announcements, including cutting VAT on energy-efficient home improvements.
Written by
Prime Resi Pundits
Featuring insights from: Assael Architecture, Boomin, Chestertons, Heaton & Partners, Knight Frank, Property Vision, Redrow, RICS, Strutt & Parker Winkworth and Zoopla at
PrimeResi
The Journal of Luxury Property. Required reading for prime property professionals.
Budget 2021: Property industry reactions
"This Budget could be regarded as a reprieve for the housing industry," says one commentator, while others bemoan an "underwhelming" speech...
Chancellor Sunak preps for Spring Statement
Rishi Sunak is due to present a "mini Budget" shortly after midday on 23rd March.
Tom Bill on what 2021 could bring for the UK property market
Tax changes and the withdrawal of support measures mean the post-Covid ‘normal’ will only begin to emerge later next year, writes Knight Frank's Head of UK Residential Research.
By Tom Bill
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Lomond recruits Druce & Foxtons alumnus as new COO
Neil McGimpsey succeeds Lucy Jones, who is stepping down after a five-year stint.
Investor-developer acquires 86-unit PCL portfolio for £28mn
'A few years ago, you simply wouldn’t have seen assets of this quality and in these locations pricing at that level,' said Leufroy, which has exchanged on a quartet of buildings in Notting Hill & Kensington.
Strutt & Parker brings in Madison for PCL expansion drive
Heritage estate agency recruits top-end operator - the latest in a run of high-profile hires - to extend prime market coverage as part of 'ambitious' growth strategy.
Deal sealed on £17.5mn Cadogan Square restoration project
Rare unmod opp on the famous garden square could become one of RBKC’s finest residences, say agents.
Prime London property market heading for ‘worst year since Covid’
18% fewer £5mn+ sales have been recorded in London this year compared to 2024, while no deals have gone through above £50mn.
By PrimeResi
Barnes joins UK Sotheby’s International Realty as Senior Director
Well-known dealmaker Simon Barnes has signed to George Azar & Alex Isidro's team in PCL.
By PrimeResi
Harding Green acquires boutique NW London agency
Laurence Leigh Residential has been running since 2007.
By PrimeResi
Agency lists 1/8th share of Mayfair penthouse for £1.05mn
Fractional ownership is catching on with PCL buyers, says Russell Simpson, as a share in a 'sublime' duplex on historic Queen Street goes on the market.
Luxury brokerage flags tight supply & strong deal flow in Mayfair
UK Sotheby’s International Realty reports unusually competitive conditions in the historic neighbourhood after completing £172mn of transactions.
Prime London buyers resurface after Budget clarity – but vendors beat a retreat
Property sales spiked as uncertainty lifted in November, according to LonRes, though supply-side trends point to a cautious year-end.
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