Stock levels recovering in Prime London’s lettings market, but still a long way off pre-pandemic levels
The total number of available homes remains some 50% lower than five years ago.
Supply levels recovering in prime London’s lettings market
The number of properties available to let is up by over 60% compared to a year ago, but levels are still around 40% below where they were in 2019.
Rents still rising in Prime London’s stock-starved lettings market
The pace of growth has slowed, but values are currently 25 to 30% above where they were pre-pandemic.
Prime London rental market ‘recovering gradually’
Rental growth is steady & activity is increasing, reports LonRes.
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NPPF 2024: Eight key planning policy changes & points of note
Savills highlights important changes to the National Planning Policy Framework affecting housebuilders in England, following the government's 'landmark overhaul' of the planning system this week.
‘Trophy’ apartment on Mayfair’s Grosvenor Square sells for £19.75mn
PCL buying agency secures 'once in a decade opportunity' for longstanding client, negotiating more than £1mn off the asking price.
Top-performing European prime property markets to watch in 2025
Knight Frank forecasts price growth across Europe’s key cities & luxury resorts next year, with Stockholm out in front & London at the rear of the pack.
Evolving expectations & industry disruption: Andrew Deverell-Smith on the changing landscape of talent in the prime resi market
Real estate recruitment guru reveals what top candidates in the residential sector really want, and how the major property agencies are adapting their strategies amid a surge in independent operators.
A fifth of estate agents plan to work through Christmas
Agency boss warns of 'burnout' as survey reveals no seasonal break for many brokers.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Chestertons Global targets expansion to 30 countries by the end of next year
Estate agency network is eyeing 'emerging and frontier markets' including India, Australia, Portugal and Iraq.
Guy Meacock: Why London continues to captivate American buyers
'There have been surges of interest from Americans in the past but in 20 years of doing this job, I can’t recall quite so many buying as now'.
Extell & Four Seasons team up for top-end alpine project
New resi & resort offering will be North America's first new luxury alpine village in more than forty years.
Property market sentiment has ‘softened’ in the last few months – Savills
Infography: A survey of the property consultancy's clients reveals a more downbeat outlook amongst home buyers, sellers & investors.
LATEST ARTICLES
Belgravia sees super-prime deal surge as ‘new generation of global buyer’ moves in
International HNWIs have been honing in on the prestigious PCL district in 2024, reports Savills.
Ranked: Europe’s top cities for residential real estate investors
London reclaims the top-spot from Paris in Patrizia's bi-annual index.
Watch: Property portals go head-to-head with holiday season marketing campaigns
Fresh primetime TV ads from Rightmove & Zoopla will air on Christmas Day.
‘The foundations are set for a promising year ahead’ – Garrington
Top buying agency points to improving sentiment amongst home-movers, suggesting average house prices will rise by 3-4% next year.
Stirling Ackroyd names new Sales Director
Alastair Cochrane is now responsible for all the LRG-owned agency's sales across London & the South-East.