Summer sales spike borne out in BoE mortgage data
66,300 mortgages were approved in July, according to the Bank of England. That's the highest since February, a 66% jump from the previous month (39,900 in June), and comes in pretty close to the level seen in July of last year.
Asking prices rise to ‘within a whisker of a new record’, but sales still struggle
New seller supply 'remains constrained nationally', says Rightmove as we approach the year's halfway point - particularly in southern regions
Just one in five deals fall through as ‘Covid clauses’ keep sales pipelines flowing
“You’d be surprised by how much activity there still is", says Knight Frank's prime London team...
Sales rates pick up across GB, but fewer than half of London listings find a buyer
In a typical year, only around half of properties listed for sale on Rightmove successfully find a buyer. That has jumped to nearly 70% in the last year or so.
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Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Agents appointed on £60mn St John’s Wood apartment scheme
Developer Residence One gears up to launch 29-unit project fronting London's iconic Abbey Road.
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
London’s first Park Hyatt-branded residences set for launch this year
Sales team behind Twenty Grosvenor Square and The Whiteley gearing up to market 103 luxury apartments in Nine Elms.
Vabel picks sales agents for flagship Bayswater scheme
DDRE Global & Savills will launch apartments at Vabel Townhouse later this Spring.
Rupert des Forges: ‘London is becoming a dip-in, dip-out city for the super-rich’
'The capital might not be [UHNWI's] full-time base any more,' says Knight Frank veteran, 'but it is still an anchor for social & business life.'
Interview: Michael S. Liebowitz on Douglas Elliman’s global push – and what brokers need to know about today’s UHNW clients
The US brokerage chief on what American and European markets can learn from each other, choosing the right local partners and London’s role as a global hub.
Knight Frank appoints new UK marketing head
Former Crown Estate and Disney exec takes role spanning agency’s resi and commercial divisions.
Strutt & Parker recruits estates & farms head from Savills
Louise Harrison is now head of Strutt's London-based National Estates & Farm Agency team.
D&G adds new central London partner
Lettings specialist Sharlotte Cooper previously ranked among Hamptons’ top performers.
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In Pictures: Luxury hotelier’s art-filled Clerkenwell apartment hits the rental market
Mandrake founder’s private London residence features a 'museum-level' contemporary art collection housed in a vast former boardroom.
Westminster to grant blanket retrofit consent for Eaton Square
Borough's first Listed Building Consent Order promises to allow 'retrofit at scale' on London's largest residential square.
FT: ‘We’re past the $200mn threshold’ – the rise of super-super prime property
'How much is mere showboating listing,' asks FT journalist Mark Ellwood - 'and how much higher can prices for single private properties actually be pushed?'
London property market ‘is gradually regaining momentum’ – Chestertons
Estate agency reports improved instructions, agreed sales, enquiries and viewings numbers in February.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes