Summer scramble in Prime London as vendors head to market
Latest data from LonRes shows the number of new properties reaching the market in July was up 39% on the same month last year, with 9% more deals agreed; reports of sustained demand ‘bode well’, says firm, but recovery reliant on UK's economic fortunes over the coming months...
New instructions surge in Prime London amid ‘surprisingly busy’ summer sales market
More properties are also going under offer, but it’ll take another month or two before we start to see any annual growth in deal volumes, reports LonRes...
Brexit uncertainty weighs heavy on Prime London as vendors and buyers ‘withdraw from the market’
LonRes records further declines in transactions, instructions and prices, but notes a boost in the number of homes going under offer;
London’s super-prime market holds steady; pent-up demand building
Despite intense political uncertainty, transactions above £10m are only marginally down on last year, reports Knight Frank, and activity levels look to be on the rise as vendors over-compensate on pricing...
Most read
Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
Property Industry Reactions: Starmer resigns, opening the door for a Burnham premiership
UPDATED: It's a 'double whammy,' says Becky Fatemi - 'uncertainty over future policy, followed by concern about the policies themselves.
Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
‘Change’: Charles Curran on what a Burnham premiership could mean for London’s prime property market
'We see Mr Burnham as a negative for the Prime Central London property market for second home owners, foreign owners and landlords,' writes estate agency boss.
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
Knight Frank recruits Savills sales chief Kelly to lead London resi teams
Liza-Jane Kelly will join in September to run offices across the capital and grow the agency's new affiliate broker model.
In Pictures: John D Wood & Co.’s Summer Party 2026
Venerable estate agency held its annual bash in Belgravia last week.
LATEST ARTICLES
Dubai property developer named as prospective buyer of ‘£190mn’ London mansion
The FT cites 'people familiar with the matter' to identify the prospective new owner of The Holme in Regent's Park.
Berkeley profits drop by nearly 15%
The major housebuilder has bought just three sites in the last three years, as economic and political challenges thwart activity.
Notting Hill & Bayswater specialist joins Harding Green
Brokerage recruits well-known former Marsh & Parsons director.
Trevor Abrahmsohn: My radical solution to ending bad buyer behaviour
Any ‘instant contract’ system will still be riddled with legal exits large enough to drive a removal lorry through - there is a much better solution available, says veteran agent.
House-building numbers set to slump as viability squeeze deepens – Savills
Property consultancy's updated forecast points to a sharp downturn, with completions falling to just over 150,000 in each of the next two years.