Super-prime property market activity hits six-year high in London
“Property’s reputation as an inflation-hedge gives it extra appeal, while the prospect of rising borrowing costs is injecting a degree of urgency into the market across all price points,” says Rory Penn of Knight Frank's Private Office.
"The prime London property market is in a sweet spot," declares Knight Frank's research team, as buyer demand bounces back and the supply of homes available to buy picks up.
Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year
“London’s super-prime markets stellar end to the year is evidence of the influence that the pandemic-fuelled desire for more space has on residential markets," says Savills.
Companies in this articleKnight Frank
The Prime Minister and Chancellor will announce a reduction in property transaction taxes on Friday, suggests The Times.
After 24 years at Foxtons, Bennett has taken the helm of Beauchamp Estates’ high-profile sales team in Mayfair.
Luxurious AvroKO-designed apartments promise 'the best of hotel living all year round'.
Chelsea-based firm has operated in the luxury property sector since 2013, delivering around 140 projects.
It's being reported that Friday's "emergency mini-Budget" will feature a cut to Stamp Duty. Is this wise, and what impact might such a move have on the property market and on the wider UK economy?
Commission-only property brokerage Nest Seekers is offering a three-month placement to the winner of a new BBC Three show.
The new barometer of luxury is health, says PCL developer Almacantar.
A surprisingly mixed set of responses from the property sector, featuring insights from Savills, Knight Frank, Rightmove, Maskells, Cluttons, Jackson-Stops, JLL, Winkworth, Carter Jonas, Chestertons, …
The nil-rate Stamp Duty threshold has been doubled to £250k, effective from today.
'How these instructions translate into sales will provide a good barometer for the wider health of the market in the months ahead', says LonRes.
Since 2008, renovations and alterations to residential properties that have been empty for at least two years are eligible for a reduced VAT rate of 5%, writes Nick Cunningham of Stacks Property Search.