Surge in luxury holiday homes being put up for sale as ‘even the wealthier people want to ditch the debt’
"The surge in the number of holiday homes coming onto the market in the South Hams is hard to miss," says the founder of Salcombe-based luxury rentals firm Finest Stays.
Children of the Revolution: How the Millennial & Gen Z generation have impacted the luxury property sector
'The rise in private wealth amongst the Millennial and Gen Z generation has the potential to completely re-shape luxury property for the future,' say members of the Luxury Property Forum as they identify…
Buyers pay 39% more for homes with larger gardens
It'll come as no surprise that a garden adds value to a property, but new analyses by top-flight estate agencies - coinciding with the Chelsea Flower Show - quantify the gain...
Larger homes are taking ‘considerably longer’ to sell
'One of the early underlying trends of 2023 and a direct effect of higher mortgage rates has been strengthening demand for smaller homes,' says Hamptons, as the housing market slows down.
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Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
Global sports star nets Bugatti-branded penthouse
Developer Binghatti reveals A-list buyer at latest ultra-luxe project in Dubai.
‘Game-changing’ new index promises transparency & clarity for luxury property projects
RedBook debuts 'industry-first' benchmarking tool for clients & advisors; reveals key insights into the design & construction sectors' 'world of smoke and mirrors'.
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
Wealth industry awards recognise top HNW advisors
UK Sotheby’s International Realty picked up the Grand Prix 'Private Client Firm of the Year' at the 2024 Spear's Awards, while Becky Fatemi was named Property Broker of the Year.
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Storied Berkeley Square pied-à-terre seeks £6.5mn
Grand apartment building at No.48 has links to two British Prime Ministers.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Knight frank, Hamptons, Foxtons, RedBook, Propertymark, Rightmove & more...
Native Land completes ‘Edinburgh’s premier residential offering’
The New Eidyn scheme has set new-build price records in the Scottish capital, claims developer.
Expert Views: Property industry insiders on the government’s latest leasehold reform plans
Lawyers & leasehold specialists weigh-in on a big update on leasehold reform - including that the 'two-year rule' for leasehold extensions ends in January
Property market poised for ‘excellent start’ to 2025
2024 was marred by uncertainty, but full-year transaction volumes should still come in 12% higher than 2023 and only 2.8% lower than 2019, says TwentyEA.