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…
By PrimeResi
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...
By PrimeResi
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.
By PrimeResi
Most read
Well-known RBKC specialist returns to Savills
Dan Martin made the move to luxury brokerage UK Sotheby's International Realty in 2023.
£38m Belgravia mansion sold in London’s first super-prime deal of 2025
Five super-wealthy buyers were fighting it out for the 9,000 sq ft Grade II listed townhouse on Wilton Crescent over the festive period.
International buyer swoops on £26.25mn Mayfair mega-lateral
Fairway Capital sells 'palatial' residence in former Rolls Royce HQ on Old Park Lane; reports £120mn 'wave' of deals to buyers from the UK, Middle East & Asia.
St John’s Wood super-home project goes for £2mn above guide
Multiple bids went in for the 'best-in-class' 10,000 sq ft new-build scheme, which was being offered with a top-tier design team already in place.
Savills PCL teams toast £100mn festive deal flurry
Prime Central London agency & resi development divisions report 'one of their strongest ends to a year' after HNW buyers splash out on mansions & penthouses.
London’s super-prime property market slumps to five-year low
£15mn-plus deals dropped off by a quarter in 2024, reports Beauchamp Estates, as tax hikes, non-dom changes & political uncertainty spooked billionaire buyers.
Harding Green signs former UK Sotheby’s International Realty MD
Guy Bradshaw will focus on Cheshire’s high-value property market as part of the 'freelance' brokerage's expanding network.
Harrods Estates names new Knightsbridge sales manager
Well-known dealmaker steps up at PCL agency's flagship branch.
Luxury brokerage sets up new Private Client Service
New end-to-end offering from United Kingdom Sotheby’s International Realty will connect ultra-prime property markets including the UK, UAE & Saudi Arabia.
Strutt’s former rural chief teams up with top buying agent for new venture
Jess Simpson & Matt Sudlow have launched Stoneacre Advisors to provide private clients with advice on high-value, complex, rural property transactions.
By PrimeResi
LATEST ARTICLES
The Future Is Green: Property industry insiders on balancing luxury & sustainability
Members of The Luxury Property Forum share expert insights into how the prime resi industry is embracing the challenges & relishing the innovations of taking a more sustainable approach...
By Priya Rawal
‘Promising permanence in uncertain times’: Luxury design firm predicts six key interiors trends for 2025
Future heirlooms, home bars & mood-enhancing hues will be high-up on clients' wish lists in the year ahead, says Taylor Howes.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
‘January sales in full force’: 35% of property listings have seen a price reduction
Ranked: Which regions are seeing the most asking price cuts?
By PrimeResi