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
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JLL opens new west London office
Firm responds to 'growing demand' for its services in & around Kew, Chiswick, Brentford & Acton.
In Pictures: Pawson-designed ‘masterpiece’ up for sale in Mayfair
Minimalist 1987 creation was designed by the acclaimed architect for the renowned art collector Doris Lockhart Saatchi.
Fast-growing luxury agency recruits two new lettings directors
United Kingdom Sotheby’s International Realty continues expansion, bringing in PCL specialists Minnie Stainrod & Olivia McSweeney.
The Buying Solution names new chief
Will Watson takes the reins at the top-flight property buying agency.
By PrimeResi
London Square picks up prime Vauxhall development site
Resi developer continues its acquisition spree in central London.
By PrimeResi
City law firm names new Head of Residential Property
Super-prime specialist Parveen Abbas has stepped up to lead the 257-year-old practice's resi real estate division.
By PrimeResi
‘Iconic’ freehold block hits the market in Belgravia
'Exceptionally rare' proposition on Eaton Place is expected to attract global interest.
PCL estate agency launches interior design service for short-lets
'We’ve seen increasing demand from clients to help prepare their houses and flats before letting,' says Ed Woolgar of Russell Simpson.
By PrimeResi
Ranked: The world’s 50 wealthiest cities in 2024
London has lost 10% of its high net worth population over the last ten years, pushing the UK capital down to fifth place on a list of the world's most millionaire-heavy cities.
By PrimeResi
600 new towers set to transform London’s skyline amid ‘huge changes’ for tall buildings
But 'momentum has slowed considerably' for high-rise residential development projects, says NLA.
By PrimeResi
LATEST ARTICLES
Strutt & Parker strengthens Home Counties team
Agency's latest appointments are a 'strategic move' in response to a busy market in Berkshire & Surrey.
Heaton & Partners appoints first COO
Jack Frost has re-joined Ed Heaton's buying agency, stepping into the newly-created Chief Operating Officer role.
By PrimeResi
Savills & Fuller Gilbert serve up £18mn mansion in Wimbledon
High-spec specimen on Parkside is 'one of the most prestigious houses to come to the market in recent years'
We see significant opportunities ahead: Haringtons on prime London & country markets in 2024
One of the UK's longest-standing acquisition firms reports on how buyers are responding to the current economic uncertainty, and a looming general election.
‘We’re seeing some huge increases in rents of late,’ says London agency
One London borough has seen average rents rocket by 27% in the last year.
By PrimeResi