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
Luxury brokerage faces allegations of workplace misconduct
High-profile firm insists it 'does not tolerate harassment or inappropriate conduct' following Bloomberg report.
Trophy Lancaster Gate apartment block offered for sale
Agents instructed on rare unbroken freehold building just off Hyde Park, with investors and developers expected to target.
Notting Hill villa changes hands for nearly £32mn
Mid-19th century residence is one of the area's finest examples.
Former Schroders base in Mayfair cleared for prime resi conversion
'Remarkable' Upper Grosvenor Street building is set to deliver eight apartments alongside valet-led parking facility in Reeves Mews.
Super-prime Barnes gem changes hands in landmark off-market deal
Sale of Grade II listed house ranks among SW13's biggest in recent years.
What WOW!house says about the future of super-prime interiors
PrimeResi tours the annual interiors showcase in Chelsea Harbour, featuring 22 installations by top studios including Martin Kemp, Albion Nord, Rigby & Rigby and Elicyon.
British Land picks new CEO
Joanne McNamara will lead the FTSE-100 property company, replacing outgoing chief Simon Carter.
By PrimeResi
Penthouse overlooking Lord’s makes market debut, seeking £10mn minimum bid
Home of Cricket-facing apartment with 100-ft terrace is being offered for sale for the first time, with all proceeds due to go to charity.
Off-market properties outnumbering online listings by 5:1 in PCL, says buying agency
Fear of not having seen everything available is now the main factor weighing on buyers’ minds and undermining confidence, reports Eccord.
Rupert Collingwood: The property ladder is freezing from the top down
If we want the market to function more efficiently again, we need to stop viewing the housing crisis purely through the lens of first-time buyers, says brokerage chief.
LATEST ARTICLES
Knight Frank warns of rental market ‘overcorrection’ as supply shrinks & rents rise
Agency says competition for available homes in Prime London has reached its highest level since September 2022.
Buying agency ‘seal of approval’ seeks to help home-buyers pick trusted advisors
First In The Door's Prime Property Seal of Accreditation™ aims to create 'a curated network of best-in-class advisors.'
By PrimeResi
In Pictures: PLP completes biophilic Singapore tower in South-East Asia debut
London-headquartered practice unveils 21-storey luxury resi project inspired by a butterfly in flight and designed around the concept of a vertical garden.
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
By PrimeResi
Rockwell completes first Hurlingham Waterfront building
The Thames-side regen scheme is delivering 269 new homes in SW London.
By PrimeResi