Tag: Editor's Choice
How Brexit is affecting removals: ‘We might advise customers to put their move [to Europe] on hold to allow for the dust to settle’
The removals business is flying as the UK’s property market continues to romp along, says Anthony Ward Thomas. But Brexit has complicated matters for many international relocations. It’s “not all doom and gloom,” he writes, but “we might advise customers to put their move [to Europe] on hold to allow for the dust to settle.”
Interview: Knight Frank’s Tim Hyatt on team morale, market resilience & the future of estate agency
On April 1st 2020, when the UK had been in lockdown for exactly nine days, Tim Hyatt took over the management of Knight Frank’s UK residential business and joined the group executive board. He succeeded Andrew Hay, who had been with the firm for 37 years. PrimeResi caught up with him shortly after the announcement of a third national lockdown to talk team spirit, market trends, future plans – and the agency’s ‘Cobra Room’ equivalent…
Average London house price tops £500k for the first time
The pace of property price inflation picked up dramatically towards the end of last year, according to the latest official UK HPI. London’s average property price has topped £500,000 for the first time, while the UK average has reached a record high of £250,000.
Luxury property industry insiders assemble to discuss what 2021 may hold
The first Luxury Property Forum webinar of 2021 will see chair Priya Rawal joined by Savills’ Lucian Cook, Black Brick’s Camilla Dell, CMS Cameron McKenna’s Swita Kothari, and Accouter’s Alec Watt.
Investor swoops on £35m Mayfair scheme
London & Monaco developer REDD sells its entire 82 Mount Street scheme to a bulk buyer within days of the off-plan sales launch.
Savills reports ‘an extraordinary rebound’ in prime resi activity
“The volume of activity in prime residential markets [outside London] for [2020] as a whole was the strongest since before the global financial crisis,” says Savills.
Major players back call for Unique Property Reference Numbers
Over 50 influential property industry organisations – including Savills, Knight Frank, Countrywide and Foxtons – are calling for the introduction of Unique Property Reference Numbers. “Widespread adoption of UPRNs could revolutionise the property market,” declares one backer.
Leasehold law changes: How will the property market react?
Last week, the government proposed a major reform of leasehold laws, with new rules possibly arriving within two years. Knight Frank’s team has analysed whether the prospect of the new rules will have an impact on the property market from today…
Anti-viral Marketing: How property agents are keeping the market moving safely in lockdown
“This is a golden opportunity for our industry to gain the trust of the public,” says one top industry pundit, as estate agents and buying agents share how they have adapted to doing business by the book in lockdown.
Leasehold shake-up promises the ‘biggest reforms to English property law for forty years’
The Government has announced some major reforms to the English leasehold system, in a bid to “fundamentally make home ownership fairer and more secure.”
Interview: Marcus Bradbury-Ross & Charles Lloyd on launching CBRE’s new Private Office
Last year saw major-league agency CBRE bring together four Savills alumni – including one of PCL’s best-known agents, Charles Lloyd, and acquisition specialist Marcus Bradbury-Ross – to offer ‘bespoke and confidential advice to private clients on residential property across the globe’; speaking to PrimeResi, they discuss the challenges of starting a new venture in the middle of a global pandemic, avoiding conflicts of interest, and the key trends at play in the super-prime market…