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London’s super-prime market ‘changes direction’ as sales slow from a surge to a trickle
A flurry of £10m+ transactions in Q1 has been brought to an abrupt halt by Covid-19, reports Knight Frank, although "buyer interest remains strong pending the market reopening".
Threat & Opportunity: How proptech can drive sustainability in the built environment
"Technologists, entrepreneurs and investment leaders are increasingly identifying sustainability as the defining issue of our times," says Faisal Butt, founder of PropTech investment house Pi Labs.
From A Distance: The reality of remote buying
The concept of buying a property without setting foot inside is not a new one, says Jo Eccles, but doing so successfully requires intricate, specialist knowledge - and a great deal of trust between client…
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
Mid-lockdown mega-deal goes through in Surrey
Amid the turmoil, a HNW buyer has managed to exchange and complete on a £7.5m mansion on the Wentworth Estate;
Locked-down househunters switch off from property as online searches tumble
Despite a massive rise in the number of people staying at home, Google data shows online searches for the two main portals - Rightmove and Zoopla - are currently at a five-year low across the UK, as are…
The view from Knightsbridge: On Covid-19 and its impact on the PCL housing market
No one knows when some sort of new normality will return, writes Patrick Alvarado, but those firms that manage to see out the crisis may end up stronger as a result...
Best Laid Contingency Plans: Considerations for business directors in a challenging financial climate
Some sage advice for business leaders in tough times from Blair Nimmo, KPMG's UK Head of Restructuring and Global Head of Insolvency.
Andrew Hay on market crises, the importance of passion, & handing over the reins at Knight Frank
Lord Andrew Hay has retired from Knight Frank after nearly 40 years.
Virtual Sanity: On video viewings & caveat emptor
Agents and developers are turning to virtual viewings and tours en masse as a way of generating sales during the lockdown, but what happens in the event of a misrepresentation claim?
British businessman rents £30m country super-home at over £40k per week
The coronavirus crisis has resulted in an 'exodus' from the city to the countryside, reports agents, sending prices for top-end rental stock soaring...
Post-Pandemic: What will become of the UK’s residential property market?
Major agencies have a shot at predicting how far transactions and prices will fall during the Coronavirus crisis, and more importantly - when they will eventually recover...