London Property News
Top-end buyers downsize in London as Dubai, Miami & French Riviera woo world’s wealthiest
Competition from other wealth centres, concerns about a Labour government & taxation worries have led billionaires to spend less & buy smaller homes in PCL this year, reports Beauchamp Estates.
Counting the real cost of Stamp Duty: The strange case of London’s vanishing mid-market
A decade on, Property Vision's Simon Connell explains how George Osborne's tax reforms have fundamentally altered the capital's property market.
Construction starts on eight new homes on a private gated road in Mayfair
A 'formidable' new luxury property development joint venture is forging ahead with a prime resi project in the heart of Mayfair.
PCL apartment market poised to spring back – LCP
‘There may be buyers who look back over their shoulder with the benefit of hindsight and wish they had taken advantage of this market,’ says investment firm.
Is this the toughest London neighbourhood to buy in right now?
“Stock is severely limited and competition is high, meaning more and more buyers are turning to buying agents for help,” says Black Brick – which has seen a “sharp rise” in search briefs for…
Knight Frank names fastest-selling new-build scheme of 2022 so far
Over 80% of the 133 units at Chelsea Botanica were snapped up in the first week of sales, reports the agency.
Super-prime fixer-upper ‘could be one of Belgravia’s finest private homes’
Low-rise mansion on Lyall Street has the potential to be worth north of £30mn, say agents.
Northacre completes The Broadway, heralding ‘a new chapter’ for the luxury property developer
As luxury property developer Northacre Properties moves in "a new strategic direction", completion of the landmark super-prime reinvention of the former Metropolitan Police HQ site in SW1 marks "an exciting…
Lutyens-designed North London mansion seeks £12.5mn
In Pictures: This storied home in Hampstead Garden Suburb was built for a banking dynasty, owned by the Saudi Royal family, and has played host to a realm of aristocrats, tycoons and entertainment stars.
£5mn price cut for Highgate super-home
Agents came close to selling Heathfield House at the original asking of £40mn, but have slashed the price to spark fresh interest.
Sharp drop in confidence amongst London property sellers
"The change in economic headwinds is starting to be reflected in seller confidence," says OnTheMarket.
Mixed-use plans approved for prominent Mayfair site
Developer O&H Grafton and architects Foster & Partners have secured planning approval for a reworked development on New Bond Street, Grafton Street and Bruton Lane.