London Property News
‘Rebalancing begins’ as prime London’s property market catches up with country house performance
Knight Frank and Savills have both flagged a revival for central London's property market in the opening months of this year
Prime Central London ‘stirs into life’ after two quiet years
"Prime Central London is now moving back into the spotlight," says Knight Frank. "The fact prices have been falling for six years helps."
London retains Schroders’ Top Global City crown
London, Boston, San Francisco, New York and Melbourne are the best global cities, says asset management giant Schroders.
Green light for controversial South Bank development
Imposing office-led plans for the ITV Studios site on the River Thames have been given the go-ahead by Lambeth Council, despite vocal local opposition.
New luxury resi plans submitted for dilapidated Kensington hotel
The owner of the old Clearlake Hotel on Prince Of Wales Terrace is reported to be Roman Abramovich’s "right-hand man".
Prime London buyer demand ‘stalls’
One in four prime London property listings has already found a buyer, down slightly compared to Q4 2021.
‘Arguably the best new address in town’: Sales to launch at super-prime Knightsbridge Gate scheme
15 ‘best-in-class’ residences between the Mandarin Oriental and the Berkeley Hotel are expected to draw buyers ‘from the four corners of the globe’
Wilben secures another Chelsea development prospect
CapitalRise has provided a bridging loan for the acquisition of a £1.7m property in Chelsea, which the developer plans to demolish and replace.
House Collective rolls into Notting Hill & Holland Park
The boutique agency’s new base on Holland Park Avenue will be headed up by John D Wood alumnus Will Vaughan
60% of sales going to best & finals in parts of London as competition hits ‘fever pitch’
83% of Savills agents have seen an increase in competitive bidding in recent months
Prime London sales running well above pre-pandemic levels, but ‘realism needed on pricing’ as time to sell slows
The breakneck pace of early 2021 has not been matched, but last month's deal volumes were still up by nearly a third on February 2019; latest LonRes analysis also reveals how pricing is having a major…
Ultra-wealthy US buyers step up search for UK trophy homes
'This level of interest is something we haven’t ever seen before', reports Savills London Private Office