Tenants in ‘sprint for stock’ as London lettings market suddenly shifts
A tenant’s market has become a landlord’s market in the last six weeks, reports Knight Frank, as offices re-open and air traffic rises.
Prime London market begins 2021 with bumper stock levels
            Huge inventory builds up across the prime postcodes after Covid blows seasonal activity patterns off course.         
    London market ‘holds its own’ as sales top £56bn
            £56.2bn worth of real estate has been sold across the capital since the start of the pandemic, according to analysis of Land Registry records.         
    Stock continues to pile up in Prime London
            68% more properties reached the market in October compared to the same month in 2019, reports LonRes, and levels are running at 37% above the five-year average...         
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
            A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.         
    Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
            More speculation about potential tax hikes in November's Budget event.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
            2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Battersea Power Station owner reportedly mulls sale
            It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
            As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.         
    
            By            Lucian Cook                        
        
        
            
            
                
                
                
            
        
    Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
            Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.         
    London letting agency under fire over Chancellor’s rental mis-step
            Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
            Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.         
    Knight Frank concludes South of France partnership
            Agency points to ‘evolving strategic priorities’ as it announces another change to its French network.         
    Industry Reactions: Renters’ Rights Bill gains Royal Assent
            New laws represent 'seismic' changes for landlords, tenants & letting agents.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
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In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
            Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.         
    La dolce vita gets dearer: Italy doubles flat tax for wealthy new residents
            As PM Meloni ramps up the annual levy for UHNWIs to help raise revenue, Knight Frank's Kate Everett-Allen explains the background to the changes & the implications for Italy’s luxury real estate market.        
    Industry Reactions: UK property transactions tick up
            Housing market described as ‘remarkably resilient’ & 'broadly stable' as HMRC reports increase in September sales.         
    Development land market ‘under pressure’ as investors take pause
            Sentiment in the UK's residential development land market remains positive, says Savills, but things are slow-moving.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Weekly Showcase: Ten featured prime resi listings
            PrimeResi's regular stock check, powered by LonRes.         
     
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
        