Tenants spent less on rent in 2018 than in 2017; the first annual fall in a decade
Tenants in Britain spent a grand total of £59.1bn on rent in 2018, report Hamptons International and Countrywide, marking the first annual fall in more than ten years.
New lets fall by 12% across the prime postcodes as tenants stay put
Rental transactions in some areas of London were down by as much as 20% in Q2, reports LonRes, citing high renewal rates as a key factor...
By PrimeResi
London leads asking rent growth for the first time since 2014
A drop-off in new rental supply has pushed average asking rents up in the capital, and trimmed the average time it takes to find a tenant
By PrimeResi
Build-to-rent investment jumps a third to breach £2bn
There's a 'clear emerging trend of a shift away from Prime to fringe locations' says CBRE as it reports record-breaking investment in the BtR sector
By PrimeResi
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‘Landmark’ townhouse sale concluded in Chelsea
'Discerning buyers are focusing on best-in-class assets', says agency, confirming sale of near-£28mn trophy home as part of £100mn deal run.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
By PrimeResi
Country house guru Sweeting joins high-end valuation firm
Longstanding Knight Frank figure has taken up a consultant role at James Wyatt's Parthenia.
Property industry reactions: Tories pledge to ‘abolish’ Stamp Duty
Stamp Duty is 'a bad tax, an un-Conservative tax', says Kemi Badenoch.
By PrimeResi
Beyond interior design: St George MD on rethinking the role of the showhome
Marcus Blake talks us through the Berkeley Group developer's new creative direction, and shows off its first completed in-house design effort.
By Marcus Blake
Savills installs new sales boss in Notting Hill
Dan Martin returned to the agency earlier this year following a stint at UK Sotheby’s International Realty.
Unseasonably slow September for London’s top-end property markets
Fresh analysis reveals the impact of pre-Budget jitters on the capital's high-value sales and lettings sectors.
London brokerage recruits former Savills agent to lead ‘quality-driven expansion’
Sean Tully has joined Sean Barrett's The Agency Group as Director of Growth & Recruitment.
By PrimeResi
Five-star Belgravia project sets London price records
The Peninsula London has reportedly proved popular with billionaire buyers from the United States.
Qatari Diar tops £1.5bn sales mark at Chelsea Barracks
Momentum continues at the ultra-luxury Belgravia scheme despite wider market headwinds.
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Rising star joins super-prime brokerage as its youngest PCL director
Chelsea specialist Jessica Moreton has made the move to UK Sotheby’s International Realty from Douglas & Gordon.
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
By PrimeResi
Contemporary mansion sale ‘sets new high-water mark for luxury real estate in Spain’
The 'modern palace' in Sotogrande is one of a series of super-prime homes designed by ARK Architects.
By PrimeResi
In Pictures: Luxury Foster + Partners & 1508 London-designed scheme unveiled in the UAE
Developers tap top UK-based design firms for 234-home beachfront project.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes.