'The best buying opportunity in nearly a decade': Why PCL is well-placed to weather the storm
Despite well-documented near-term challenges, factors including current pricing, currency movements, interest rates and the recent stamp duty cut mean the London market is offering the best buying opportunity in nearly ten years, suggests Rory Penn...
Rory Penn is Joint-Head of Knight Frank’s Private Office.
What to read next
‘The market is splintering,’ warns buying agency as buyers show ‘a heightened sense of caution’
"The UK property market has mirrored recent weather trends seen over the last month," says Garrington's research presenter, Olivia Wayne, in the buying agency's August property market snapshot - "with…
Weak sterling opens a ‘window of opportunity in London for Middle East investors’
JLL estimates that sterling buyers are currently paying 35% more for London properties than they were in 2014, while those purchasing in US dollars are paying 3.8% less.
Savills halves PCL price forecast for 2022
Prime Central London's property market recovery is taking longer than expected, says Savills, as it downgrades its forecast for this year.
Most read
Arts & Crafts gem on Kensington Palace Gardens reborn as six ‘world-class’ residences
Luxury developer REDD unveils set of super-prime homes following ambitious five-year restoration of Philip Webb-designed landmark.
Alex Michelin: How driverless cars will reshape the property market
Luxury development chief says driverless revolution could redraw the prime London map.
£12.25mn Chester Square townhouse finds buyer after agency switch
Boutique firm seals super-prime Belgravia deal after two previous agents had marketed the property.
‘New strategy’ drawn up for 15,000 sq ft Belgravia trophy
Three-building spread could be transformed into one of PCL’s most valuable private residences.
Boutique London agency names new MD; opens Fulham office
Landstones has moved into the former Draker space on Fulham Road.
By PrimeResi
Savills makes key resi hire in Dubai
Greg Stockton is on board to link UK developers with investors, wealth managers and adviser in the Middle East.
By PrimeResi
Green light for £2bn Vauxhall Square mega-scheme
Pilbrow & Partners' 69-storey Vauxhall regen project squeaked through Lambeth's Planning Committee.
By PrimeResi
Harding Green recruits another top Foxtons agent
Sloane Square ops director makes move to self-employed broker model after nearly 17 years with former firm.
Enness Global installs new Chief of Staff
Douglas & Gordon veteran joins the HNW finance firm.
By PrimeResi
Billionaire financier quits UK tax residency – but keeps massive Wiltshire mansion restoration project
One of Britain’s biggest taxpayers is reportedly relocating fiscal affairs overseas.
By PrimeResi
LATEST ARTICLES
‘The penny has dropped’: London’s supply of supersized apartments is drying up
‘Signs of urgency’ emerge around the capital’s top schemes as new figures reveal how Westminster’s size limit is reshaping the super-prime landscape.
Christie’s makes major New York play with launch of 120-agent brokerage
Luxury property brand builds new Manhattan operation around Warburg team, headed up by Kevelyn Guzman.
Global Branded Residence Survey 2026: Sector to top 300,000 units by 2031
New Knight Frank analysis flags big diversification, with growth beyond key cities and non-hotel brands set to account for almost 40% of branded resi supply within two years.
By PrimeResi
Buy-to-let company formations set to fall for first time since 2008
The pace of rental price growth increased again in August, as Hamptons flags a 'turning point' for property investors.
By PrimeResi
Zoopla flags first drop in rental supply for three years
Property portal expects average rents to rise 4-5% this year.
By PrimeResi