The Big PCL Price Drop: Calculating the discount on a £5m property
Full-year sales figures for 2018 showed a surge in the number of £5m+ deals across central London, and it's not hard to see why...
Knight Frank predicts ‘rising momentum across all property markets’, with PCL set to out-perform
Prime Central London property prices are likely to rise by 18% over the next five years, forecasts Knight Frank, out-performing mainstream markets.
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Savills predicts 6% house price ‘bounce’ for post-Brexit PCL
"Our five-year projection may look ambitious at this moment of peak uncertainty," says Savills' research chief Lucian Cook, "but it looks pretty modest when viewed against history.
By PrimeResi
104 property sales worth £2.06bn: London’s super-prime market in five charts
Some fascinating insights into this year's £10m+ sales market from Knight Frank, including a flurry of £30m+ deals, building demand for super-prime, currency plays, and how UHNW buyers are getting younger…
By PrimeResi
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UK Sotheby’s International Realty confirms departure of Managing Partner Reynolds
Claire Reynolds spent 19 years with Savills before joining George Azar's brokerage to lead a dramatic expansion in prime London.
By PrimeResi
Agency seals record-breaking deal in ‘London’s first luxury apartment block’
'Spectacular' £10.75mn duplex at Albert Hall Mansions was sold to an overseas buyer.
PCL property & wealth management consultancy bolsters team
Mayfair-based Lanesborough Advisory installs Henry Browne as Partner and Co-Owner.
Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
By PrimeResi
Turning the page: Why it’s time to exit the ‘Wexit’ echo chamber
It would be impossible for prime markets not to feel the impact of recent tax changes, but the reality of the 'wealth exit' on the ground is different from the media perception, say top property advisors…
£50mn trio of trophy apartments sold at 9 Millbank
Series of super-prime sales at the landmark St Edward scheme marks a 'significant milestone' for Westminster's property market, says agency.
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
Buyer sought for Lutyens’ last country house masterpiece
Grade I Cotswolds mansion debuts on the open market, seeking offers over £18mn.
Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
By PrimeResi
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
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Big-brand luxury property brokerage launches ‘flagship’ West London office
UK Sotheby’s International Realty has opened a fifth branch in the capital, setting up shop with a strong team on Kensington Church Street.
By PrimeResi
Solicitors get new guidance on navigating climate change in property transactions
67% of respondents to the Law Society's recent consultation felt uncertain about how to advise on risks posed by increasingly extreme weather.
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John Caudwell has been inspired by the links between the famous Peking to Paris Rally and his £300mn resi project on the French Riviera.
Kensington market heats up as international buyers sense an opportunity
Agency reports flurry of transactions between £5mn and £10mn across the prestigious neighbourhood.
Tribunal rules on high stakes CGT case over super-prime Chelsea mansion
The Finchatton-built home sold for more than £27mn in 2015.
By PrimeResi