A record 50% of homes sold last year took a price cut
After a subdued 2023, Hamptons expects the supply of homes available to buy to improve this year, although 'confidence could still be vulnerable to economic shocks and global events'.
More than one in five London homes sold in 2023 went above £1mn
17,590 properties have sold for more than £1mn in the capital so far this year - which is 21% of all resi transactions.
More than half of homes sold in September had their asking price reduced
'With some sellers still holding out for last year’s prices, it’s the number of homes changing hands rather than their price that’s bearing the brunt of the slowdown,' says Hamptons.
‘London leavers’ spent 29% less on homes outside the capital in 2023
Londoners' spending on homes outside the capital has returned to pre-Covid levels, reports Hamptons.
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Native Land lines up next super-prime play with Belgravia acquisition
Rare half-acre freehold secured for amenity-rich luxury resi scheme designed by Pilbrow & Partners.
Strutt & Parker bolsters country house team with high-level hire in the South West
Sarah Brown has moved from Knight Frank, becoming the latest in a run of senior appointments by the BNP Paribas-owned agency.
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US & Caribbean construction firm enters UK’s super-prime market
Remian acquires high-end specialist Rossco and sets up London HQ.
Knight Frank maps out ‘highly targeted’ expansion across key global hubs
Focus will be on 'expanding thoughtfully in the markets that matter most to our clients', says property firm's head of international.
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Albion Nord appoints two new Creative Directors
The London-based interior design studio is expanding across the UK and overseas.
Griskin brothers team up to advise HNW buyers
Indie buying agency specialises in international & Russian-speaking private clients.
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