The king is dead, long live the king: LonRes' Anthony Payne on the half-comm market
Throughout the many ups and downs of recent decades, the inter-agent market has prevailed - and those who have embraced it have tended to do rather well, says the LonRes MD.
Anthony Payne co-founded LonRes with William Carrington in 1999. He began his property career in a small North London estate agency in 1984 before moving to the Chelsea office of Mayfair based Beauchamp Estates in 1985 where he worked until 1997. In 1997, he joined PKL, a sizable rental agency (subsequently bought by Countrywide) where he built a successful sales and investment department specialising in investors based in the Far East.
Prime London’s sales market slowing as buyer confidence ebbs – LonRes
The market has cooled significantly in 2023 - and now there's even a chill running through the top-end of the market.
The pandemic boom is over for most of the Prime London housing market – LonRes
Activity levels are finally settling down across the prime postcodes, although the top-end is still going gangbusters.
Sellers are having to be much more realistic about pricing if they want to transact in this market – LonRes
Average discount to asking price hits -8.4% in Prime London, with data showing the longer it takes to sell, the bigger the cut.
Companies in this article
LonResMost read
‘£175mn’ restoration project in Wiltshire nears completion
The eight-year rescue of the Grade I listed Tottenham House is said to be the UK’s most expensive home renovation.
Chestertons installs new sales heads in Knightsbridge & Kensington
30-branch agency announces senior appointments at two key PCL bases.
In Pictures: London Square debuts boutique Brook Green scheme
The Aldar-owned developer is converting a set of historic school buildings into a gated enclave of 32 luxury homes.
Savills sounds quietly bullish on early-2026 prime activity
Agency's residential chief says first five months of the year could be the busiest as buyers move ahead of fresh uncertainty.
Opinion: Is Making Tax Digital the final nail in the rental market coffin?
PCL lettings expert Olivia McSweeney explains why an imminent admin shift risks accelerating landlord exits - and deterring the next generation from entering the sector.
In Pictures: Landmark Mayfair mansion with potential seeks £25mn
Former Auchincloss-Coats residence, available for the first time in 30 years, offers scope to create a £55mn super-home, according to agents.
My Property Career: Quickfire Q&A with Becky Fatemi
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Mayfair on top as London’s £5mn-plus market sinks to a five-year low
Super-prime sales volumes slumped by nearly a third last year, reports Savills, high-value buying activity 'returns to pre-pandemic pace.'
By PrimeResi
Savills: Prime markets forecast to bottom out this year – except PCL
Prime Regional property prices are likely to rise 1.5% in 2026, predicts Savills, but Prime Central London values have a bit further to fall.
By PrimeResi
In Pictures: Ransome’s Wharf launches with a ‘refined Chelsea-meets-Battersea aesthetic’
London Square's design team for the 118-home development includes Echlin, Fourfoursixsix, and 5PA Architects.
By PrimeResi
LATEST ARTICLES
In Pictures: Ransome’s Wharf launches with a ‘refined Chelsea-meets-Battersea aesthetic’
London Square's design team for the 118-home development includes Echlin, Fourfoursixsix, and 5PA Architects.
By PrimeResi
Interview: Jason Tebb on what CoStar’s capital means for OnTheMarket’s next phase
Exclusive: OnTheMarket's president speaks to PrimeResi as the property portal updates on progress under CoStar ownership.
New franchisee steps up at Winkworth North Kensington
Lettings manager Jason De Sousa has taken over the agency’s long-running office on Ladbroke Grove.
PCL council warns cyber attack fallout is ‘ongoing and will take several months’
A cyber incident 'with criminal intent' has been causing havoc in Prime Central London since November, causing significant delays to planning decisions across Westminster and Kensington & Chelsea.
By PrimeResi
Book Now: LPF webinar – The global outlook for the luxury property industry in 2026
Priya Rawal will host a live online event on 28th January, featuring an impressive panel of super-prime experts from London, New York & Dubai.
By PrimeResi