Main image: Row of colorful residential houses on London street
‘The most competitive rental market on record’: Tenant demand climbs as would-be buyers hold fire
Demand for rental homes is rising as some would-be buyers pause to see what happens with mortgage rates in the new year, says Rightmove.
‘Intense’ tenant demand fuels record prime rental growth in London
Current growth rates 'cannot be sustained,' says Savills, as its prime lettings index records the highest annual increase since it started in 1979.
‘Most competitive rental market ever’ drives record rental price inflation
Average asking rents have risen by over 20% in Central London over the last year, and by 11% outside of the capital.
London rents reach a record high as supply shrinks and demand climbs
Foxtons has listed 38% fewer rental properties so far this year compared to last, while tenant demand is running high.
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Super-prime agency lines up brokerage model expansion
UPDATED: 'This is not a shift towards scale, nor an attempt to mirror larger brokerage platforms... it is a natural extension of our boutique approach', says Beauchamp boss Gary Hersham.
Campions acquires boutique PCL agency Aston Chase
Estate agency group steps up expansion with addition of established Prime Central and North West London operator.
Luxury brokerage recruits two high-flying West London specialists
Euan Rollo was previously a Director at Savills in Notting Hill; Adam Andersson Broholm was a Partner with Knight Frank in Chiswick.
Knight Frank expands remit for van Straubenzee amid Middle East push
Private Office co-head to lead regional growth alongside global role
Savills reports flurry of £10mn-plus country deals
Agency tucks away £112mn worth of super-prime country piles as HNW buyers make their move.
Sales hit halfway mark at luxury Kensington scheme
Residence One says its Allen House project has 'consistently outperformed other schemes'
Savills installs new head of Fulham sales
Tom Reeves takes charge of multi-office operation in SW London following the retirement of Emma Stead, who spent over thirty years with the agency.
In Pictures: Berkeley launches ‘jewel in the crown’ at King’s Road Park
Flagship phase of SW London regen scheme to deliver 143 apartments across two Foster + Partners-designed buildings.
$550mn Monaco deal could set new global home sale record
Details surface around a transaction in the principality’s ultra-prime Mareterra enclave that would rank among the largest ever recorded.
Nearly 1,700 PCL homes relisted or repriced as sellers struggle to secure buyers
AgentWise analysis finds 790 Prime Central London homes back on the market and a further 893 with reduced asking prices; Marylebone, Kensington and Chelsea among the most affected areas.
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LonRes rolls out new tool to guide rent setting ahead of rule changes
New Rental Checker designed to help letting agents comply with Section 13 of the Renters’ Rights Act, drawing on achieved rents.
Foxtons posts 35% fall in Q1 sales revenue
Stamp duty hangover and ‘more challenging’ market backdrop prompt cost cuts and sales reset, with lettings helping to offset the slowdown.
Boutique agency lines up another Beaufort Gardens double building at £19.5mn
Working with Knight Frank, Maskells picks up trophy instruction near Harrods after marshalling similar sale last year.
London’s super-prime status ‘under pressure’ as Tokyo & Dubai lead global house price growth
'Prime residential property has pulled away from the broader housing sector' in many global markets, says Knight Frank, but the UK capital has dropped to 93rd place on the firm's annual PIRI 100 index.
How much prime property does US$1mn buy around the world?
Knight Frank's latest Prime International Residential Index illustrates how the spending power of US$1mn has contracted in many luxury markets over the last five years.