The smart money is making a move in London, but will these early shoots bear fruit?
A US tycoon's recent ultra-prime splurge has helped boost sentiment in the capital, write Richard & Sophie Rogerson, but the key challenges remain for all buyers...
Richard is the CEO of RFR and leads the firm’s Advisory practice. He principally focuses on transactional and advisory mandates for the firm’s private clients who look to him particularly for strategic counsel and tactical input on a wide variety of their most complex residential property issues. Prior to joining RFR, Richard was a Partner at Macfarlanes, one of the world’s most prestigious law firms. As a lawyer, Richard advised private clients, investment funds and corporates across multiple sectors including private equity, finance and real estate. Richard has edited two books on finance and private equity and holds an LL.B Law (Hons) from the University of Durham.
‘It is far too early to predict any form of bounce in the London market’ – Garrington
"Whilst the property market has been buffeted over recent months, there is growing evidence to suggest conditions are normalising," says national buying agency Garrington in its latest market review, which…
By PrimeResi
‘We can see the first green shoots of a recovery’: Mishcon’s James Liffen on the current state of the property market
"We can see the first green shoots of a recovery," writes James Liffen of Mishcon de Reya as he takes stock of the property sector's current situation, "but think it may be some time before the prime and…
By James Liffen
Is now the right time to buy in London?
There's been "no crash, no fire sales and no mass exodus from London", despite three years of catastrophising by "so-called 'experts'", writes Islay Robinson, CEO of global mortgage firm Enness.
Companies in this article
RFR PropertyMost read
In Pictures: £24.75mn show apartment unveiled at luxury Mayfair scheme, 60 Curzon
A flurry of sales have been finalised at the Art Deco-influenced project in recent months.
Luxury agency UK Sotheby’s International Realty launches property buying arm
The London-based brokerage has already signed up private clients with a combined £300mn to spend on high-end homes in 2025.
Big-ticket townhouse sale completes in Marylebone
Buyer exchanged on 'incredible' mixed-use proposition, listed at £22.5mn, just before the Budget.
High-flying agent joins Harding Green in Clapham
Catherine Wilson previously worked at Douglas Elliman in New York, and ran sales for the King's Cross & Battersea Power Station developments in London.
By PrimeResi
Global branded residences sector to double in size over the next seven years, predicts agency
Demand for high-end branded product is showing no signs of slowing down, reports Savills, revealing another 60 names are poised to enter the space by the end of the decade.
Buying agency flags ‘window of opportunity’ for house-hunters
It's shaping up to be a busy winter season for the property market, suggests Recoco.
By PrimeResi
Luxury Property Forum founder announces global ambitions
In Pictures: Priya Rawal hosts the LPF Christmas Soiree at Ginza St James's.
By PrimeResi
Ending non-dom tax breaks has cost £140mn in ‘lost’ Stamp Duty revenue, claims agency
Knight Frank believes speculation over tax changes caused a 'shortfall' of 142 high-value property sales since March, resulting in a 'theoretical loss' in revenue for HMRC.
By PrimeResi
Foreign buyers shift focus in UK property market amid changing trends & taxes
The proportion of overseas buyers has risen to 27% in London, new stats show, with Asian investors at the forefront.
Global sports star nets Bugatti-branded penthouse
Developer Binghatti reveals A-list buyer at latest ultra-luxe project in Dubai.
LATEST ARTICLES
Some leasehold reforms to be enacted ‘at pace’ next year, promises government
The 'two-year rule' will end in January, but the announcement of more consultations mean major changes to the leasehold system are still some way off.
By PrimeResi
Five key trends shaping Alpine property markets in 2024-25
Property markets in Europe's traditional ski resorts are proving 'resilient', says Knight Frank, as wealthy buyers discover the mountains' year-round appeal.
By PrimeResi
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
In Pictures: Extraordinary Jersey mansion seeks £35mn
This 'Mayfair specification' super-prime house overlooking St. Brelade's Bay is 'the ultimate retreat for discerning homeowners', say agents.
By PrimeResi
Estate agents report another rise in agreed sales
Propertymark expects home buying & selling activity to 'accelerate over the coming months moving into 2025.'
By PrimeResi