The UK’s total housing value hit a record high in 2022 – but that’s likely to be ‘a high watermark for a few years’
Significant house prices gains over the last few years have favoured more owner-occupiers than landlords, suggests Savills.
The total value of London’s housing stock has fallen for the first time since 2009
            The total value of UK residences climbed by 2.7% - or £190bn - in 2018, says Savills, but London saw a 1.5% drop; all the homes in Britain are now worth £7.29 trillion.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Five years on: How 2016’s tax changes have shrunk the buy-to-let market
            “The tax changes introduced from 2016 onwards have undoubtedly taken the heat out of the buy-to-let market," argues Hamptons' research chief Aneisha Beveridge.        
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    The world’s High Net Worth population grew 7.8% in 2021
            North America retains its position as the top global region for the super-rich, while Europe has overtaken a "lacklustre" Asia-Pacific according to Capgemini’s new World Wealth Report.         
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Brace of Mayfair mansions offered as ultra-prime redevelopment opp
            A luxury resi reworking of the twin Georgian townhouses on South Audley Street could deliver a £65mn end product, agents suggest.         
    Rumourmill: Chancellor ‘plotting mansion tax raid’ on £2mn+ homes
            More speculation about potential tax hikes in November's Budget event.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Telegraph: ‘How Britain’s most expensive house became a £250mn white elephant’
            2-8a Rutland Gate is 'a barometer of the vigour of London’s so-called 'super prime' property market', says journalist Jonathan Ford.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Battersea Power Station owner reportedly mulls sale
            It is suggested that BNP Paribas has been brought in to 'explore options' for the sale of non-residential parts of the landmark building.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Tapping the Top End: Lucian Cook on the potential impact of taxing luxury homes
            As the Treasury signals tax changes, Savills' Head of Residential Research examines their potential impact on the prime property market.         
    
            By            Lucian Cook                        
        
        
            
            
                
                
                
            
        
    Knight Frank’s Rory Penn on resilience, recalibration & finding opportunity in London’s prime property market
            Q&A: The high-profile agency's London sales chief reveals a big-ticket deal tally and shares how the business is navigating 'peak uncertainty'.         
    London letting agency under fire over Chancellor’s rental mis-step
            Rachel Reeves 'had not been made aware of the licensing requirement' when she rented-out her home in Southwark via a letting agency.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Property & Pre-Budget Propaganda: Charles Curran on the real effects of policy leaks & speculation
            Maskells' MD reflects on how the recent raft of terrifying predictions are impacting on activity in the prime market - and why opportunistic buyers are still pressing ahead.         
    Knight Frank concludes South of France partnership
            Agency points to ‘evolving strategic priorities’ as it announces another change to its French network.         
    Industry Reactions: Renters’ Rights Bill gains Royal Assent
            New laws represent 'seismic' changes for landlords, tenants & letting agents.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    LATEST ARTICLES
In Pictures: Touring a revamped Rutland Gardens townhouse with Rolls-Royce links
            Design studio Taylor Howes completes a two-year reimagining of a storied Knightsbridge residence - which is now up for sale at nearly £17mn.         
    La dolce vita gets dearer: Italy doubles flat tax for wealthy new residents
            As PM Meloni ramps up the annual levy for UHNWIs to help raise revenue, Knight Frank's Kate Everett-Allen explains the background to the changes & the implications for Italy’s luxury real estate market.        
    Development land market ‘under pressure’ as investors take pause
            Sentiment in the UK's residential development land market remains positive, says Savills, but things are slow-moving.         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
    Weekly Showcase: Ten featured prime resi listings
            PrimeResi's regular stock check, powered by LonRes.         
    ‘Faith in rising property endures, but the buying experience is broken’
            Survey of estate agents finds 'a deep reservoir of buyer & seller house price confidence' in prime markets - but home-movers' 'patience for inefficiency is exhausted.'         
    
            By            PrimeResi                        
        
        
            
            
                
                
                
            
        
     
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
         
            
            
        