‘There are signs that normality is returning’ to the property market, says Knight Frank, but uncertainty remains
"The UK will officially be declared to have entered a recession next month," says Knight Frank's Tom Bill. "Recessions are not normally good news for the property market but given how strongly it is performing, this is also unlikely to be any ordinary recession."
Property transactions to plummet by 38% this year, predicts Knight Frank, but PCL prices are set to surge in 2021
Over half-a-million property sales will be "lost" due to the Coronavirus lockdown, predicts Knight Frank, but prices are likely to "recover sharply" once restrictions are lifted.
By PrimeResi
Three Phases: How prime London’s property market will emerge from the Covid-19 lockdown
The ongoing Coronavirus lockdown will be followed by a "mini-boom" in prime London's property market, predicts super-prime specialist estate agency Beauchamp.
By PrimeResi
Buyer demand bounced back immediately as the property market reopened
Rightmove points to some big potential changes in the post-pandemic property market, as many people "re-appraise their housing needs".
By PrimeResi
Companies in this article
Knight FrankMost read
Super-prime specialists join ‘London’s original brokerage house’
The London Broker signs ex-Lodha star Philippa Bromley-Martin & Cannes-based luxury specialist Jez Moore as platform expands internationally.
‘This isn’t just an expansion – it’s a transformation’: US mega-brokerage Douglas Elliman goes global
Major-league luxury real estate brand sets sights on Europe & beyond; high-profile alliance with UK-based Knight Frank 'mutually concluded' after 15 years.
John D Wood & Co adds five-branch agency in SW London
Well-known firm with operations in Battersea, Balham, Fulham & Clapham joins prime agency's expanding 'family of brands'.
PCL dealmaker Harvey Cyzer on the state of play in Mayfair’s property market
The headlines may be bleak, but sales revenue at OB Private’s Mayfair office is up 228% year-on-year - so are smart buyers seeing what others aren’t?
By Harvey Cyzer
Boutique London developer targets European expansion
Alex Macaulay's Kinland has lined up luxury schemes in Portugal & the French Alps, after delivering two sell-out projects in South London.
Berkeley unveils landmark gasholder conversion in south London
The major developer's latest project is delivering 199 new homes beside one of the UK's most iconic sporting venues
Global buyers drive $115mn bidding at luxury property auction in London
High-value villas, ranches and vineyards were among the offerings at the latest Concierge Auctions event, held last week at Sotheby's London.
Former boss of JLL Kensington joins Moveli
'Upper market' brokerage's latest signing will cover Cheltenham, the Cotswolds & London.
Super-prime brokerage to rev up PCL expansion with trophy Knightsbridge base
UK Sotheby's International Realty is taking over a former McLaren showroom at One Hyde Park, hot on the heels of another marquee branch opening in Kensington.
Rhodium brings in former LVMH director for global branded residences push
Luxury sector heavyweight Pierre Mallevays joins Dean Main’s super-prime firm as Strategic Advisor, as it eyes more international growth.
LATEST ARTICLES
Super-prime brokerage to rev up PCL expansion with trophy Knightsbridge base
UK Sotheby's International Realty is taking over a former McLaren showroom at One Hyde Park, hot on the heels of another marquee branch opening in Kensington.
In Pictures: Inside an £18.5mn duplex at 60 Curzon, designed by De Rosee Sa
London & Lisbon-based studio delivers a mid-century-inspired, art-filled showstopper, as super-prime Mayfair scheme nears sellout.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Barclays Private Bank: ‘Five signs the tide may be turning for London’s prime property market’
'The outlook remains varied,' bank tells HNW clients, but 'there are clear signs that interest is picking up at the top end of the London property market.'
By PrimeResi
Christie’s International Real Estate adds more Caribbean coverage
New Anguilla venture will be led by veteran broker Dominique Silvera, also the founder and chairman of CIRE Barbados.