Three agency chiefs on what the election result could mean for the Prime London property market
'The (surely) inevitable Labour victory has already been somewhat priced into the London residential market,' says Mark Pollack, concurring with Peter Wetherell, who suggests HNW clients have treated the election period 'absolutely as business as usual', and Jeremy Gee, who is already looking forward to 'a busy Summer ahead'.
What do worldwide elections mean for London’s prime property market?
Their reasons may vary, but many global investors will be looking to the UK capital in these times of unprecedented change, explains lawyer Dennis Ko.
By Dennis Ko
Election 2024: Prime property sector sees “cause for optimism” in the prospect of a Labour government
'The likelihood of an incoming Labour government no longer feels like a massive threat to prime property markets in London and the country,' says Middleton Advisors.
By PrimeResi
Shaun Drummond: Comparing 2019 with today, you wouldn’t even know an election was on
The palpable sense of unease that gripped London's luxury property market in the lead-up to the last election has been noticeably absent this time around, reports Harrods Estates' head of resi.
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Luxury brokerage drafts trio of seasoned Central London agents from Savills
Mayfair-based property firm confirms more high-profile signings & trails its 'next phase of growth'.
One dollar millionaire leaving the UK ‘every 45 minutes’
Government under more pressure to rethink non-dom crackdown as research reveals scale of HNW 'exodus'.
Grosvenor sells massive stake in Mayfair to Norwegian wealth fund
Norges Bank Investment Management has taken a 25% stake in a £1.2bn property portfolio around Grosvenor Street and Mount Street.
By PrimeResi
Westminster approves Valouran retrofit scheme in West London
Luxury developer to bring The Whiteley site offices back into use as a mix of 'design-led' homes, a restaurant and a bar.
In Pictures: On the market for the first time in 700 years, seeking £21mn
Ripley Castle in Yorkshire has been home to the Ingilby family since the early 1300s.
By PrimeResi
DDRE Global founder to star at major US real estate industry event
Daniel Daggers will discuss what international expansion means for brokerages at the Inman Connect Conference in New York this week; as his luxury-focused firm reports a 70% rise in US buyer searches.
‘For those who can filter out the noise of recent weeks, it’s actually a smart time to buy’: Opportunity knocks in ‘good value’ country markets
Those able to hold their nerve could capitalise on the current mood of uncertainty & high levels of quality stock, says agency.
Prime Central London prices down by over 20% since 2014
Latest figures show declines have ranged from -9.6% in Bayswater to -26.3% in Earls Court since the peak; market now an 'attractive value proposition', says major agency.
Regent’s Park trophy mansion reportedly finds a buyer at £139mn
One of London's biggest ever luxury home sales.
By PrimeResi
UAE developer brings on football icon as ‘brand adviser’
Major Developers is collaborating with World Cup winner Francesco Totti.
LATEST ARTICLES
Regent’s Park trophy mansion reportedly finds a buyer at £139mn
One of London's biggest ever luxury home sales.
By PrimeResi
Mandarin Oriental plans another 200 branded residences in the Caribbean
Luxury hospitality group's third property in the region will form part of a $2bn mega-project by the UK's Reuben Brothers & Three Rules Capital.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
In Pictures: London’s 14 best home extension & improvement projects of the last year
New London Architecture's annual "Don't Move, Improve!" awards celebrate new & innovative domestic architecture in the capital.
By PrimeResi
Private ice rink unveiled at luxury resi scheme in New York
One Williamsburg Wharf's pool will 'seamlessly transform from a summer oasis to a winter playground'.