Top-end buyers hit pause as Budget fears stall £5mn+ deals
Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.
Top-end buyers downsize in London as Dubai, Miami & French Riviera woo world’s wealthiest
Competition from other wealth centres, concerns about a Labour government & taxation worries have led billionaires to spend less & buy smaller homes in PCL this year, reports Beauchamp Estates.
London is ‘still by far Europe’s most mature & expensive high-end residential market’
New CBRE analysis takes a deep dive into the capital's luxury living sector, and how it compares to other wealth hubs.
Prime London’s top-end outperforms in ‘slow’ spring market
The £5mn-plus market has been the most active prime London sales sector since 2021, reports LonRes.
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Rising star joins super-prime brokerage as its youngest PCL director
Chelsea specialist Jessica Moreton has made the move to UK Sotheby’s International Realty from Douglas & Gordon.
Homes of the Rich & Famous: Celebrity-owned properties sell twice as fast as ‘normal’ listings
An A-list occupant can generate a huge buzz for a new instruction, reports Beauchamp Estates, but the effect on the property's value is less obvious.
Chestertons bolsters London super-prime lettings team
Big-brand estate agency eyes 'strategic growth' in top-end rental sector with new Head of Super Prime Lettings.
Stamp Duty ‘should be abolished as part of a wholesale reform of property taxation’
'SDLT certainly should not be increased,' declares an in-depth new report by the Institute for Fiscal Studies, and 'a well-designed tax system would have no place for SDLT at all.'
‘Westminster’s fastest-selling luxury residential development’ reaches completion
With 70% of apartments sold before completion, Native Land heralds 'not only a design triumph but a commercial success' at 100 George Street.
Grosvenor names new UK CEO
Jamie Whitty-Lewis has been promoted following James Raynor's move to lead the international property business.
Luxury agency sells brace of storied PCL penthouses
Beauchamp Estates confirms sales of Belgravia and Marylebone apartments once home to Christine McVie and Mick Jagger, as part of a £100mn run of deals.
Innovo lines up debut London resi play opposite Lord’s
First outing for UK arm of Middle Eastern luxury property giant to deliver 89 new homes in collaboration with a 'best-in-class' design team.
First Look: Valouran opens sales at Bishops Avenue Gardens
Super-prime developer's 36-unit scheme aims to usher in a 'new era' of luxury living on Billionaires' Row.
Mapped: Latest price & rental growth across Prime London
Neighbourhood-level data points to further steep declines across the traditional PCL heartlands in the past three months.
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Knight Frank teams up with luxury Milan agency
Global property firm strengthens its position in Italy amid growing demand from HNWIs attracted by the flat tax regime and lifestyle appeal.
Tom Adams: On making unmodernised properties desirable again
Just as buying agents transformed a once vendor-biased marketplace, the prime property industry must now close the knowledge gap around renovation projects, argues RedBook's CEO.
My Property Career: Quickfire Q&A with Jeremy Gee
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Ch4 backs proptech firm OneDome in £7.5mn deal
Home-moving platform wants to recruit up to 500 brokers to handle an anticipated 'substantial increase in client enquiries' following media-for-equity investment.
Brace of ‘breathtaking’ Scottish castles seek buyers
Orchil & Ormiston Castles have both been fully restored, suitable for use as grand family residences or business ventures.