Transaction numbers are recovering, but are still well below last year’s count
July's official count of residential property transactions was higher than in June, but still some 27% below the same month last year.
£5m+ sales hit a seven-year high in PCL
142 property sales above £5 million were recorded in Prime Central London in the first four months of this year, reports Savills, with a combined value of £1.42 billion.
By PrimeResi
‘No sign of a slowdown’ as Zoopla predicts 2-3% property price growth this year
The average "time to sell" a home has fallen by almost two weeks (31%) since lockdown restrictions were lifted, compared with the same period 12 months prior.
By PrimeResi
PCL prices are likely to rebound next year, rising 20% by the end of 2024
Prime Central London is set to become one of the UK's strongest-performing markets, predicts Savills, flipping a trend seen since 2014.
By PrimeResi
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‘Landmark’ townhouse sale concluded in Chelsea
'Discerning buyers are focusing on best-in-class assets', says agency, confirming sale of near-£28mn trophy home as part of £100mn deal run.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
By PrimeResi
Country house guru Sweeting joins high-end valuation firm
Longstanding Knight Frank figure has taken up a consultant role at James Wyatt's Parthenia.
Seven key themes in the global branded residences sector
From standalone towers to wellness-led living, these are the big trends shaping luxury branded residences worldwide.
Unseasonably slow September for London’s top-end property markets
Fresh analysis reveals the impact of pre-Budget jitters on the capital's high-value sales and lettings sectors.
London brokerage recruits former Savills agent to lead ‘quality-driven expansion’
Sean Tully has joined Sean Barrett's The Agency Group as Director of Growth & Recruitment.
By PrimeResi
Property industry reactions: Tories pledge to ‘abolish’ Stamp Duty
Stamp Duty is 'a bad tax, an un-Conservative tax', says Kemi Badenoch.
By PrimeResi
Qatari Diar tops £1.5bn sales mark at Chelsea Barracks
Momentum continues at the ultra-luxury Belgravia scheme despite wider market headwinds.
Beyond interior design: St George MD on rethinking the role of the showhome
Marcus Blake talks us through the Berkeley Group developer's new creative direction, and shows off its first completed in-house design effort.
By Marcus Blake
In Pictures: ‘Immaculate’ Mayfair townhouse-mansion seeks £10.95mn
Thoroughly refurbished home is on the well-preserved Chesterfield Street - once home to Regency-era trend-setter Beau Brummell.
By PrimeResi
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Contemporary mansion sale ‘sets new high-water mark for luxury real estate in Spain’
The 'modern palace' in Sotogrande is one of a series of super-prime homes designed by ARK Architects.
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Thousands of agencies sign up to new AI property search tech
Estate agents 'are beginning to truly understand the potential opportunity that AI offers,' says HAILO founder.
By PrimeResi
Prime London lettings market sees seasonal boost
LCP reports the highest rental growth rates of the year so fear, despite the market remaining quieter than pre-pandemic norms.
By PrimeResi