UK house prices hit a four-year high as demand for outside space continues to climb
"The latest RICS survey provides firm evidence of a strong uplift in activity in the housing market which should help support the wider economy gain traction over the coming months," says RICS' Chief Economist Simon Rubinsohn. "More of a concern is the pick-up in prices which could intensify issues around affordability in some parts of the country."
UK house prices likely to drop 13% this year as incomes tumble, predict economists
A looming "shortfall in incomes has a tremendous potential to disrupt the UK’s housing markets", warns the Centre for Economics & Business Research.
By PrimeResi
CEBR predicts 14% fall for UK house prices next year
Economists warn of a "significant fall" for house prices as wider economic turmoil catches up with the property market.
By PrimeResi
Buyer demand jumps in prime London, reaching a five-year Summertime high – but vendors continue to hesitate
Market Snapshot: Knight Frank's Summer sit rep for the prime London sales market
By PrimeResi
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Interior design firm recruits former JLL & Ralph Lauren marketing boss as CEO
Henry Hird will be leading the 40-strong team at Sims Hilditch as the award-winning studio embarks on its 'next phase of growth'.
Caudwell brings in celebrated interior designer for top-end Mayfair project
Developer confirms Juan Pablo Molyneux will create the residents’ communal areas for 1 Mayfair, the forthcoming RAMSA-designed scheme billed as 'London’s most exclusive address'.
‘After all, property is a people business’: In conversation with top Savills execs Pete Bevan, Liza-Jane Kelly & Richard Gutteridge
The agency's London & PCL chiefs share their insights on achieving success in the industry, the biggest market shifts of the last 25 years, and the latest buyer & seller trends...
Size Group to acquire ‘world-class’ bespoke furniture maker
Deal sees top-end construction & maintenance firm expand its range of specialist services, and sets up a foray into the world of superyachts.
Strutt & Parker appoints new Heads of Sales in PCL
Agne Karazuite and Ed Boden have taken on new roles in Chelsea and South Kensington.
By PrimeResi
London’s super-rich turn to rental homes as ‘rival wealth hubs’ entice billionaire buyers
Fresh analysis by luxury estate agency Beauchamp Estates looks into the wealth and lifestyles of the global super-rich.
By PrimeResi
£60mn townhouse sale reported at Chelsea Barracks
Significant sale 'demonstrates that despite ongoing economic uncertainty London remains top of the list for the world’s global buyers,' says Knight Frank.
PCL buying agency reveals its best deals of 2023
Mayfair-based Black Brick has sourced 23 properties on behalf of its clients this year, including two "rare treasures" in Chelsea and Knightsbridge - and an apartment overlooking the Eiffel Tower in Paris
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