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.
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
Economists predict ‘a slow recovery in activity, but a relatively benign outcome for house prices’
House prices are likely to fall by 7% as a result of Covid-19, predicts Oxford Economics - but the risks are "heavily skewed" towards much, much bigger price falls of almost 40%...
By PrimeResi
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…
By PrimeResi
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PCL heavyweights to build London-UAE corridor for Sotheby’s International Realty
Knight Frank & Savills high fliers brought in to create 'specialist cross-border partnership' focusing on luxury transactions.
Savills names new Mayfair sales head
Nick Verdi takes the reins of agency’s high-profile operation based on North Audley Street.
Ex-Savills director joins Moveli
Upper-market brokerage continues to scale its national agent network.
OB Private scales up with senior hires & new brokerage arm
Six new recruits arrive - including an established team from Chestertons - as PCL agency rolls out broker platform alongside employed structure.
Savills appoints new lettings heads in Surrey
Agency strengthens Cobham and Guildford teams as regulation reshapes the rental landscape.
London’s prime rental market has slumped, but there’s a super-prime bright spot
Survey of the capital's luxury lettings scene reveals key trends, big deals & an out-performing neighbourhood...
By PrimeResi
Much Ado About Nothing: Why bifurcation, not decline, is the real story in Prime Central London
Richard Rogerson explains how quality is now defining liquidity in the capital’s top neighbourhoods - and flags more key trends to watch in 2026, from shifting demographics to the return of debt.
House Collective adds Hamptons veteran as London expansion gathers pace
Alister Shaw and Paul Davis bolster boutique firm’s West and North London teams.
Call for urgent demand-side stimulus as worst-case risks emerge for London’s new-build pipeline
Industry analysis flags risk of sharp slowdown and potential developer exit as existing projects near completion.
‘A celebration of craft, materiality & artistic expression’: Inside The Whiteley’s latest design collaboration
With more than three-quarters of apartments now sold, the Bayswater landmark unveils another 'Designer Collection' apartment, created by Irish interiors maven Maoliosa Murray.
By PrimeResi
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OB Private scales up with senior hires & new brokerage arm
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‘A celebration of craft, materiality & artistic expression’: Inside The Whiteley’s latest design collaboration
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Cohort agrees £20mn loan against £56mn Mayfair home
Big-ticket refinancing was agreed in only three weeks.
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