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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UK Sotheby’s International Realty confirms departure of Managing Partner Reynolds
Claire Reynolds spent 19 years with Savills before joining George Azar's brokerage to lead a dramatic expansion in prime London.
By PrimeResi
In Pictures: Turnkey trophy home in Regent’s Park lists at £34.75mn
Expertly renovated Grade I Nash mansion was formerly owned by the Royal College of Ophthalmologists.
Agency seals record-breaking deal in ‘London’s first luxury apartment block’
'Spectacular' £10.75mn duplex at Albert Hall Mansions was sold to an overseas buyer.
PCL property & wealth management consultancy bolsters team
Mayfair-based Lanesborough Advisory installs Henry Browne as Partner and Co-Owner.
Trio of developers completes hidden scheme in the heart of Mayfair
Three agencies are jointly handling sales at Three Kings Mayfair, where one apartment has already sold for more than £5,000 psf.
By PrimeResi
Turning the page: Why it’s time to exit the ‘Wexit’ echo chamber
It would be impossible for prime markets not to feel the impact of recent tax changes, but the reality of the 'wealth exit' on the ground is different from the media perception, say top property advisors…
Buyer sought for Lutyens’ last country house masterpiece
Grade I Cotswolds mansion debuts on the open market, seeking offers over £18mn.
Prime London Property Market Snapshot: Week 18, 2025
Supply builds as few sales agreed over the Easter holidays.
By PrimeResi
Property agents face ‘major changes’ as Material Information rules replaced
'The risks for non-compliance are potentially much higher' now, warns Propertymark, as Trading Standards removes Material Information guidance in favour of regulation under the new Digital Markets, Competition…
By PrimeResi
Historic Chelsea gem with artistic pedigree hits the market at £9mn
Buyer sought for 'once-in-a-lifetime opportunity' between the King's Road and Fulham Road.
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Former Berkeley Group sales boss joins Harding Green
Radhika Bedford previously ran sales for Berkeley's St George brand in North London.
By PrimeResi
Luxury new-builds in short supply across PCL, reports boutique agency
Fewer than 20 new-build developments are currently marketing homes above £5mn, says Tyburn — despite growing buyer demand for luxury residences with five-star facilities.
Wealthy buyers eye Tuscan homes amid global uncertainty
Market Snapshot: Knight Frank explores Tuscany's ongoing appeal for HNW property buyers.
By PrimeResi
New boutique agency eyes SW London expansion
Beaufort Green was launched last year by former Dexters sales director Charlie Ince-Green.
East Sussex convent with resi potential up for sale
Victorian coach house once formed part of the original estate of Foxhunt Manor, which was bought for the Visitation Monastery back in the 1950s.