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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Former Knight Franker Hobbs relaunches land & development consultancy
Halifield Land temporarily closed after director Jason Hobbs fell ill; the firm and its founder are now back in action, seeking development site in London and the South East.
By PrimeResi
Former Hamptons director acquires ‘design-led’ estate agency Aucoot
Boutique firm unveils new-look senior team & sets sights on expansion within & beyond London.
Pre-Budget speculation spooks Prime London sales market
Fears over looming tax changes are already having repercussions in the capital's top neighbourhoods, as high-end sales slump & appraisals soar.
Financial Times: How Knight Frank is trying to shed its fusty image
Knight Frank's Chair William Beardmore-Gray discusses diversity, growing pains & the 'complicated game' with the FT.
By PrimeResi
HBA Residential installs super-prime specialist as creative director
Katie Earl takes creative helm at luxury resi arm of hospitality design giant Hirsch Bedner Associates.
Touring eight of London’s most spectacular ultra-prime listings
From an 'incomparable' Hyde Park penthouse to a hidden mansion in Knightsbridge, PrimeResi looks at the options for elite buyers with super-sized budgets.
In Pictures: LA London’s Summer Party
Architecture & interiors practice assembled the great & good of London's design world to celebrate the season - and the company's recent rebrand.
Buying agency platform adds two heavyweight advisors
Johnny Turnbull & John De Pree have joined Claire Whisker's First In The Door team.
By PrimeResi
‘We leaned into the contrasts’: Joe Serrins on designing one of London’s most spectacular penthouses at Battersea Power Station
IN PICTURES: How a NYC-based studio approached a 'very special opportunity' to work in one of London's most iconic buildings.
Bumper summer for boutique London estate agency
Arlington Residential reports 'surge' in sales & listings across neighbourhoods from Marylebone to Hampstead.
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Top-end construction firm installs new Group MD
Castellum founders herald 'a key milestone' for the business as Lyndon Marfell joins from Walter Lilly.
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London letting agent shines a light on the ‘uphill struggle’ against rental fraud
'Whilst digital and AI technology has evolved rapidly, rogue tenants have also evolved with it, becoming increasingly more inventive in how they trick the system,' warns Benham and Reeves.
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Luxury real estate brokerage moves into Madrid
Christie's International Real Estate's latest new affiliate is looking to tap into rising demand for high-end real estate in Spain's capital city.