Under-offer numbers down in Prime London as buyers & sellers put their moves on hold
The number of properties put under offer last month was below the pre-pandemic average for the first time since June 2020, while fall-throughs were up by 80%...
What to read next
‘There seems to be no rush for many potential buyers & sellers’: Transactions & prices slide in Prime London’s ‘subdued’ sales market
Average values across the prime postcodes are now roughly in line with early-2014 levels, reports LonRes.
Coutts: Discounts abound in Prime Central London’s ‘sluggish’ market
Wealthy buyers are negotiating millions off super-prime homes in the capital, reports blue-blooded bank. But there's more resilience beyond the Golden Postcodes.
London’s super-prime market ‘remains resilient’ as international buyers secure trophy homes
£10mn-plus deals were flowing in PCL during Q3 as top-end purchasers reacted to some political certainty.
Most read
Super-prime construction firm builds leadership team
Knowles makes trio of senior appointments amid ‘increasing demand’ for top-end services in London and further afield.
Rare receivership sale completed on Eaton Square
Lateral Belgravia penthouse sells above guide after drawing ‘very high’ viewing numbers.
‘A once-in-a-lifetime opportunity’: Historic Cotswolds estate hits the open market
Grade II* mansion in 230 acres, used as a school for more than a century, has the potential to be reborn as a spectacular private residence.
Developer offers £42k private school sweetener to homebuyers
Two years of fees are on the table at a north London scheme as firms look to tempt purchasers with increasingly inventive incentives.
Former CBRE director launches independent advisory
Rian Strauss says international clients often have plenty of advisers, but still lack someone 'who can look across the whole situation'.
‘2026 likely to prove one of the lowest years for London transaction volumes on record,’ warns Foxtons boss
Major estate agency's profits hit hard by 'materially lower' sales volumes and 'short-term volatility' in the lettings market.
Savills completes $1.1bn real estate investment bank acquisition
The big deal 'accelerates Savills strategy to scale in North America while strengthening its leadership position in both EMEA and Asia Pacific.'
Knightsbridge Gate nears sell-out after £30mn double deal
Middle Eastern buyer picks up two neighbouring apartments at the luxury PCL scheme, leaving just one residence available.
In Pictures: Goddard Littlefair completes contrasting show residences at The OWO
‘What drew us in was the idea of two residents with quite different ways of living’, says design studio, revealing two takes on life at the Raffles-branded Whitehall landmark.
King’s bank flags ‘materially improved’ PCL property market as prices, activity & confidence rise
Deal volumes jumped 48% from Q1 to Q2, as Coutts points to 'some of the most attractive opportunities seen in the Prime London market for more than a decade.'
LATEST ARTICLES
Understanding the Prime London market in five charts
From stock levels and sale prices to discounts and deal volumes, fresh graphics from LonRes provide a snapshot of the capital's prime property market as the second half of 2026 gets under way.
China launches retroactive tax crackdown on wealthy citizens’ offshore assets
Beijing is said to be pursuing HNWIs for unpaid tax on overseas assets going back decades.
In Pictures: Inside a £22mn Chelsea villa with one of RBKC’s last big basement builds
PCL agency lands one of the season's standout instructions in the Boltons Conservation Area.
Ten-year-old agency adds Surrey specialist
Stephen Cullens has joined Andrew Giller and David Carter's house. Partnership.
Jo Eccles: Four key trends in the prime London market this summer
Eccord's MD is reminding clients that this is a nuanced market to navigate, as well-priced homes attract competition and more owners consider renting instead of selling.