Unsold new-build units pile up in London
A record 31,500 units under construction across the capital are unsold, reports Molior, which is nearly half of all units currently underway; demand from investors has been quelled by government measures in recent years, and 'normal people who want somewhere to live are not buying them'
Ranked: London’s priciest postcodes pre-lockdown
N2 had a median sold price of £14.1m in the first quarter, according to analysis of Land Registry data, putting it ahead of W1K (£9.2m) & N6 (£9m).
Coutts: Low positive returns now best case scenario in prime London
With prices 'back to 2013 levels', the Queen's bank suggests clients err on the side of caution...
Price declines slow down in London – UK HPI
Average house prices in the UK increased by 1.4% in the 12 months to April 2019, down from 1.6% in March 2019
Most read
‘An important moment for independent agency & brokerage in the UK’: Harding Green acquires The London Broker
Industry heavyweights join forces to ‘supercharge’ the UK broker model.
Deal sealed on £35mn Scottish Borders estate
One of the biggest country sales of the year completed last week.
Top Chestertons & Foxtons agents join UK Sotheby’s International Realty
Brokerage adds luxury specialists Stephanie Russo & Thomas Brooks to its growing PCL team.
Fatemi & O’Brien named among Sotheby’s top global property brokers
PCL duo achieve top-tier status across brand's 26,100-strong worldwide real estate network.
£70mn deal streak for Strutts’ Estates & Farms team
A strong autumn market saw the agency conclude 'landmark' sales in Wiltshire & Surrey - and tee up some big transactions for the coming weeks.
Strutts continues high-level hiring spree in PCL
Toby Downes has returned to the 140-year-old property agency after holding senior positions with Savills, Redbook & Haringtons.
Buyers compete over rare unmod townhouse in Notting Hill
Stucco-fronted property just off Westbourne Grove went for well above asking after becoming available for the first time in over 40 years.
Agents report ‘extraordinary’ sales & lettings run in North Surrey
Knight Frank handled £106mn-worth of property sales & saw a 171% jump in super-prime lettings in the area through Q3.
Cotswold estate agency teams up with interior design studio
'This collaboration allows us to bring a thoughtful, lifestyle-driven element to the service we offer,' says Butler Sherborn's Elizabeth D’ Allemagne.
Six Trends: On wealth mobility & global super-prime markets in 2025
UK buying agency Garrington highlights some key patterns & demographic shifts for luxury property agents targeting the world's super-rich.
LATEST ARTICLES
Luxury developer readying £110mn Belgrave Square ‘giga-mansion’ for market – report
The former HQ of the Royal College of Psychiatrists is being reworked into one of London's grandest private homes, measuring around 22,000 sq ft.
£24mn Notting Hill mansion changes hands in ‘landmark’ deal
Stucco-fronted Grade II-listed Allom masterpiece sells after more than 20 years in the same ownership.
Autumn Budget ‘to hit 100,000 properties with mansion tax’
Latest rumours suggest a revaluation of homes in F, G & H Council Tax bands is likely.
Middle Eastern buyer splashes £10mn on penthouses at new Kensington scheme
Agents say it's the biggest off-plan sales deal in London this year.
Gulf buyers behind one in three £5mn-plus PCL sales – Beauchamp
‘There has been an eagerness to get deals over the line,’ reports luxury agency, confirming a £75mn flurry of transactions across top-end schemes in Mayfair & Bayswater.