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).
By PrimeResi
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...
By PrimeResi
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
By PrimeResi
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The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
PCL schemes under close watch as questions mount over high-profile contractor
The future delivery of several luxury developments is under scrutiny.
Standout Georgian house in Richmond trades in benchmark deal
Off-market transaction is the SW London neighbourhood's highest-value sale so far this year.
One month on: How the Renters’ Rights Act is already reshaping Prime London
From landlords repricing above key thresholds to tenants adjusting budgets and buyers shying away from tenanted stock, Yasmin Ulhaq reports on the market's first responses to the new regime.
By Yasmin Ulhaq
Record deal sealed on Pimlico’s St George’s Square
Rare freehold townhouse changes hands at close to £10mn asking.
Masterplan revealed for major central London hospital site development
King's Cross Group & Argent have unveiled a fresh £500mn proposal for the St Pancras Hospital site, featuring more than 180 new homes.
By PrimeResi
Rare and historic homes change hands as north London’s top end stirs
Savills reports a busy few weeks in Hampstead and St John's Wood, with buyers snapping up blue-plaque houses, trophy homes and a £13.5mn mansion conversion project.
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Family office buys mixed-use property parade in South Kensington
Eastway Estates spent £11mn on the row of buildings on Bute Street.
By PrimeResi
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Ultra-prime apartment scheme completes in the Caymans
51-unit project brings wellness-focused offering to Seven Mile Beach.