US luxury market posts record fall
High-end buyers are feeling 'sticker shock' as mortgage rates rise.
Sales of high-end homes plummeted by nearly 18% during the three months to the end of April, the largest drop since the onset of the coronavirus pandemic
'With home prices at or near peak levels in many luxury markets, high-end buyers around the globe are discovering markets where they wield more buying power,' reports Christie's International Real Estate
Caroline Foord has been at the helm of the high-performing KF branch in W11 for 23 years.
Top-end London property brokers are enjoying a bonanza of urgent interest from wealthy international buyers with US dollars to spend, looking to take advantage of a significant currency discount.
It may be world famous as a luxury retail destination, but Knightsbridge has emerged as the discount capital of PCL for dollar-based property buyers
Jonathan James is now in charge of Chelsea lettings, taking over from Sam Fard-Manesh, who moves to head-up Chestertons' Mayfair lettings operation.
The Prime Minister and Chancellor will announce a reduction in property transaction taxes on Friday, suggests The Times.
REDD has put together a package to help the new owner 'kick-start their life' in the world's most expensive village.
It's being reported that Friday's "emergency mini-Budget" will feature a cut to Stamp Duty. Is this wise, and what impact might such a move have on the property market and on the wider UK economy?
A surprisingly mixed set of responses from the property sector, featuring insights from Savills, Knight Frank, Rightmove, Maskells, Cluttons, Jackson-Stops, JLL, Winkworth, Carter Jonas, Chestertons, …
'Cathedral of the industrial age', the Lots Road Power Station in SW London, is being repurposed as 260 apartments as part of 'the most dramatic transformation in the borough in living memory'.
Anderson Rose was founded by ex-Hamptons director Jon Byers in 2011.
Architects Zahra Taleifeh and Phil Wright have joined Sandy Mitchell's Redbook Agency, bringing some serious super-prime experience with them.
Higher mortgage rates are reducing home-buying power by "as much as 28%", warns property portal.
Economists expect interest rates to spike and house sales to tumble - meaning the last year's worth of aggressive property price growth could be rolled back.