What has Brexit done to house prices?
The pace of property price inflation in the UK has slowed sharply since the EU Referendum. 14% growth since 2016 compares to 28% - double the rate - in the equivalent time period prior to the vote. London has seen an even more dramatic slowdown.
UK house prices set to rise 14.5% by the end of 2024
London is likely to see the slowest rate of property price inflation in the coming years, according to some analysis of various property market forecasts.
KPMG warns of no-deal Brexit house price plunge
Property prices could crash by as much as a fifth if Boris Johnson pursues a no-deal Brexit, says accountancy giant; a deal would be worth £31,000 to the average London home-owner next year, predicts …
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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Super-rich buyers circle as Caudwell’s £2bn Mayfair scheme takes shape
Luxury developer updates on progress as landmark project moves to advanced phase of construction.
Deal sealed on ‘exquisite’ £27.5mn Clarges Mayfair apartment
Knight Frank secures sale of extra-special dual-aspect unit in 'iconic' super-prime scheme opposite Green Park.
Construction starts on REDD’s ‘ultra-luxury’ Kensington Palace Gardens project
Grade II* listed London mansion is being transformed into a set of top-end apartments by a world-class team.
Australian luxury property big-hitters team up with former Knight Frank partner for new private office venture
Based in the Asia Pacific and the Middle East regions, Origin Private Office has already transacted on over US$100mn worth of prime property, and is advising on a branded resi development project.
By PrimeResi
Investor swoops on South Ken apartment block
London is offering 'great value' right now, says firm.
Luxury agency adds new sales director in Knightsbridge
Anna Isajenkowa has joined United Kingdom Sotheby’s International Realty from Savills.
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
By PrimeResi
Mayfair mews project secures £6.5mn loan
Developer plans a 'transformative' redevelopment of the house on Mount Row, funded by a big-ticket loan from CapitalRise.
By PrimeResi
In Pictures: Handelsman’s Manhattan Loft Gardens penthouse seeks £17.5mn
Visionary property developer's 40th-floor home 'is a rare gem in the London luxury property market that stands out thanks to its awe-inspiring views and unique architectural brilliance,' says Becky Fatemi…
By PrimeResi
Savills creates London-based Caribbean desk
Tom Vickery is leading the latest addition to the firm's global residential department.
By PrimeResi
LATEST ARTICLES
Talking Heads: What does the end of non-dom status mean for the prime property market?
As Britain's 225-year-old 'non-dom' tax regime faces abolition, we asked prime resi insiders about the potential impact on the property market and their businesses.
By PrimeResi
What impact will the UK General Election have on sales volumes?
'Electoral cycles typically do not precipitate significant fluctuations in transaction levels,' new analysis shows
Prime London Property Market Snapshot: Week 16, 2024
LonRes data shows a sharp increase in price reductions over the last two weeks.
By PrimeResi
CBRE Middle East chief moves to Kingdom
Former CBRE Director Roshan Wial is now Group Sales & Marketing Director at UK/Middle Eastern property firm Kingdom International.
By PrimeResi
A ‘spring surge’ in property market activity could turn into a ‘spring standoff’, warns buying agency
Estate agents are telling Garrington's team that they 'are having to accept vendor-led prices to ‘test the market’ prior to either offering price reductions or accepting a lower offer.'
By PrimeResi