William Carrington: On interest rates, inflation & the coming market slowdown
There is a lot of bad news out there right now and the property market will not be immune from interest rate rises and inflation, writes LonRes chairman William Carrington…
William Carrington co-founded LonRes.com in 2000. A subscription-only service providing real-time data for estate agents, relocation agents, valuers and surveyors operating in the London area, Lonres.com owns the largest archive of sales and lettings transactions in central London and further provides tailored data and research analytics to its customers. William is a director of CLEA Ltd, which publishes the London Magazine, and is a consultant to Boston Radford Chartered Surveyors. He has nearly 30 years’ experience in the central London residential market and is known to all of London’s best agents. He commutes to and from Northumberland every week.
Rising interest rates & cost of living ‘yet to impact’ prime property buyer budgets
“With the market as competitive as it is, motivated buyers can ill afford to reduce budgets, despite rises to mortgage rates and household bills," says Savills.
Knight Frank’s five-point plan to reignite the housing market after Covid-19
A Stamp Duty holiday is just one of the "critical" government-led measures needed to "kick-start" the property market - and so stimulate the whole economy - after the Coronavirus lockdown, says the Knight…
By PrimeResi
Carrington on Q2: Brexit, Purplebricks & PCL
With the arrival of Kit Malthouse as the seventeenth incumbent Minister of State for Housing since 1997, one could say that this time, at last, we have someone with real experience of local government…
Companies in this article
LonResMost read
Fund snaps up Foster + Partners scheme in major Mayfair swoop
The £1.1bn investment play includes a key development site between Barlow Place and Grafton Street, along with a high-profile Grosvenor Square hotel.
New leadership for the Savills Private Office
Rory McMullen joins Alex Christian as co-head of the property consultancy's specialist global HNW team.
By PrimeResi
Jennings steps up to lead Chestertons’ resi business
Adam Jennings has been promoted to Head of Residential, in charge of the London estate agency's sales & lettings teams.
By PrimeResi
Forbes Gilbert-Green lands Property Vision veteran Connell
Seasoned London buying agent joins boutique property advisory firm after two decades at PV.
In Pictures: Canal-side mansion in Little Venice seeks £16.5mn
Grade II listed stonker on Blomfield Road is the complete package, say agents.
‘Our task was to act as both storyteller & swordsmith’: On reuniting two Belgravia townhouses into a grand family home
Tiam Architects walk us through a big project on Chester Row.
By PrimeResi
Success storeys: Top four development sales launches of last year revealed
Difficult market conditions haven't held these 'landmark' central London schemes back.
Anatomy of a market: Prime Central London explained in 10 charts
A data-led look at activity and pricing across the capital's £3mn-plus sector.
The main risk for the housing market now is political – Knight Frank
Lower mortgage rates should underpin demand, but this week's by-election outcome may shape sentiment, explains the agency's head of UK resi research Tom Bill.
By Tom Bill
American property portal rolls out ‘transformative’ AI interface
CoStar says the launch 'marks a generational leap forward in how people navigate the home search and home buying process.'
By PrimeResi
LATEST ARTICLES
Hold the Line: Ollie Marshall on why battle-weary PCL homeowners shouldn’t give up
After a decade-long assault on assets, the signs of a London resurgence are real, says top buying agent.
Property prices are already ‘bunching’ around new mansion tax thresholds
'Some sellers are adjusting asking prices downwards,' reports big agency, as pricing strategies adapt to keep properties below the £2mn mark.
By PrimeResi
St James’s Square trophy emerges from five-year ultra-luxe overhaul
Developer Henigman says freehold Lutyens mansion offers 'rare, generational opportunity to own one of the world’s finest residences'.
My Property Career: Quickfire Q&A with DDRE’s Oliver Ingles
Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
Balearics reject foreign buyer ban
Proposal to prevent non-residents from buying homes on the islands fell at the first legislative hurdle.
By PrimeResi