Winkworth predicts 5% drop for house prices this year
Estate agency expects an increase in the number of large family homes offered for sale as living costs climb. 'Downsizers will take that step forward and there will be more opportunity to buy that once in a generation house, which may have been with one family for over 30 years,' says Chief Exec Dominic Agace.
Lloyds Bank expects UK house prices to drop 8% next year
Major mortgage lender is focusing on 'slightly better-off customers', as it sets out an array of property price forecast scenarios.
Only one in five people expect UK house prices to fall next year
A recent survey has also found that British buyers are more likely to put forward a lower offer than asking price compared to their European counterparts.
UK house prices likely to fall in 2023 & 2024, predicts Capital Economics
Influential forecasting house expects average property values to drop by 5% overall through 2023 and 2024.
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Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
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Recruitment guru Barry Collins chats with prime resi industry leaders & entrepreneurs, distilling decades of experience & career highlights into 60 seconds.
In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
Resi developer & investor team up for €150mn luxury Marbella project
Major Spanish housebuilder confirms a 'strategic expansion' in the prime residential arena.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
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Knight Frank launches self-employed broker network
The 130-year-old estate agency has identified 36 London patches for affiliate brokers, as it looks to expand its sales coverage.
Strutt & Parker recruits Knight Frank Private Office dealmaker Robinson
Super-prime specialist joins broker team as BNP Paribas-backed agency continues to scale PCL operations.
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Prime London rents rise as supply falls and Middle East uncertainty boosts demand
New listings in Q1 were down by 8% on last year's levels, Knight Frank reports.