Main image: High Bidder: The penthouse at Consort Rise House in Westminster was knocked down on behalf of mortgagees for £2.1m
‘Worst forecasts appear to have been avoided’ as activity levels rise in prime central London
Prices struggling - especially in Chelsea - but interesting things are happening on the ground, reports Knight Frank
Why are buyers falling out of love with houses in prime central London?
Why have we fallen out of love with houses in prime central London, asks Carter Jonas.
By Prime Resi
Agencies upgrade prime central London price predictions
Knight Frank and Strutt & Parker have both upgraded their predictions for PCL prices in the wake of the General Election.
By Prime Resi
Prime London’s top-end surges as vendor expectations cool
The average sale price in prime central London shot up by 27% to £4.
By Prime Resi
Companies in this article
Knight FrankMost read
Caudwell brings in Dorchester Collection to manage 1 Mayfair
New agreement 'brings together Mayfair’s two most prestigious luxury destinations,' declares ultra-prime property developer.
By PrimeResi
Agency reports rapid-fire £70mn sales run in Notting Hill
After a subdued start to the year, domestic buyers have sprung into action in W11, says Strutt & Parker's local team.
Wilfords brings in new Kensington & Chelsea sales boss
Independent agency boosts team and gears up for another office launch later this year.
Interview: Inside the prime country house market with Knight Frank’s Oliver Rodbourne & Peter Edwards
As new wealth reshapes demand in high-end property markets from the Cotswolds to the Channel Islands, Knight Frank’s prime country experts reveal what’s changed - and what hasn’t.
Exploring the £4bn makeover that’s pushed Mayfair ‘back up to the top of the Monopoly board’
Luxury property developers & great estates are pouring millions into public realm improvements in Mayfair - making the historic area 'central London's third-biggest regeneration zone.'
By PrimeResi
Top-end buyers hit pause as Budget fears stall £5mn+ deals
Transactions at the upper end of the Prime London market were down by over 40% last month, reports LonRes, as the start of the autumn selling season falls flat.
Savills installs new Wimbledon chief
Stewart Harrison was previously Head of Sales for John D Wood in Wandsworth.
By PrimeResi
Tom Adams: On making unmodernised properties desirable again
Just as buying agents transformed a once vendor-biased marketplace, the prime property industry must now close the knowledge gap around renovation projects, argues RedBook's CEO.
By Tom Adams
Boutique agency mixes fashion & property at Belgravia open house
A top-end handbag collection was on show at a £10mn listing on Pont Street last week.
Knight Frank teams up with luxury Milan agency
Global property firm strengthens its position in Italy amid growing demand from HNWIs attracted by the flat tax regime and lifestyle appeal.
LATEST ARTICLES
Industry Reactions: Annual house price growth slipped back in August
Many pundits expect the market to slow further as the Autumn Budget approaches.
By PrimeResi
‘The opportunity was clear’: Behind Maybourne’s expansion into branded residences
COO reveals how the Claridge's operator plans to integrate luxury hotels, homes, and wellness into a highly personalised 'ecosystem'.
FCA takes over AML supervision
The move will 'ensure more consistent oversight' - including more collaboration with law enforcement.
By PrimeResi
Prime rental markets hold firm as regulatory changes loom
PCL values post largest quarterly uptick since September 2023; landlords expected to stay cautious as Renters’ Rights Bill nears enactment.
Brokerage recruits SW London specialist from Savills
UK Sotheby's International Realty announced a 'strategic expansion' into the region earlier this year.