UK property transactions have been in ‘structural decline’ since 1989
City analyst notes a long-term downward trend in home ownership and sales
In Numbers: Knight Frank’s top property stats from 2015
After another year of churning out more graphs and analysis than everyone else combined, Knight Frank's research team picks its favourite prime property stats from the last 12 months...
By Prime Resi
£1bn added to UK economy for every 100,000 property transactions – claim
Each residential property transaction adds an average of £9,559 to the UK economy, according to some sums by Knight Frank and the Home Builders Federation.
Number of £1m+ homes ‘to more than triple’ by 2030
The number of UK properties worth at least £1m is expected "to more than triple between now and 2030", says Santander Mortgages, rising from under 500,000 today to over 1.6 million in 15 years' time.
By Prime Resi
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Savills announces latest raft of promotions
'The fact that we remain number 1 agent in the UK for sales above £500k is, to me, proof that our people development strategy is working', says UK resi boss Andrew Perratt.
Boutique agency expands with double acquisition in west London
Wilfords swoops on firms in South Ken & Notting Hill and eyes further targets in SW London.
Mayfair agency seals another super-prime deal as local market ‘booms’
Luxury Arts and Crafts townhouse on Aldford Street finds a buyer, following sale of £25mn former embassy on nearby Park Street.
Profits plunge at Savills as global property markets ‘normalise’
Global property consultancy reports a sharp contraction in revenue and profits, but Chief Exec Mark Ridley suggests 'most markets appear to be past the moment of peak uncertainty.'
By PrimeResi
New 42-storey tower promises to ‘put Earls Court onto London’s skyline’
The first phase of the long-playing 40-acre West London regeneration project will feature a striking 'sustainable beacon', a 4.5 acre public park, and up to 1,000 new homes.
By PrimeResi
Savills recruits JLL’s Dowling to lead Cheltenham team
Ken Dowling was head of JLL's Kensington office, but has now moved to the Cotswolds.
By PrimeResi
In Pictures: Inside a 10,000 sq ft Notting Hill super-home, asking £21mn
Remodelled 1850s villa has its own wellness centre and space for an art gallery.
Five Minutes With: Makoto Fukui of Schroders on delivering a super-prime build-to-rent scheme in PCL
'London is slightly playing catch up to the rest of the world when it comes to luxury BTR,' says fund manager for The Knightsbridge Estate.
Mixed-use Mayfair gem changes hands
Freehold building on Albemarle Street trades for the first time in over 20 years as deals continue to flow in the exclusive neighbourhood.
Buyer swoops on Aston Martin penthouse with bespoke DBX included
Final Sky Penthouse sold as top-end branded scheme in Miami nears completion.
LATEST ARTICLES
UK Sotheby’s International Realty recruits two north London specialists
Lee Greenfield & Josh Holder will be operating from the agency's recently-opened base in St John's Wood.
Prices & sales slip in Prime London but market still ‘operating normally’
'Discounts, reductions and time on the market are all broadly in line with long-term trends,' reports LonRes.
RICS launches ‘pioneering’ best practice standards for residential retrofits
Fresh guidance aims to 'revolutionise retrofitting practices across the UK.'
By PrimeResi
Boutique development opp hits the market in Hampstead
Rare project on Netherhall Gardens has scope for a 17-unit scheme with a GDV of £27mn
Ranked: England’s top ten most expensive house names
What's in a name? Savills investigates, and puts a price on it.
By PrimeResi