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KEYWORD "LonRes" - 79 RESULTS
Prime London sold prices hit decade low but agents ‘remain busy’ - research

Average sold prices in prime London have returned to 2014 levels, research suggests. The latest market data from LonRes shows the prime...

19 March 2024

From: Breaking News

Prime London prices drop at fastest level for five years - LonRes

The number of properties going under offer and new instructions are on the rise but this has yet to translate into...

16 February 2024

From: Breaking News

LonRes: Prime London market slowed in 2023 but remains up over the long-term

Prime London prices fell 6% annually over 2023 but remain higher over the long term, LonRes claims. Analysis by the data company...

19 January 2024

From: Breaking News

Prime prices hit new low but sellers are ‘more motivated’ - LonRes

Achieved prime London sale prices fell by their largest levels since May 2021 last month, research suggests. Analysis by property data firm...

14 November 2023

From: Breaking News

‘Price sensitivity’ continues to hit prime markets

September has been ‘underwhelming’ for sales in prime London except for at the high-end £5m price point, figures suggest. Separate analysis from...

17 October 2023

From: Breaking News

LonRes: Quieter property market may continue until Christmas

High mortgage rates and a lack of supply may mean the prime property market misses its typical seasonal boost in the...

14 September 2023

From: Breaking News

LonRes: There isn’t enough buyer urgency to get deals done

A lack of urgency is limited the number of deals being agreed in prime London, LonRes has warned. New analysis from the...

17 August 2023

From: Breaking News

Prime London market “subdued” but with cause for optimism - LonRes

LonRes has declared the prime London sales market to be “subdued” entering the second half of 2023. The data consultancy says that...

12 July 2023

From: Breaking News

The super-rich are returning to prime London - claim

Rising mortgage rates and falling house prices don’t appear to be deterring the super-rich. A report from upmarket agency Beauchamp Estates suggests...

20 June 2023

From: Breaking News

LonRes: Prime property sales remain slow amid reduced buyer confidence

A standoff between sellers looking back at the 2021 and 2022 markets and buyers anticipating a weaker one is stifling the...

14 June 2023

From: Breaking News

Spring market stalls as buyers wait for price drops - LonRes

The prime London market appears to be lacking its usual spring buzz as buyers wait for prices to drop research suggests. Analysis...

17 May 2023

From: Breaking News

Prices and activity fall across prime London housing market

The prime London property market appears to be finding a new level as sales, demand and prices slide, LonRes claims. Figures from...

19 April 2023

From: Breaking News

LonRes: Asking price discounts are widening

The average discount to asking price on a sold property has almost doubled since last July as sellers are becoming ‘more...

14 March 2023

From: Breaking News

LonRes: The prime London pandemic boom is over

Record numbers of prime properties were reduced in price last month as the pandemic boom is officially over, LonRes claims. Analysis by...

16 February 2023

From: Breaking News

£5m-plus homes driving prime London market - LonRes

The top-end of the prime London market was a key driver for sales and new listings last year, LonRes figures suggest. Analysis...

19 January 2023

From: Breaking News

LonRes: It’s been a mixed year for prime London property

It has been a mixed year for prime London markets, with some areas faring better than others when it comes to...

30 December 2022

From: Breaking News

LonRes unveils new app for agents on the move

LonRes has launched a new mobile app for its subscribers to access listings while on the move and support agents while...

25 November 2022

From: Breaking News

Fall-throughs up and under offers down as prime market pauses

Fall-throughs are up and the number of properties under-offer in prime London areas has fallen below the pre-pandemic average for the...

16 November 2022

From: Breaking News

Prime London instructions rise but fall-throughs increased over the summer

There are signs of caution in the prime London market with an increase in sales falling through during August, new figures...

23 September 2022

From: Breaking News

Prime London property market moves from ‘frantic to normal’

Prime London sales activity remains above pre-pandemic levels despite an annual drop, figures suggests. Analysis of the prime London market for the...

13 July 2022

From: Breaking News

Prime instructions back above pre-pandemic levels

Prime London prices continue to hit record levels but actual sales vary depending on values. Figures from property data company LonRes for...

06 June 2022

From: Breaking News

On the house! Prime buyers continue to snub flats

Houses continued to be the preferred property type for prime London buyers last month as flat sales continue to struggle amid...

09 May 2022

From: Breaking News

Buyers 'returning to London' as offers surpass pre-pandemic levels

London’s prime sales market is set to underperform compared with 2021 but is still looking to be better than the pre-pandemic...

19 April 2022

From: Breaking News

GDPR Compliance - new partnership offers help to agents

LonRes has teamed up with compliance consultancy iCompli to launch a  range of services which they say will keep estate agents...

23 March 2022

From: Breaking News

Property Guru predicts ‘Roaring 2020s’ boom for London’s richest

The estate agent known to his thousands of followers on Twitter as Mayfair Guru is predicting a ‘Roaring 2020s’ for the...

09 February 2022

From: Breaking News

Some London vendors asking too much, says  agency

Cluttons has given its market snapshot for the sales market in central London - and it’s echoing the familiar story of...

17 November 2021

From: Breaking News

Prime London recovery on hold as transactions show mixed messages

The latest LonRes market snapshot for prime London carries mixed messages in terms of transaction volumes.  Overall, for the month of October,...

16 November 2021

From: Breaking News

Wealthy prime London buyers choose larger homes

More buyers in prime central London are choosing larger properties - a function of the pandemic and the race for space. That’s...

07 September 2021

From: Breaking News

London still in trouble as transactions tumble once again

Transaction volumes in prime London fell in July according to data from LonRes. Transactions were down 22 per cent compared with July...

10 August 2021

From: Breaking News

Stamp Duty holiday helps improve prime central London market

Property consultancy LonRes says June was a record-breaking month for property sales in the capital, with exchanges up 140 per cent...

20 July 2021

From: Breaking News

Tragedy as well-known industry expert dies suddenly

The founder and managing director of FCS Compliance, Jerry Walters, has died suddenly. A statement from the company says he died during...

01 July 2021

From: Breaking News

In Conversation Today – ‘I've always believed agents should be regulated’

In this week’s In Conversation Today, I am delighted to chat with Lucy Morton, Head of Residential Agency at JLL, about...

27 May 2021

From: Breaking News

Glimmers of hope in Prime London data from LonRes

Data consultancy LonRes has given a typically upbeat assessment of the Prime London sales market - despite the effects of Coronavirus...

20 May 2021

From: Breaking News

Free anti-money laundering training for Rightmove member agents

The anti-money laundering compliance service that is now part of data company LonRes is holding a training session for Rightmove member...

04 May 2021

From: Breaking News

More signs of recovery in Prime London market

There’s been a surge in activity in London’s prime housing market according to LonRes. The property data company says that new instructions in March...

19 April 2021

From: Breaking News

In Conversation – Data Sharing with LonRes chief Anthony Payne

In this week’s In Conversation Today, I speak with Anthony Payne, Managing Director and co-founder of LonRes, a data and network...

04 March 2021

From: Breaking News

Agency claims it’s No 1 seller of prime central London property

An agency says it now sells more prime London properties than any of its rivals. Chestertons makes the claim based on figures...

22 February 2021

From: Breaking News

Corona kindness - the best of agency in 2020

The industry seems almost back to normal. Not the ‘new normal’ we spoke so much of a few weeks and months ago,...

12 December 2020

From: Features

What leaving the EU means for anti-money laundering legislation

The coronavirus pandemic has somewhat eclipsed Brexit this year – which is no mean feat. Cast your mind back to pre-Covid...

12 December 2020

From: Features

Many firms sceptical of automated anti-money laundering systems

Over a fifth of key businesses say they do not trust any element at all of automated anti-money laundering checks and...

06 November 2020

From: Breaking News

Offers and instructions show signs of promise in Prime London

New instructions almost doubled across prime areas of London in September compared to the same period a year ago, while the...

15 October 2020

From: Breaking News

20 Years of LonRes - The changing face of prime central London

How prime London has changed. In 2002 work began on The Knightsbridge. Located within a stone’s throw of Harrods and a near-neighbour...

06 June 2020

From: Features

Demand plummets for ultra-expensive London homes, says agency

London estate agency Benham & Reeves says there’s been a sharp fall-off in demand for ultra-expensive homes in prime suburbs of...

21 May 2020

From: Breaking News

Prime London market may take until early 2021 to resume fully - agent

One of prime central London’s most respected estate agencies is warning that it could take until spring 2021 for the luxury...

23 April 2020

From: Breaking News

LonRes at 20: the lightbulb moment behind one of the first PropTech firms

The lightbulb moment for LonRes was born out of sheer frustration. I’d just missed out on a deal and the postman...

14 March 2020

From: Features

Up! Up! Prime Central London transactions and prices rise at last

Figures released this morning by data firm LonRes provide the latest evidence of a so-called Boris Bounce with the market improving...

21 January 2020

From: Breaking News

London agency welcomes market pick-up but says uncertainty rules

Winkworth says the central London market has picked up from its lows of a year or more ago, but warns that...

25 November 2019

From: Breaking News

Comfort for prime central London as transactions and instructions rise

Stories with good news about the prime central London market seem few and far between but the latest figures from B2B...

17 October 2019

From: Breaking News

LonRes snaps up anti-money laundering training and compliance service

London-focussed business-to-business deal data service LonRes has acquired an anti-money laundering compliance consultancy specialising in residential and commercial property. Financial Crime Services,...

01 October 2019

From: Breaking News

Off-market service launched in bid to combat sales slowdown

Prime London subscription-based property platform LonRes has launched an off-market service for its subscribers. It says that as transactions across prime London...

15 August 2019

From: Breaking News

London alarm - more price and supply problems hit prime areas

Despite optimistic reports on prime London’s housing performance from some sources in recent weeks, figures from subscription service LonRes paint a...

06 August 2019

From: Breaking News

New service allows buying agents to fast-track requirements to selling agents

Subscription-based business-to-business prime London platform LonRes has launched a new service for retained agents.   The Retained Agent Buyer Alert enables buying agents...

07 June 2019

From: Breaking News

More prime central London woe as prices fall 10% in a year

New data from respected property consultancy LonRes shows that prices in prime central London fell 9.7 per cent in the 12...

28 May 2019

From: Breaking News

Over-valuing: agents fight back after press allegations

There’s anger in the industry over an article in The Times which accused agents of overvaluing properties - although why this was happening...

08 April 2019

From: Breaking News

Big slump in Prime Central London exchanges says high-end agency

Knight Frank says the number of exchanges in Prime Central London in the year to the end of February slumped 14...

02 April 2019

From: Breaking News

More Brexit woe for prime London property as prices tumble 5.7%

New data from LonRes shows that prices of homes in three key prime areas of London tumbled 5.7 per cent last...

13 February 2019

From: Breaking News

Brexit impacting prime London as prices drop again - LonRes

The LonRes data consultancy that monitors transactions right across prime central London says Brexit is the single biggest factor impacting the...

07 November 2018

From: Breaking News

Banned advert highlights dangers of sales claims about rental yields

The Advertising Standards Authority has banned an advertisement for a new development in London after complaints over claims about the yields...

10 October 2018

From: Breaking News

Online agents have under 1% share in prime central London - LonRes

The chairman of LonRes says online estate agents have only a one per cent share of the market in prime central...

13 August 2018

From: Breaking News

Transactions slump 6% in prime London, says LonRes

LonRes says transactions in prime locations in London dropped another six per cent when the second quarter of 2018 is compared...

10 August 2018

From: Breaking News

Prices fall again in prime central London, admits Knight Frank

Average prices dropped another 1.1 per cent in prime central London in the year to March according to new figures released...

06 April 2018

From: Breaking News

63% of homes in parts of London on sale for 12 months or more

Garrington Property Finders says some two-thirds of homes in two high-value parts of prime central London have been on sale for...

27 October 2017

From: Breaking News

London’s prime housing market is no longer roaring

Being a leading world-class city comes at a price – they are the most expensive for occupiers and the most lucrative...

14 July 2017

From: Features

New LonRes product aims to boost flagging new build sales in capital

LonRes has launched a new product which it says helps developers and agents ensure maximum exposure to previously untapped buyers. A new...

28 June 2017

From: Breaking News

General election 2017: Facing the UK’s housing crisis

Theresa May’s call for a snap general election on June 8 took many by surprise. But estate agents have been broadly...

03 June 2017

From: Features

More London vendors quitting the capital according to LonRes

Almost half the agents in London surveyed by LonRes say that 10 per cent or more of their vendor clients intend...

18 May 2017

From: Breaking News

Prime Central London sales down 21% last year says investor body

Sales in Prime Central London were down 21 per cent in the year to December according to investment consultancy London Central...

01 February 2017

From: Breaking News

LonRes launches customised reports information for subscribers

Agents who subscribe to LonRes are being offered a personalised report builder offering sales and lettings data at postcode level, and...

11 January 2017

From: Breaking News

Savills talks of prime London sales 'boost' - but only after price falls

Sales of homes in prime central London improved towards the end of 2016 says Savills - but only after prices were...

06 January 2017

From: Breaking News

Traditional agents have got fat and lazy says high-profile buying agent

Prominent buying agent, TV housing market commentator and hard-core tweeter Henry Pryor has accused traditional estate agents of becoming “fat and...

23 November 2016

From: Breaking News

Sales in Prime Central London down 47% in a year, calculates agency

Strutt & Parker says both the volume of sales and the sum of the selling prices of homes in Prime Central London...

02 November 2016

From: Breaking News

£100,000-plus asking price cuts commonplace in central London

Figures from London data consultancy Lonres show that since the referendum the average price cut on homes across most of central...

26 October 2016

From: Breaking News

Top agency says London slump down to stamp duty, not Brexit

One of the most respected buying agencies in the country, Property Vision, says the estate agency industry's turnover is down not because of...

13 October 2016

From: Breaking News

Prime London transactions tumble 41% during referendum build-up

New data from LonRes shows that transaction volumes across the capital’s prime markets tumbled 41 per cent in the second quarter...

11 August 2016

From: Breaking News

Over 80% of recent prime central London sales have had price cuts

Buying agent Johnny Turnbull claims that 83.2 per cent of the properties sold in prime central London in the second quarter...

13 July 2016

From: Breaking News

LonRes and Eversheds launch anti-money laundering service for agents

London transaction data company LonRes and law firm Eversheads are launching an agent-to-agent anti money laundering compliance service for LonRes subscribers.  The...

07 June 2016

From: Breaking News

So much bleating, I thought a goat had got in!

It was interesting to see the report on Estate Agent Today about the meeting between London estate agents, NAEA, and HMRC. No,...

25 September 2015

From: Features

LonRes says prime central London now a buyer's market

Transactions in prime central London have plummeted and prices per square foot have dipped. Data from LonRes shows that in the second...

04 August 2015

From: Breaking News

LonRes goes pink - and a little heavy on the jargon

In a flurry of artistic jargon, LonRes has unveiled the thinking behind its new pink corporate logo, unveiled on the website...

18 June 2015

From: Breaking News

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