Almost half of properties sold in prime central London (PCL) this year had a price reduction, research suggests. The latest data from...
Archive
18 June 2024
From: Breaking News
![Revealed - key figure driving agency's sales across much of London](/upload/images/Shutterstock-only%20images/Property%20Market/AgentsWorking-400x310.png)
Knight Frank has announced a significant promotion in its London residential sales business. Chelsea Whelan has been appointed regional partner for North,...
13 June 2024
From: Breaking News
![Battle of the Self-Employed Brokers - more recruits](/upload/images/shutterstock_2042381909.jpg)
Yesterday we covered the story of self-employed estate agency brokerage eXp revealing three new agencies to have taken on the corporate...
03 May 2024
From: Breaking News
![Rightmove reveals most expensive streets for home sales](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews3-400x310.png)
The most expensive streets to buy a home in the UK has been revealed. Unsurprisingly, it is in London on Buckingham Gate...
16 April 2024
From: Breaking News
![Agent aims to make his mark on Mayfair](/upload/images/Shutterstock-only%20images/Property%20Market/BTR%20and%20affordable%20housing%20-%20By%20Andy%20Jones%20Property%20Investor%20Today%20BuildToRent-400x310.png)
Fine & Country agent Luke Hammond is looking to make his mark on Mayfair after 13 years covering central London. Hammond established...
26 February 2024
From: Breaking News
![Savills: £5m-plus market slowed in 2023](/upload/images/Shutterstock-only%20images/Property%20Market/Housing_Market-400x310.png)
Momentum within London’s £5m-plus residential market slowed in 2023, according to Savills, but sales remain well above the pre-pandemic average. Research across...
18 January 2024
From: Breaking News
![What market crash? Super-prime sales hit record high](/upload/images/Shutterstock-only%20images/Property%20Market/1-HousePriceRising.png)
Home sales and house prices may have struggled in 2023 but more affluent buyers and sellers may not have noticed. Analysis by...
29 December 2023
From: Breaking News
![On your bike! Chestertons aims to get Londoners cycling by summer 2024](/upload/images/shutterstock_201935410.jpg)
Chestertons has launched a new initiative with its e-Bike partner Forest that it hopes will get 5,000 of its customers and...
02 November 2023
From: Breaking News
![The graft before the glamour at the ESTAS 'Big Day', 2023](/upload/images/__thumbs/3%20ESTAS%20September%202023%20The%20graft%20before%20the%20glamour.jpg/3%20ESTAS%20September%202023%20The%20graft%20before%20the%20glamour__400x267.jpg)
The ESTAS team and I are now on the final countdown to Friday 20th October. Having run the event for twenty...
16 September 2023
From: Features
![Upmarket agent celebrates record off-market sale](/upload/images/shutterstock_788459899.jpg)
Oliver Bernard has set a new Mayfair and St James record after an off-market sale. The luxury agent has sold an unmodernised...
23 August 2023
From: Breaking News
![The super-rich are returning to prime London - claim](/upload/images/Shutterstock-only%20images/Property%20Market/Recruitment-400x310.png)
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
![Rumours surround future of another Keller Williams market centre](/upload/images/Shutterstock-only%20images/Property%20Market/BusinessChain-400x310.png)
Keller Williams UK’s (KWUK) Gatwick market centre is rumoured to have closed but the self-employed agency network’s chief executive Ben Taylor...
15 June 2023
From: Breaking News
![Keller Williams ‘realigning market centre leadership’](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews-400x310.png)
Keller Williams (KW) UK has shifted around responsibility for its market centres amid speculation of closures. The self-employed agency brand’s Aspire market...
20 April 2023
From: Breaking News
![New-builds overtake period homes in London's most famous postcode](/upload/images/Shutterstock-only%20images/Flags%20%26%20Locations/LondonMapUK-400x310.png)
Mayfair, London’s most famous address, is in a state of radical metamorphosis, a local agency brand claims. A new report from Mayfair...
21 March 2023
From: Breaking News
![Former Knight Frank executive reports strong start for buying agency](/upload/images/Shutterstock-only%20images/Property%20Market/HousePrices_400x310.png)
Newly established prime London property consultancy Tyburn, has reported the completion of multiple deals worth in excess of £60m in its...
17 March 2023
From: Breaking News
![Winkworth aims to unlock new homes opportunities in London and beyond](/upload/images/Shutterstock-only%20images/Property%20Market/shutterstock_1325564924.jpg)
Winkworth is expanding its operations to focus on land and new homes opportunities across London. Dominic Agace, chief executive of Winkworth, said...
02 March 2023
From: Breaking News
![Upmarket agency brand launches recruitment event](/upload/images/Shutterstock-only%20images/Property%20Market/Recruitment-400x310.png)
Fine & Country is holding a recruitment open evening in its flagship office on Park Lane in Mayfair, London. The event will...
18 January 2023
From: Breaking News
![LonRes: It’s been a mixed year for prime London property](/upload/images/Shutterstock-only%20images/Flags%20%26%20Locations/LondonPropertySector-400x310.png)
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
![PCL boundaries expanding as buying habits shift](/upload/images/Shutterstock-only%20images/Rental%20Market/RentalMarketLondon-400x310.png)
The boundaries of prime central London are expanding, new research claims. The PCL market is generally described as the exclusive districts of...
22 November 2022
From: Breaking News
![US demand doubles for UK prime property](/upload/images/Locations/UK-US-Flags-400x310.jpg)
Demand for prime London property from Americans doubled between September and October due to favourable dollar exchange rates and increased investor...
17 November 2022
From: Breaking News
![Former high-profile Foxtons director moves to upmarket agency](/upload/images/Miscellaneous/Business-Handshake-Transaction-400x310.jpg)
A former high profile area director for Foxtons has been appointed to a senior role at Beauchamp Estates. Stuart Bennett, previously area...
20 September 2022
From: Breaking News
![PCL to outpace best-performing lockdown markets over next five years, says Savills](/upload/images/Logos/Savills-NEW-logo400x310.png)
Savills has released a revised five-year forecast for the UK’s prime housing markets, to reflect the strong levels of activity in...
05 August 2022
From: Breaking News
![Prime agent upgrades its HQ as it celebrates 150th anniversary](/upload/images/Logos/John-D-Wood400x310.png)
Prime estate agent John D Wood & Co has marked 150 years in business by opening a new headquarters. It has moved...
22 June 2022
From: Breaking News
![New co-ownership scheme ‘completely different to Timeshare’](/upload/images/library/HandsHouse-400x310.png)
A new service launched in the UK this week selling one-eight to one-half ownership of luxury holiday homes insists it is...
24 March 2022
From: Breaking News
![Will The Lights Go On Again In Central London?](/upload/images/Housing%20Market%20%26%20Property%20Images/london-property400x310.png)
Almost exactly a decade ago I wrote a blog on the back of a spate on mainstream news stories about prime...
05 March 2022
From: Features
![Property Guru predicts ‘Roaring 2020s’ boom for London’s richest](/upload/images/library/Poundsign-400x310.png)
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
![Pioneering self-employed agency names latest recruit](/upload/images/Housing%20Market%20%26%20Property%20Images/Millennials-Handshake-400x310.jpg)
The London agency that was at the forefront of introducing the ‘serviced office hub’ concept of working for self-employed agents has...
27 January 2022
From: Breaking News
![Billionaires take advantage of prime London’s Covid price falls](/upload/images/Housing%20Market%20%26%20Property%20Images/LondonRichHomes400x310.png)
Prime Central London’s attraction to multi-millionaire and billionaire buyers appears to have soared during the pandemic. High end agency Beauchamp Estates says...
05 January 2022
From: Breaking News
![Vendors In The Money - Britain’s most expensive streets revealed](/upload/images/library/PrimeLondonStreets-400x310.jpg)
Halifax has revealed the UK’s most expensive streets in 2021 - and it’s no surprise that the very dearest examples are...
22 December 2021
From: Breaking News
![Omicron throws housing market stability into doubt, agency admits](/upload/images/Logos/Knight-Frank-logo400x310.png)
A leading agency has admitted that the uncertainty over the effects of the Omicron Covid variant has thrown forecasts for the...
07 December 2021
From: Breaking News
![Self-employed broker agency reveals plan for multiple franchisees](/upload/images/Housing%20Market%20%26%20Property%20Images/OpeningHours400x310.jpg)
One of the first companies to promote the self-employed ‘broker’ business model has announced its first franchise agreement - and says...
25 November 2021
From: Breaking News
![Property Jobs Today - who’s moving where in our industry](/upload/images/Site%20logos/PropertyJobsToday-400x310.png)
Hello and welcome to a new week - and even as Christmas approaches there remains plenty to report about people moving...
15 November 2021
From: Breaking News
![Property Jobs Today - the latest autumn leavers and movers](/upload/images/Site%20logos/PropertyJobsToday-400x310.png)
Hello and welcome to the latest PJT, your chance to catch up with who’s moving where in our industry. If you have...
18 October 2021
From: Breaking News
![Agency to open latest branch next week - at the seaside](/upload/images/Housing%20Market%20%26%20Property%20Images/open-image400x310.png)
An estate agency is to launch its third branch, this time in a seaside location. Stoneridge Estate Agents’ new Brightlingsea town centre...
26 August 2021
From: Breaking News
![Hooked: Agent uses property's prostitution past as marketing peg](/img/default/eat.png)
A property that used to house one of London’s best known prostitutes - and which carries a blue plaque celebrating her...
13 July 2021
From: Breaking News
![At last - Prime Central London shows house prices growth again](/img/default/eat.png)
Prices in prime central London grew by 0.3 per cent in the year to May - tiny rise but a significant...
07 June 2021
From: Breaking News
![New agency formed by ex-directors of legendary London firm](/img/default/eat.png)
Two former directors of the prestigious Beauchamp Estates agency in central London have set up their own new company. They say their...
13 May 2021
From: Breaking News
![High profile prime agency goes global with slew of new offices](/img/default/eat.png)
A prime London estate agency is going global - not only with a new office in the UK capital but with...
27 April 2021
From: Breaking News
![Mayfair-based agency opens high-end countryside office](/img/default/eat.png)
Boutique estate agency D S Churchill is to open a countryside office serving the Cotwolds, Oxfordshire and surrounding counties. D S Churchill...
08 April 2021
From: Breaking News
![Wealth, Luxury, Style - agency shows how prime London will return](/img/default/eat.png)
One of London’s best known and well respected agents has given insights into how he believes his own prime patch of...
18 March 2021
From: Breaking News
![Property Natter - is working from anywhere the future for UK estate agency?](/img/default/eat.png)
One of the biggest trends in recent times, as a direct result of the pandemic, is the concept of working from...
13 March 2021
From: Features
![Property Jobs Today - all the latest movers and shakers](/img/default/eat.png)
Hello and welcome to this edition of Property Jobs Today, a chance to catch up with who’s moving where in the...
08 March 2021
From: Breaking News
![Call My Agent! Celebrities find it’s not so easy to sell and buy homes…](/img/default/eat.png)
One of the biggest TV hits of lockdown has been the Netflix show Call My Agent! It’s a surprise success, perhaps, because...
06 March 2021
From: Features
![In Conversation – Data Sharing with LonRes chief Anthony Payne](/img/default/eat.png)
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
![40% price fall and 54% price rise - Prime London snakes and ladders](/img/default/eat.png)
An international property and residency consultancy claims the sold prices of homes in some prime London locations have collapsed by up to 40...
26 January 2021
From: Breaking News
![Cash buyers bagging big discounts in London says agency](/img/default/eat.png)
A prominent London agency says cash buyers are securing substantial discounts in prime areas of the capital. The biggest cash discount currently...
11 December 2020
From: Breaking News
![Your Christmas office pics - two crackers start the festive season](/img/default/eat.png)
We’re off and running with our annual showcase of the decorations and festivities in agency branches and for those working from...
02 December 2020
From: Breaking News
![Deferred-payment scheme for high-price London homes](/img/default/eat.png)
A developer operating in prime central London is offering buyers a deferred-payment scheme. K10 Group says it’s doing this because of the...
28 October 2020
From: Breaking News
![Countrywide’s new team caters for Covid house moving trend](/img/default/eat.png)
Countrywide’s high-end brand John D Wood and Co has launched a new country house department, to take advantage of growing demand...
12 October 2020
From: Breaking News
![Another US agency enters UK market with plan for 100 agents](/img/default/eat.png)
Another US real estate agency wants to follow Keller Williams, Berkshire Hathaway and others by opening in the United Kingdom. Nest Seekers International...
08 September 2020
From: Breaking News
![20 Years of LonRes - The changing face of prime central London](/img/default/eat.png)
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](/img/default/eat.png)
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
![Young and minted: 50% of Mayfair residents aged 21 to 44](/img/default/eat.png)
A high profile and widely-respected estate agent is predicting a huge demographic change to one of the country’s wealthiest enclaves -...
18 February 2020
From: Breaking News
17 February 2020
From: Breaking News
![Boris Bounce on hold? Swathes of London still in the doldrums](/img/default/eat.png)
Coutts has identified areas of London where house prices are still below peak. Although the wealth manager and private bank says there...
07 February 2020
From: Breaking News
![Property Jobs Today - plenty of movers as Christmas nears](/img/default/eat.png)
Hello and welcome to PJT: even with little more than a fortnight before Christmas it seems there are still plenty of...
09 December 2019
From: Breaking News
![Legendary London agency links with Dexters in new partnership](/img/default/eat.png)
The legendary Mayfair estate agency Wetherell is linking with London’s Dexters chain in a new partnership. Wetherell, run by high profile chief...
03 December 2019
From: Breaking News
![We’re Off! Your Christmas pictures are here as agents go festive](/img/default/eat.png)
We’re now into December and many offices are already decorated for the festive season - and we have our first pictures...
02 December 2019
From: Breaking News
![Five years in Prime London: prices down 15% and supply 45% down](/img/default/eat.png)
The latest market snapshot of prime central London suggests that homes there are now 15.2 per cent cheaper than five years...
11 November 2019
From: Breaking News
![It’s Halloween and more spooktacular agents are creeping it real](/img/default/eat.png)
The big day is here and thanks so much to all the agents who have this year sent in their Halloween...
31 October 2019
From: Breaking News
![Agency sets up its own PropTech consultancy service](/img/default/eat.png)
The niche agency Singer Veille has set up its own PropTech consultancy and application development service for the property industry. Singer Veille...
24 September 2019
From: Breaking News
![33 applicants for every home on sale in part of London says agent](/img/default/eat.png)
A dramatic slump in the supply of homes being put on sale in London means that parts of the capital now...
20 August 2019
From: Breaking News
![£23m Prime Central London property to be sold via Blockchain](/img/default/eat.png)
A property in London’s Mayfair has a price tag of £23m and is being sold via a system allowing interested parties...
21 June 2019
From: Breaking News
![Brexit's Trump card: Sterling slump means rich US buyers flock to London](/img/default/eat.png)
A high-end estate agency is reporting a dramatic rise in the number of US buyers in London as they have taken...
18 June 2019
From: Breaking News
![Brexit-related uncertainty leads to big slump in high-end London sales](/img/default/eat.png)
Knight Frank says Brexit-related uncertainty has curbed trading activity across all UK residential markets over the last 12 months - and...
13 June 2019
From: Breaking News
![New prime London property portal recruits big industry names](/img/default/eat.png)
A new portal for the prime London property market has launched this week, recruiting a string of big-name agents. Vyomm, founded by...
14 May 2019
From: Breaking News
![Property Jobs Today - all the key moves in the industry…](/img/default/eat.png)
Hello and welcome to Property Jobs Today - because of the flurry of Bank Holidays at this time of year, it’s...
29 April 2019
From: Breaking News
![Property Natter - events agents need to keep an eye out for](/img/default/eat.png)
With Easter now upon us (happy Easter, by the way, and hope you’re enjoying the long weekend, the Easter eggs and...
20 April 2019
From: Features
![Property Jobs Today - all the latest key industry moves](/img/default/eat.png)
Hello and welcome to Property Jobs Today - your final chance before the Easter break to catch up with the key...
15 April 2019
From: Breaking News
![Property Jobs Today - all the industry’s top moves....](/img/default/eat.png)
Hello, it’s that time of the week again when we look at the latest recruitment and appointment news in the industry. Just...
08 April 2019
From: Breaking News
![US estate agency reveals UK expansion plans for more ‘hubs’](/img/default/eat.png)
The US estate agency Keller Williams says it is on course to have 10 hubs, called market centres, across the UK...
04 April 2019
From: Breaking News
![Absolutely Love-ly: can any agency match this beautiful display?](/img/default/eat.png)
It’s Valentine’s Day (have you remembered?) and at least one agency has decided that it’s pretty in pink to celebrate the...
14 February 2019
From: Breaking News
![Property Jobs Today - more major moves across our industry...](/img/default/eat.png)
There’s been another raft of movers and shakers in the industry in recent days, so this is a busy Property Jobs...
21 January 2019
From: Breaking News
![Two Brexit blows to London market as uncertainty worsens](/img/default/eat.png)
Two reports have suggested London’s residential market may be damaged by Brexit - both the past two and a half years...
11 December 2018
From: Breaking News
![London house marketed for £25m but sells for ‘only’ £15m](/img/default/eat.png)
A house in Mayfair that was sold for £19.175m in 2014 and put on the market this year at £25m has...
08 November 2018
From: Breaking News
![Bailiff’s notice in agency window signals another London branch closure](/img/default/eat.png)
Another high profile estate agency office in London has closed - this time a branch of Winkworth. The Richmond branch has been...
19 October 2018
From: Breaking News
![Shock as Foxtons announces closure of flagship Park Lane office](/img/default/eat.png)
Foxtons is shutting its Park Lane office - the flagship of the agency in prime central London’s Mayfair. Estate Agent Today was...
08 October 2018
From: Breaking News
![Property Jobs Today - a new agency and plenty of other key moves...](/img/default/eat.png)
Hello and welcome to a new working week, which means your chance to catch up on the key moves in our...
08 October 2018
From: Breaking News
![New agency's stamp duty question: Do we need another property tax](/img/default/eat.png)
“Do we really need another tax?” - that’s the question from a new buying agency, querying why the government wants to...
08 October 2018
From: Breaking News
!['Desperate' stamp duty surcharge will hurt London market - warning](/img/default/eat.png)
Agents have continued to express their shock and opposition to the announcement by the government that it wants a stamp duty...
02 October 2018
From: Breaking News
![Property firm snaps up independent agency to hit £1m turnover mark](/img/default/eat.png)
The independent Sutton-based property business Centro PLC has acquired Cheam and Mayfair based Christies Estate Agents Limited. The new combined agency is...
20 September 2018
From: Breaking News
![Agent in court this week over HMRC issue as fate of firm still in balance](/img/default/eat.png)
The estate agent behind the troubled high end Sanderson Young company is reported to be appearing in court this week as...
17 September 2018
From: Breaking News
![US franchise network owned by Warren Buffett enters London market](/img/default/eat.png)
A well-known London estate agency says it signing up to a US-based real estate franchise network run by billionaire Warren Buffett. From...
10 September 2018
From: Breaking News
![Over 7,000 votes cast for second annual conveyancing ESTAS](/img/default/eat.png)
Some 175,000 pieces of data relating to service in the conveyancing sector have been provided by 7,000 consumers for the second annual Conveyancer Awards...
06 September 2018
From: Breaking News
![Property Jobs Today - all the latest industry moves](/img/default/eat.png)
Hello and welcome to this week’s PJT, the place where you find all the key agency industry moves over recent days. Please...
30 July 2018
From: Breaking News
!['Resi Richard' - guru teams up with top London estate agency](/img/default/eat.png)
One of the property industry’s best known figures, Richard Berridge, has teamed up with estate agency My London Home to lead...
26 July 2018
From: Breaking News
![£200 a month to run your own estate agency says company boss](/img/default/eat.png)
The UK division of Keller Williams, the world's largest estate agency, says it can help entrepreneurial agents to set up their...
17 July 2018
From: Breaking News
![Guild and Fine & Country splash the cash on six-figure Park Lane makeover](/img/default/eat.png)
Fine & Country and The Guild of Property Professionals are refurbishing the Park Lane showroom they share - and it’s going...
12 July 2018
From: Breaking News
![Popular ex-Countrywide executive now managing director at Dexters](/img/default/eat.png)
One of the country’s best know estate agents, Marc Goldberg, has joined London agency Dexters. Goldberg spent some 30 years at Countrywide’s...
29 June 2018
From: Breaking News
![Exclusive: US agency opens fourth UK office with more to come](/img/default/eat.png)
Estate Agent Today can reveal that Keller Williams, the US-led firm that has 170,000 agents worldwide, is to open its fourth...
22 June 2018
From: Breaking News
![Top agent says corruption crackdown is deterring super-wealthy foreign buyers](/img/default/eat.png)
One of London’s best known high-end estate agents, Gary Hersham, says corruption crackdowns in this country and overseas may be deterring...
31 May 2018
From: Breaking News
![Prime London woe: price falls, slow sales and valuation mark-downs](/img/default/eat.png)
Coutts bank has issued a starkly pessimistic snapshot of prime London’s housing landscape, reporting price falls, valuation mark-downs and slower sales...
27 April 2018
From: Breaking News
![Humberts sets up six regional hubs to boost new homes offer](/img/default/eat.png)
The fast-diversifying Humberts has set up regional hubs to handle its new homes and land division, in addition to taking on...
22 February 2018
From: Breaking News
![Countrywide and Rightmove veteran joins top table of Mayfair finance firm](/img/default/eat.png)
A new Mayfair-based short-term property finance provider has been launched with Harry Hill, the Countrywide founder and ex-Rightmove chief executive, as...
17 January 2018
From: Breaking News
![63% of homes in parts of London on sale for 12 months or more](/img/default/eat.png)
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
![Teenage online boss says his estate agency is already one of UK's biggest](/img/default/eat.png)
The 19 year old boss of online agency Doorsteps claims that his website has sold £100m worth of homes, currently lists...
17 October 2017
From: Breaking News
![Appointments - Ex-Savills man joins Harrods; New country consultant](/img/default/eat.png)
Harrods Estates has recruited an ex-Savills sales negotiator with 10 years of experience working in prime central London. Michael Harte, who will work...
21 September 2017
From: Breaking News
![Famous prime London agency expands after merger with rival](/img/default/eat.png)
Beauchamp Estates has announced that it will have a fourth prime central London office following its merger with Marylebone-based Hanover. The Marylebone...
11 September 2017
From: Breaking News
![Prime London agents launch new industry recruitment firm](/img/default/eat.png)
Three prime London estate agents have this week launched a specialist recruitment company for the property industry. Hanning Recruitment has been founded...