The LPF Weekend Fix - in partnership with Prime Resi Journal
THIS WEEKEND WE BRING YOU OUR TOP TEN ARTICLES FROM:
PRIMERESI JOURNAL - THE JOURNAL OF LUXURY PROPERTY
PRIMERESI IS THE LEADING NEWS, INSIGHT AND OPINION RESOURCE FOR THE UK’S LUXURY PROPERTY SECTOR, PROVIDING DAILY BREAKING NEWS AND ANALYSIS ON PRIME RESIDENTIAL MATTERS.
Prime Central London ‘stirs into life’ after two quiet years
“Prime Central London is now moving back into the spotlight,” says Knight Frank. “The fact prices have been falling for six years helps.”
Sustainability climbs the agenda for home-owners & house-hunters
Around two fifths of future house-hunters say they would consider the energy efficiency of their next home, up sharply from just over one fifth who thought about this with their last property purchase.
Overseas Entities: The real estate effect
The effects of the Economic Crime Act will be felt far and wide across the UK real estate industry, writes Nathan Rees. Here’s how the new rules will affect overseas entities that own, acquire or dispose of land in the UK – and also those who enter into transactions with them…
‘Rebalancing begins’ as prime London’s property market catches up with country house performance
Knight Frank and Savills have both flagged a revival for central London’s property market in the opening months of this year. Prices are rising, buyer activity is up, and supply is picking up faster than in other parts of the country, as the back to work trend continues…
London is the ‘most challenging market’ for estate agents
London’s SW postcode is one of the slowest-moving property markets in Britain, according to new analysis – but is the most lucrative patch for estate agents. Central London’s WC area is the least-lucrative postcode…
Prime London buyer demand ‘stalls’
One in four prime London property listings has already found a buyer, down slightly compared to Q4 2021.
The Telegraph: The inside story of London’s ‘Billionaire Towers’
Reporters have named names and details of international residents at Finchatton’s super-prime Twenty Grosvenor Square development, calling the 37-apartment scheme “Londongrad’s most fashionable residence.”
New luxury resi plans submitted for dilapidated Kensington hotel
The owner of the old Clearlake Hotel on Prince Of Wales Terrace is reported to be Roman Abramovich’s “right-hand man”.
Luxury developer targets London’s retirement sector with £250mn fund
Amazon Property, the firm behind high-profile prime resi schemes including The Hempel Collection and The Park Crescent, is looking to build a portfolio of sites under new brand, Amazon Care
Mortgage lending drops, ‘confirming that the froth has come out of the market’
The average mortgage value was £235,474 in February – a significant 4.6% higher than the previous month, and 10.4% up one the year.