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PRIMERESI JOURNAL - THE JOURNAL OF LUXURY PROPERTY
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Keeping Up Appearances:An architect’s guide to façade retention projects
With two significant retained-façade projects currently under construction in London, MSMR’s James Bell explains the history of façadism and practical considerations for developers of today’s methods…
Tom Ford’s former Chelsea townhouse sells for record price
Multiple buyers compete over double-fronted villa formerly owned by the American fashion mogul.
Property developers to face two new taxes to pay for cladding scandal bill
Robert Jenrick has announced that residential property developers will face two new levies, starting in 2022, to pay for some essential fire safety works on high rise buildings, following 2017’s Grenfell Tower tragedy.
Will the Covid pandemic cause London’s population to decline?
Earlier this week, Capital Economics suggested a decline in London’s population could have a significant impact on its housing market, so is the current trend a blip, quickly reversed – or a turning point? Humphrey Southall looks at the evidence…
Beverley Hills mansion sets a new auction price record
Villa Firenze in California was once marketed at $165 million; it’s now found a buyer in a deal that auction house Concierge Auctions says “marks the highest price achieved for a residence at auction — Ever. Worldwide.”
2021 starts with ‘a noticeable drop off’ in property demand
January saw buyer enquiries, agreed sales and new instructions fall for the first time since May, according to the latest RICS survey – but house prices continue to rise (for now).
Is TikTok a viable way to sell luxury homes?
Chris Dietz takes a look at the US-led trend of real estate brokers using the meteoric social media platform to market their listings; does it actually work, and is now a good time to jump on the bandwagon?
Avanton embarks on £500m London land buying spree
Property developer Avanton has amassed a £500m fund for “strategic land acquisitions” over the next three years, focused on build-to-rent projects in the capital.
The number of Londoners buying second homes outside the capital tripled last year
The number of London-based buyers that purchased a second home outside the capital leapt by 309% in 2020 compared to 2019, according to Knight Frank, as affluent sorts looked to escape the city.
Telegraph: ‘Stamp duty holiday could be extended by six weeks’
The Telegraph has reported an unnamed Treasury source as saying that the Chancellor is considering a short extension to the Stamp Duty holiday.