House prices slump again in London’s wealthiest areas Property London house prices fell again in March, as the capital’s wealthiest areas continued to see significant drop-offs in house values. House prices in London fell by 2.1 per cent in the year to March, though this drop was slightly softer than the 3.1 per cent in the year to February, according to the Office for [...]
London’s prime property market isn’t collapsing Opinion Contrary to popular belief, London's prime property market isn't failing. But it is fundamentally changing, writes David Austin.
Londoners wait far longer to sell homes as stamp duty weighs on confidence Property The wait for a London house sale is six days longer now than last year, as the capital sees the “greatest impact” from stamp duty and the Iran war’s hit to property confidence. The average time it takes for a house in the capital to be snapped up once it is listed on the market [...]
London house prices sink again as wealthiest areas hit April 22, 2026 House prices in London have fallen for the seventh consecutive month, as the capital’s luxury hot spots saw huge slumps in value. House prices dropped more than 12 per cent in Westminster – which includes in-demand areas like Mayfair and Knightsbridge – and 11 per cent in Kensington and Chelsea. The average house price in [...]
‘Easiest time to rent in six years’ as housing supply improves March 11, 2026 Renters in the UK are enjoying the lowest level of competition for homes in six years, as price growth slows and stock increases. While 6.5 renters competed for every property last year, the average number of enquiries per home is now 4.8 – the lowest rate since 2020, according to Zoopla’s quarterly rental market report. [...]
Is it high time to buy in super-prime London? July 15, 2025 London’s super-prime market has been suffering from a glut of supply in the wake of damaging decision-making from successive governments. Ali Lyon asks, is the tide beginning to turn? To take a walk down Mayfair’s historic Upper Grosvenor Street is to be confronted by a quiet, but dramatic, changing-of-the-guard afoot in one of London’s most [...]
Rachel Reeves’ tax hikes are driving wealthy overseas investors to flee London July 14, 2025 Chancellor Rachel Reeves’ tax hikes have had the “feared impact” of driving wealthy overseas investors to flee London to escape double taxation of their worldwide income, the company behind The Shard has said. Real Estate Management (UK), which is ultimately owned by the State of Qatar, has revealed the exodus has resulted in it being [...]
Zoopla: Rightmove rival handed £500m price tag April 30, 2025 Online property portal Zoopla has been put up for sale with an asking price of around £500m, it is understood. The company, which was launched in 2008, has put on the market by Silver Lake Partners which has owned the group it forms a part of following a £1.6bn deal in 2018. That group also includes [...]
London house prices fall fuels sales surge April 24, 2025 Sales of prime central London housing jumped up during the first three months of 2025 as prices fell amid the ongoing global uncertainty. Residential sales activity in the first quarter rose 12 per cent compared to 2024, according to new research from global property advisor JLL. “There are clear signs of renewed confidence across prime [...]
Dexters: High rents boost profit of London’s largest private estate agent April 22, 2025 Independent estate agent Dexters has reported a double-digit profit boost due to growth in its letting arm. Revenue rose 23 per cent rise to £222m in 2024, from £181m in 2023, with underlying operating profit up 17 per cent to £47.2m, from £40.4m in the prior year. Dexters, which is London’s largest estate agency with [...]