Tag: Knightsbridge
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London Rents Fall – Third Time in a Row
Rents in the capital are heading downwards, with decreases seen every single quarter this year. This news, revealed by flatshare website SpareRoom, could be a sign that the once red-hot London rental market is finally starting to cool off. However, it’s not yet a national trend, as rents across the UK are still climbing –…
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Scottish Homes Selling Like Hotcakes While Seaside Properties Linger!
Thinking of buying or selling your home? New research reveals Scotland is THE place to be for swift sales, while dreaming of a seaside escape might mean a longer wait. Property website Rightmove has crunched the numbers and revealed that homes in Carluke, in Lanarkshire, are being snapped up quicker than anywhere else in Great…
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Americans are Snapping Up London Homes!
American buyers are leading the charge for luxury London property, with almost half of all homes sold for over £12 million last year going to US buyers, according to new research. UK Sotheby’s International Realty revealed that a diverse group of American buyers, from tech millionaires to families, are behind the surge in interest. These…
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London Prime House Prices Surge as Buyers Return to the Market
Property prices in upmarket parts of London have bounced back to levels not seen in a year, with the average asking price now £1.5 million. That’s a jump of 3.4% in just three months, according to the latest Coutts London Prime Property Index. The number of deals being struck has also shot up, with a…
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London House Prices Cut as Sellers Battle it Out
Homeowners across the capital are being forced to drop asking prices as the number of properties up for sale continues to climb. New data from property experts LonRes has revealed that house prices in upmarket areas of London fell by 2.8% in May compared to last year. This means prices are now roughly the same…
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Prime London Property Prices Slide in Q1, But Brighter Days May Be Ahead
In the first quarter of 2024, London’s high-end property market took a bit of a tumble. Prices in Prime Central London have fallen, marking a 3.9% decrease as investors and homeowners alike hold their breath for a potential rebound. However, experts are suggesting that this drop might just be a short detour on the road…
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London Property – the Market’s Ups and Downs
Recently, the latest government figures have shown the fluctuating market of London’s property prices and rents, revealing a tale of contrasts that could impact anyone looking to make their home in the capital. The Times looked into the intricacies of London’s housing market, highlighting the areas where bargains are to be found and where costs…
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Mayfair – Property Prices Rocket in London’s Elite Enclave
The Mayfair 2024 Residential Market Report by Wetherell shows that 70% of properties sold in Mayfair last year fetched between £2,000 and £10,000 per square foot. This is a huge leap from the 24% average for similar price brackets across prime central London. Imagine stepping into a reception room of a property in Grosvenor Square…
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The State of London’s High-End Market in 2023
In 2023, London’s residential market for properties valued over £5 million experienced a slowdown. Despite this, sales remained significantly higher than the average seen before the pandemic hit. A comprehensive market analysis by Savills revealed that there were 526 sales of both new builds and second-hand properties in this price bracket during the year. Although…
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Billionaires Opt for Ultra-Secure London Flats as Mega Mansion Sales Soar
Among the world’s wealthiest, luxury apartments with top-notch security are becoming the new must-haves, especially in London’s most elite neighbourhoods, according to the research by the high-end estate agency Beauchamp Estates. This shift comes as sales of homes priced above £15 million in London have significantly increased in 2023. The Rise of High-Security Luxury Apartments…