News

An overhaul of stamp duty rates two years ago has made almost no difference to the sale of homes costing more than £1 million, despite such transactions becoming significantly more expensive, according to latest figures. The total number of sales above £1 million fell by 9 per cent in the 12 months to June compared […]

Now that Teresa May has finally triggered Article 50, Brexit has been brought sharply into focus its effect on property prices and in particular on the capital. Much has been written about the effect of Brexit on property prices. It is important to distinguish between different market – firstly prime central London (PCL) covering the […]

The super-rich will continue to flock to London, despite the political and economic concerns around the U.K.’s intention to leave the European Union, according to a report published on Wednesday by property broker Knight Frank LLP. The number of ultra-wealthy people living in the U.K. capital is expected to climb by 30 percent to 6,058 […]

According to recent research, 4 in 10 London home-owners are selling their premium properties to free-up savings. With the largest proportion of sellers aged between 55-80 years of age, 1 in 10 of these planned to substantially reduce the size of their next property. Around half of those selling in central London, where average house […]

In the wake of Trump’s inauguration, property experts have predicted that Trump’s presidency could actually lead to an upturn in American investors purchasing Prime Central London real estate. Many Prime Central London agents, including ourselves, have seen a rise in the number of American visitors browsing property websites. A spokesperson for the London Central Portfolio […]

This time last year no one in the UK could have possibly guessed the outcome of the Brexit referendum. With Brexit looming, many property buyers and sellers held off and waited in anticipation of the result. After the shock of the referendum, it was expected that the London property market would take a particularly hard […]

Anderson Street, Chelsea Local Authority – Kensington and Chelsea Our property of the month of February is in Anderson Street. A charming and unique 4 bed town-house situated in the heart of Chelsea. Recently renovated, this grade II listed property now boasts a superb entertaining space with a first-floor double reception and ground floor kitchen […]

Successive increases in stamp duty including the buy-to-let surcharge of 3% on second homes last April has failed to dampen Stamp Duty receipts. According to government figures, Stamp duty surcharge on buy-to-lets generated nearly £1 billion of revenue in the last 6 months of 2016. Overall Stamp Duty on residential homes climbed to £8.28 billion […]

Finally, the wait is over! Lloyds have announced that Eaton Square tops the poll as the most expensive street in England and Wales. Built in the 19th Century around a 2.5-hectare private garden, it features stucco white facades and is a stone’s throw away from upmarket Knightsbridge and Chelsea. With property prices averaging little under […]

Until recently there were two separate camps of buyers. Those who would only consider period properties with their “character” and original features, and those who favoured the easy-living low-maintenance of newbuild. There may be new developments popping up all over London as housebuilders scramble to serve the property needs of an ever-growing capital, but it […]

So 2016 has not been the best year for buyers and sellers. With huge stamp duty reforms increasing stamp duty on additional properties by 3% and excluding property investors from capital gains cuts, London’s property market has slowed exponentially in 2016.  Coupled with Brexit and widespread uncertainty, people buying and selling property throughout the UK […]

The average asking price of a property in London has increased by more than £30,000 since the start of 2013, according to figures from property website Rightmove, and is now comfortably through the half-a-million pound mark, at £515,243. It sounds a lot, but in some parts of the capital it is small change.

Contact us to arrange a valuation or consultation on 0207 581 4540 or 0788 764 4929