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Pent-up demand from the region will continue to fuel UK market, say analysts.

With a £175m price tag, property developer Nick Candy’s penthouse at One Hyde Park is in a league of its own.

Although London is generally a sellers’ market right now, particularly for houses, there are always homes which stubbornly fail to sell.

Sales of “super-prime” homes in the capital increased in 2020 despite the pandemic, showing widening gap between rich and poor.

London’s (and indeed the whole country’s) lockdown has shifted people’s attitudes, and first-time buyers are cashing in.

David Bell meets Camilla Dell and Caspar Harvard-Walls from Black Brick where they discuss common misconceptions in the UK property market. Watch below:

In this episode of devcast… Senior Consultant, Ryan Doyle, was joined by luxury real estate advisor, Ms Camilla Dell.

A year ago this week, England’s housing market was temporarily closed as part of the first national coronavirus lockdown.

UK Finance Minister Rishi Sunak will extend the stamp duty holiday until the end of June, which will prevent property transactions from collapsing when the deadline ends on March 31.

To no-one’s surprise, there haven’t been petitions or concerted pressure from the public, MPs and trade bodies regarding the introduction of an extra 2% stamp duty surcharge on non-UK buyers from April 1 2021.

To walk around the streets of central London today is to know what it’s like to be in a zombie apocalypse. Streets empty, shops closed, pubs forlorn, the desertion would have been unthinkable only a year ago.

A number of estate agents have reported a good performance for January, as buyers raced to get deals over the line before the stamp duty holiday deadline.