Tag: Knight Frank

Knight Frank predicts long recovery for UK property market

Knight Frank predicts long recovery for UK property market

UK property prices are unlikely to return to the peak levels seen in 2007, until 2019, according to international property consultancy Knight Frank. This would represent the longest period between price peaks since records began sixty years ago. Although property prices in central London have grown substantially, prices for the market as a whole have […]

November 7, 2012 More
Asian buyers take interest in London property market

Asian buyers take interest in London property market

According to Knight Frank LLP, 59% of new-build property in London has been acquired by Asian buyers in the six month period to April. This is up from 48% a year earlier as buyers seek alternatives from rocketing property prices in China and Singapore. The estate agent said Asian buyers are taking advantage of the […]

May 26, 2011 More
Number of second homeowners soar to record levels

Number of second homeowners soar to record levels

Research by estate agent Knight Frank has found the number of second homeowners in England has soared to a record level of almost a quarter of a million. According to the estate agent, a change in holiday plans mean an increasing amount of buyers believe that a second home is “an investment, rather than a […]

August 18, 2010 More
Prime country houses catch up with market downturn

Prime country houses catch up with market downturn

Upmarket estate agent, Knight Frank, has reported that owners of prime country houses are becoming more realistic when it comes to selling. Prices for prime country residences fell by an average 16% during 2008 but the decline accelerated in the last three months of the year, when values plummeted by 9%. City job losses in […]