Knight Frank
| Use attributes for filter ! | |
| Web site | www.knightfrank.com |
|---|---|
| Headquarters | London |
| United Kingdom | |
| Number of employees | 14,000 (2018) |
| Founded | 1896 |
| Subsidiaries | Knight Frank India Pvt Ltd |
| Founders | Howard Frank |
| Number of employe | +14,000 |
| Date of Reg. | |
| Date of Upd. | |
| ID | 405914 |
About Knight Frank
Knight Frank LLP is a global real estate consultancy and estate agency headquartered in London, England. Knight Frank's global network has more than 488 offices across 57 territories and more than 20,000 people managing commercial, agricultural and residential real estate worth more than US$817 billion.
UK rent rises at the highest rate seen for years
... Tom Bill, head of UK residential research at estate agency Knight Frank, said: " The squeeze on tenants will not end any time soon...
Bob Dylan puts Highland mansion retreat up for sale
... Tom Stewart-Moore, from estate agents Knight Frank, said the Nobel laureate was selling up as he had not been able to use the property in recent years...
Home asking prices £14 rise smallest for 22 years
... And Tom Bill, head of UK residential research at estate agent Knight Frank, said the housing market had picked up a bit since Christmas...
Move to the country property trend fading - Zoopla
... Chris Druce, senior research analyst at estate agent Knight Frank, said: " After a frenetic period for the country market, city living has come back strongly as workers have returned to the office, and the lifting of pandemic restrictions has boosted the appeal of urban living...
Bank of England: Five things we now know about the UK economy
... According to Simon Gammon, managing partner at mortgage advisers Knight Frank Finance, most lenders are offering fixed rates of between 5...
Reliance Industries: Daughter rises in Mukesh Ambani's succession plan
... While fewer than half of Asian families have succession plans in place, the pandemic has encouraged 84% of India s ultra-wealthy to reassess how they will transfer their wealth, global property consultancy Knight Frank estimates...
Rare Ardbeg Scotch single malt cask sells for £16m
... " Andrew Shirley, editor of the Knight Frank Wealth Report, said that the cask sale had " set a very interesting new benchmark"...
The mystery of the home where the Queen was born
... The original 17, Bruton Street was managed in the early 1930s by Howard Frank, co-founder of the Knight Frank estate agency...
Move to the country property trend fading - Zoopla
By Kevin PeacheyCost of living correspondent
A trend of moving to rural and coastal areas is fading and affordable towns are becoming more of a draw, according to property website Zoopla.
Demand for larger, more remote homes surged during the pandemic as people looked To Live and Work Out of town.
But the property portal suggested that trend had run out of steam.
Higher mortgage rates were leaving potential buyers with an affordability challenge, it said, which would push Down House prices in general.
Mortgage lenders the Halifax and the Nationwide are predicting UK house prices will fall next year, by 8% and 5% respectively.
However, Zoopla said that the smallest falls were likely to be seen in more " affordable" urban areas, and among flats.
" Buyers will be far more cautious and price sensitive. Serious sellers need to be realistic on price, " said Richard Donnell, Executive Director at Zoopla.
" The impact [of mortgage rates] on pricing will be felt more in The Higher value markets of southern England than the more affordable markets elsewhere. "
In recent years, Covid lockdowns led homeowners to reassess where and how they wanted To Live .
The pandemic accelerated a shift towards remote working, and brought big savings for some parts of society. Government support through stamp duty holidays and the historically low mortgage rates at The Time led to a rapid increase in The Number of buyers looking to move to larger, more rural properties.
Property prices, the Derbyshire Dales, North Norfolk, and the Cotswolds all shot up.
In recent months, the partial return to The Office and the soaring cost of living caused the picture to change for many people.
Chris Druce, senior research analyst at Estate Agent Knight Frank , said: " After a frenetic period for the country market, city living has come back strongly as workers have returned to The Office , and the lifting of pandemic restrictions has boosted The Appeal of urban living. "
Zoopla's research suggested that places such as Bradford, Swindon, Coventry, Crewe, Southend and Milton Keynes were seeing above-average demand for homes.
Ultimately, 2023 is expected to see falling prices and fewer transactions, according to analysts.
The Nationwide Building Society said that squeezed incomes and economic upheaval would have a significant impact on the housing market.
" But there is still a good chance that we can achieve a relatively Soft Landing next year with activity stabilising modestly below pre-pandemic levels and house prices edging lower, " its chief economist, Robert Gardner , said.
Iain McKenzie, chief executive of The Guild of Property Professionals, said: " The overall picture remains mixed as we finish the year as house prices are expected to fall, but that readjustment could spur demand as buyers search for a good deal. "
Source of news: bbc.com
