July 29, 2026
Covering established neighbourhoods including Kensington, Knightsbridge, Notting Hill, Pimlico and Paddington: our report explores how buyers, sellers and tenants are navigating a market moving in two directions at once, defined by decisive repricing, domestic family money, and a rental market reshaped by legislation.
Sales completions held firm in Q2 despite applicants falling more than a tenth, as long-marketed homes finally cleared at corrected prices. For the first time, we trace over two years of price reductions — early repricers give up the same discount but sell months faster, map who's buying patch by patch, and count the cost of a collapsed sale. In lettings, tenant registrations rose 25% while the Renters' Rights Act redraws behaviour around its £100,000-a-year threshold. With the autumn Budget ahead, our summer update offers a grounded view of a market that has stopped waiting for perfect conditions.
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