A 1% interest rate rise would cost mortgage-holders £10bn
A 1% rise 'would add £10bn to the UK's mortgage bill', says Savills, which works out at around £930 per year per mortgaged household...
The ONS’ miscalculation of a crucial labour cost figure could lead to “one or two” extra interest rate hikes
A blunder by the Office for National Statistics (ONS) in which it miscalculated a crucial measure of labour cost inflation could lead to Bank of England policymakers signalling the need for "one or two"…
By PrimeResi
Mortgage lending ‘defies seasonal trends’ to rise in December
2018's total gross mortgage lending was nearly 4% higher than the previous year
By PrimeResi
BoE raises interest rates for the for the first time in a decade: Property industry reactions
"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%
By PrimeResi
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Savills star Sarah Peck joins UK Sotheby’s International Realty
The luxury estate agency is assembling a stellar team as it embarks on a 'new era' under its new owner.
John D Wood installs new Head of Sales
James Waight's promotion marks 'a new era of leadership', says the prime estate agency.
Knight Frank expands super-prime lettings team
Property firm adds new faces to its top-tier lettings teams in Prime Central London and in South West London & the Home Counties
By PrimeResi
Valouran tees up £200mn luxury resi scheme on Billionaires’ Row
Alex Michelin & Matthew Robertson's new development firm announces plans to deliver a 30-unit scheme on The Bishops Avenue, just weeks after embarking on a top-end project in St John's Wood.
US celebrity advisors team up with boutique British property agency
Compass Sports & Entertainment Division has partnered with David Johnson's INHOUS in the UK & Ireland
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Boutique branded resi scheme in Chelsea tops out
Apartments at The Lucan - London’s first standalone Autograph Collection Residences - will come with a suite of five-star services laid on by luxury hotelier Marriott.
Forecast: PCL rents set to soar 24% by 2027, while property values likely to climb 8%
Knight Frank has updated its property market forecasts, expecting Prime Central London prices to out-perform other markets over the next five years.
By PrimeResi
Super-prime developer lists west London former vicarage at £6.95mn
K10 Group founder Kam Babaee has owned the Gothic-style mansion in Chiswick since 1999.
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