90% of HNWIs face mortgage rejection, claims lender
'Both high-earning professionals and successful entrepreneurs will often struggle to secure the mortgages they want from conventional mainstream lenders due to the complexity of their incomes,' says Investec.
Major lender pauses mortgage deals for new customers
HSBC has pulled home-buying products after a surge of enquiries as borrowers look to beat another interest rate hike.
‘Proud to pay more’: Most HNWIs want higher wealth taxes, say millionaires
'The true measure of a society can be found, not just in how it treats its most vulnerable, but in what it asks of its wealthiest members,' say Patriotic Millionaires Marlene Engelhorn and Stefanie Bremer.
Mortgage lending to fall in 2024, predicts UK Finance
'We expect lending to remain weak in 2024, with a gradual improvement in affordability reflected in a modest increase in activity levels in 2025,' says banking industry trade body.
Most read
UK Sotheby’s International Realty appoints new Ops Director
New recruit 'brings a proven track record in high-value transactions & operational ingenuity,' says super-prime brokerage.
Another senior appointment for Strutt & Parker in PCL
Andrew Chambers has followed in the recent footsteps of Claire Reynolds, moving to the BNP Paribas-owned heritage estate agency from UK Sotheby's International Realty.
Ranked: The world’s top 30 HNWI hotspots in 2025
Fresh Savills research reveals 'a dynamic reshaping' of global wealth migration - 'comparable to the expansion of air travel in the 1960s & 1970s.'
Green light for major Wimbledon office-to-resi scheme
Aldar-owned London Square has chalked-up another planning win.
Italian design platform lands in London with Embassy Gardens penthouse
Artemest collaborated with Dublin-based designer Róisín Lafferty on the high-end project in Nine Elms.
REDD appoints new director to lead private client growth drive
The luxury real estate firm is expanding its bespoke services offering for HNWIs, family offices & investors.
Interview: Rhodium’s Richard Petrik on ‘mobilising’ London’s most luxurious developments
Top-end specialist reveals how schemes are transformed from building sites into turnkey addresses for the world’s most discerning buyers.
‘Ultra-rare’ triplex penthouse offers vast ‘blank canvas’ above Chelsea Waterfront
The trophy home atop Tower East is being offered for sale in shell condition.
Thumbs-up for major new canal-side neighbourhood in RBKC
FaulknerBrowns devised the masterplan for the 19-acre former gasworks site - from where the Notting Hill Carnival sets off - for Ballymore and Sainsbury's.
SW London specialist signs to Harding Green
Catherine Merrett previously worked for Savills and for Antony Roberts.
LATEST ARTICLES
Big London agency calls the bottom of the market
Chestertons says it has spotted the telltale signs that confidence is about to return.
UAE developer announces major acquisition in East London
Arada has agreed to buy an 80% stake in the £2.5bn Foster + Partners-designed Thameside West regeneration project.
FRP swoops on Arc & Co
Business advisory firm adds top real estate team as part of national expansion.
Agents appointed on Bentry’s £100mn Islington scheme
Savills & CBRE are due to launch resi sales at Angel Village early next year.
Budget 2025: Estate agency assesses ‘most likely’ tax changes for the property market
Hamptons' research chief runs through the tax runners & riders that could hit the residential market on 26th November.