Agents bank on summer rates cut to boost buyer activity
83% of estate agents believe a cut to the base rate of interest would boost home-buyer demand, but only half think it would drive house prices up.
Property industry reactions: Bank of England hikes base rate again, to 5.25%
Featuring analysis from Chestertons, JLL, Knight Frank, Rightmove, Savills, Zoopla and more.
By PrimeResi
Industry Reactions: Bank of England raises base interest rate to 5%
'If we don't raise rates now, it could be worse later,' explains Bank of England chief, as interest rates climb to a 15-year high.
By PrimeResi
Budget 2021: Sunak cuts Business Rates, but major house-builders face 4% cladding tax
Chancellor Sunak has promised to cut taxes, not raise them in the coming years. But the country's biggest house-builders will have profits taxed 4% to help pay for the cladding scandal.
By PrimeResi
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Savills recruits Knight Frank’s Gigi to head Hampstead sales
Agency confirms 'major' resi appointment in north London.
Candy Capital teams up with Abu Dhabi property developer to ‘redefine luxury living on a global scale’
British tycoon Nick Candy has signed a 'landmark' JV agreement with Modon Holding, promising to 'amplify the ultra-luxury real estate landscape' in the UAE, Middle East & beyond.
By PrimeResi
Alex Michelin: Why London’s super-prime buyers are no longer driven by location
The significance of postcodes is fading, explains the influential luxury property developer, while demand for unique, individualised homes is rising.
Former Black Brick partner launches ‘private property network’ for agents
Over 100 firms have already signed up to Caspar Harvard-Walls' London-based platform, Oskar.
Developer to revive ‘architectural masterpiece’ in SW London
Aldar-owned London Square continues acquisition drive with purchase of Grade II* listed former Surrey County Council HQ.
In Pictures: Joyce Wang Studio designs £17.25mn apartment at The Whiteley
International practice was given carte blanche to create a 'quietly luxurious' 4,000 sq ft residence at the £1.2bn west London scheme.
UK is ‘worst in the world for millionaire exits’, warn economists
The Adam Smith Institute believes the share of the UK population who are US dollar millionaires will fall by a fifth over the next four years, thanks to 'a hostile culture for wealth creators'.
By PrimeResi
Luxury Centre Point scheme ‘over 90% sold’ following flurry of deals
Almacantar on home straight at landmark West End project as buyers splash out £45mn on new apartments.
In Pictures: High-spec Wimbledon Village mansion seeks £15.5mn
Super-prime listing on prestigious Parkside comes with 'best in class' amenities including a pool, sauna, ice pool & private cinema.
Weekly Showcase: Ten featured prime resi listings
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