‘Another clear sign that it will be a challenging year for the housing market’: Industry reactions to the latest BoE mortgage data
Prime property insiders offer their take on new Bank of England data, highlighting a steep drop-off in mortgage lending at the end of last year - featuring Savills, Knight Frank, SPF Private Clients and more.
‘It is clear that we have returned to a much more price-sensitive housing market after two years of a buying frenzy’ – Rightmove
Asking prices drop 'in line with the norm' despite financial uncertainty.
Balance returns to the housing market as new sales instructions climb
"We’re still a long way off a housing market crash, but things are showing signs of cooling somewhat," reports TwentyCi.
Housing market moves towards a ‘new normal’ after two years of volatility
HMRC's latest property transaction figures show the market settling into a "new normal", after two years of Covid-induced volatility.
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Harrods Estates to shutter operations after 130 years
High-profile luxury agency, founded in 1897 and a fixture of the Prime Central London market, has closed its Knightsbridge office and is no longer accepting new enquiries.
UK Sotheby’s teams up with Sports World on big-ticket lettings
Tie-up results in ‘landmark’ transactions in Highgate and North Surrey.
Savills snaps up top-end London lettings firm
Acquisition sees PCL veteran Mark Tunstall return to the agency as co-head of super-prime lettings in the capital.
Luxury Mayfair scheme chalks up deals as turnkey demand holds firm
Agents report ‘sustained appetite’ at Reuben Brothers development despite market headwinds.
Opinion: Why London remains the natural home for global trophy buyers
Demand is returning to north London’s top-tier enclaves as Middle East tensions rise and pricing resets, reports agency boss Trevor Abrahmsohn.
Six ways the new High Value Council Tax Surcharge could change the luxury property market
From shifts in pricing and transaction levels to new-build activity, the OBR has released fresh forecasts for how the prime resi market could be affected by 2028's new annual levy.
Allsop recruits former Savills director to lead new planning department
'We are pressing on with our strategy of growth in complementary business areas,' says property consultancy boss.
‘A rare arrival on the lettings market’: Bayswater duplex seeks £10k pw
The marquee apartment in Redrow's 2015 Connaught Place development is available to rent.
In Pictures: Brand new Wentworth mansion with rare fairway access seeks £21.5mn
Buyer sought for 18,000 sq ft new-build on prized 1.42-acre plot.
D&G adds another self-employed broker in Central London
Keelan Forbes has returned to the agency after a spell with Savills.
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Harrods Estates duo Dougramaji & Harte join Strutt & Parker
BNP Paribas-backed agency boosts Knightsbridge & Belgravia team as top PCL operators move on from Harrods Estates.
Resi developer & investor team up for €150mn luxury Marbella project
Major Spanish housebuilder confirms a 'strategic expansion' in the prime residential arena.
Agency reports £37mn deal run on Hamilton Terrace
Five sales tucked away on one St John’s Wood street, including two sizeable houses just last week.
Weekly Showcase: Ten featured prime resi listings
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1508 London to design Baccarat-branded Maldives scheme
London-headquartered firm joins team delivering French crystal brand’s first residences in the Indian Ocean.