‘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.
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‘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.
‘Storm clouds clearly visible’, warns the RICS as ‘dial shifts’ on the housing market
The property market 'has clearly shifted in a negative direction', says the RICS' Chief Economist, with surveyors expecting house prices and transaction volumes to fall in the coming months.
The housing market ‘is slowly transitioning to a buyers’ market’ – Zoopla
Higher mortgage rates are reducing home-buying power by "as much as 28%", warns property portal.
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Changing of the guard at Knight Frank’s National Country Department
‘Stan’ Matthews steps up to lead £400mn-a-year operation after 23 years with the agency.
Warwick revives 1880s Notting Hill terrace as luxury resi scheme
Four top-spec residences will be released to the market throughout the autumn.
Billionaires’ Row mansion changes hands for £30mn
Official records reveal big-ticket resi deal on one of north London's most famous addresses.
US buyer lands super-prime pied-à-terre at The Whiteley
PCL buying agency sources off-market 3,000+ sq ft apartment at landmark Bayswater scheme, amid signs of 'real momentum' returning to the prime London market.
Knight Frank appoints new Group CFO
'Knight Frank is primed for growth and I am looking forward to helping deliver this,' says Chris Davis.
High-profile royal mansion heading for the private rental market?
Former home of Andrew Mountbatten-Windsor has 30 rooms and is said to cost £400k-a-year to run.
HMRC wins high-stakes developer tax battle
Tax authority said £5.4mn dispute potentially had £1bn implications.
Time vs Money: Ollie Marshall on the changing calculation for Britain’s wealthy
Top buying agent on the expats who left to preserve their money - but may ultimately return to preserve their time.
Trio of seasoned London agents sign to D&G’s self-employed broker model
Tania Smith, Dinishka Jayasena & Charlie Rosling previously held senior roles with the likes of Foxtons and Winkworth.
‘Ever increasing taxes cannot continue’: Charles Curran on fear, flight & the changing PCL market
The Maskells boss weighs up the impact of tax uncertainty on prime London – and spots an opportunity amid the gloom.
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Top buying agent on the expats who left to preserve their money - but may ultimately return to preserve their time.
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