Average mortgage payments as a proportion of income have dropped from 43% in 2008 to 31% in 2018
'Owning a home with a mortgage now more affordable than 10 years ago', according to mortgage firm Private Finance, despite house prices soaring by 29%.
Five-year fixed rate mortgage costs fall as borrowing becomes cheaper around the world
“We have often thought that rates can’t go any lower, but here we are again,” says David Hall of Knight Frank Finance
By PrimeResi
Returning Stamp Duty to 2005 levels would galvanise the property market, suggests influential think tank
"Stamp duty has distorted the market to such an extent that the costs of cutting it are far lower than generally realised," suggests the Centre for Policy Studies, led by David Cameron's former housing…
By PrimeResi
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...
By PrimeResi
Companies in this article
Private FinanceMost read
Buyer exchanges on £70mn London property in pre-Budget mega-deal
What jitters? Agency ties up one of the largest super-prime sales of 2024, just days before the biggest fiscal event in years.
Survey: The prime resi sector’s hopes & fears for this week’s Labour Budget
Changes to Capital Gains Tax, Stamp Duty & non-dom status are causing concern amongst PrimeResi's panel of business leaders ahead of Wednesday's Autumn Statement.
By PrimeResi
Super-prime mansion project in Jersey seeks buyer
Currently in shell and core form, the rare new-build will be delivery turnkey to its new owners following a fit-out by a 'globally recognised' team of designers.
Kaye & Carey founders move on
Matthew Kaye and Adam Carey have closed their 21-year-old Knightsbridge estate agency, but remain in the PCL property arena.
By PrimeResi
London is ‘still by far Europe’s most mature & expensive high-end residential market’
New CBRE analysis takes a deep dive into the capital's luxury living sector, and how it compares to other wealth hubs.
New super-slim skyscraper in Dubai will ‘work with nature rather than against it’
In Pictures: Muraba collaborates with Pritzker Prize-winning RCR Arquitectes on 'daring' luxury resi project that draws on ancient design techniques.
Meriam Lock-Necrews on putting homes at the heart of Battersea Power Station’s redevelopment
Two years after the regenerated Battersea Power Station opened, BPSDC's Head of Residential shares insights into how the project created a sought-after residents' experience within a new mixed-use neighbourhood
Green light for old Hampstead Police Station development
Redington Capital and dMFK Architects have secured planning consent for the reinvention of a Grade II listed landmark building in prime North London.
By PrimeResi
Talking Heads: Property industry leaders’ Autumn Statement wish lists
What announcements would you most like to see in this week's Budget event, that would benefit the UK housing market?
Talking Heads: What property industry leaders fear most from the Autumn Statement 2024
Of the tax and housing proposals floated by the Chancellor ahead of this week's Budget event, which do you think would have the biggest impact on the prime property market and why?
LATEST ARTICLES
‘Not the pre-Halloween horror show we had braced ourselves for’: Property industry reactions to the Autumn Budget 2024
Featuring insights from: Dominic Agace, Tim Bannister, PC Chawla, Lucian Cook, Becky Fatemi, Guy Gittins, Mark Harris, Nina Harrison, Adam Jennings, Trevor Kearney, Nick Leeming, Roarie Scarisbrick, Nicky…
By PrimeResi
‘This Budget raises taxes by £40bn’: Reeves targets second homes, inheritance, capital gains & non-doms
Stamp Duty on additional homes is going up from tomorrow, but there's no change to CGT on residential property.
By PrimeResi
‘Frantic’ night for HNW advisors following Chancellor’s SDLT surprise
Buyers given hours to get deals over the line before higher rate kicks in - but will there be a longer-term impact on the PCL market?
£30mn ‘masterpiece’ sold in west London
10,000-plus sq ft freehold townhouse on the banks of Regent's Canal is one of Little Venice's finest.
Developers build up an appetite for sites
Growing positivity in the development land market is yet to translate into deals, reports Savills.