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
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Super-prime agent & social media star launches ‘game-changing’ property brokerage
One of London's best-known top-end agents has set up a 'forward-thinking' luxury property brokerage that 'understands the power of storytelling & digital influence in a new era of property.'
By PrimeResi
John D Wood & Co. recruits Knight Frank’s Kilgarriff to lead Central London Lettings
A senior KF operator has moved to a key role in Polly Ogden Duffy's team at JDW.
By PrimeResi
‘The centre of gravity has shifted’: Ranking Europe’s top-performing luxury property markets through the last decade
Key trends revealed in long-term analysis of Knight Frank's Prime International Residential Index.
Super-prime developer lines up £225mn scheme in Notting Hill
Valouran continues to build pipeline of landmark projects, unveiling plans for a 'major play' on Westbourne Grove.
In Pictures: ‘One of Ireland’s finest contemporary country houses’ seeks €8mn
Agents instructed on 111-acre estate with spectacular centrepiece & 'unrivalled waterside appeal'.
Dexters reports another 23% revenue jump
Income from the estate agency's lettings business rocketed by nearly a third last year.
By PrimeResi
Scottish politicians float ‘mansion tax’ on £1mn+ homes
A reported amendment to the Scotland's new Housing Bill could mean a 'mansion tax on the biggest & most luxurious houses' as well as higher taxes on overseas buyers.
By PrimeResi
Renting & buying costs have ‘equalised’, claims estate agency
After surging upward for most of the last three years, the pace of rental growth has been running below wider consumer price inflation for the last five months.
By PrimeResi
West End office building set for boutique luxury resi conversion
Dukelease & BST England have teamed up to transform a handsome period block on Hallam Street into six high-end apartments.
UK proptech firm raises $5mn to ‘reimagine the home moving experience’
Homemove's latest funding round was led by Fuel Ventures.
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Former Savills Director launches indie buying agency
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Property agency sponsors Olympic swimming champion
Knight Frank says multi-gold medallist James Guy MBE will be an 'inspiring ambassador' for its brand.
In Pictures: Extraordinary private island in Essex asks £25mn
'Few can claim ownership of an island, and there is only one that is commutable to London', say agents marketing 380-acre retreat favoured by A-listers.
In Pictures: Boutique developer’s new walled villas create ‘a private oasis’ in Wimbledon
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