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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In Pictures: £6.5mn price tag for Mayfair gem with interiors by Cartier maestro
Bruno Moinard-designed pad on South Audley Street is being pitched at 'bon viveurs, socialites and power players'
Savills bolsters Primrose Hill sales team
Former model agent Gabriella Palmano has made the move from Foxtons' West End sales department.
In Pictures: Previewing Six Senses’ first-ever standalone resi development
New Renderings: Collaboration with UAE developer is delivering the world's tallest resi tower & a 'new chapter in ultra-luxury living'
Watch: Abbey Clancy interviews real estate mogul Becky Fatemi
Sotheby’s International Realty Executive Partner Becky Fatemi reveals 'raw realities' of climbing to the top as a woman in business in candid podcast episode.
In Pictures: Brace of King’s Cross penthouses pitched at £7.6mn apiece
Marquee units launched at 67-acre estate's flagship resi heritage building, Gasholders London.
Revealed: The PCL neighbourhoods where more than 9 in 10 homes sell at a discount
Private bank Coutts tells its clients where to unearth the biggest price cuts in the capital's Golden Postcodes.
Green light for ‘landmark’ mixed-use South Bank scheme
Designs by Foster + Partners and Lipton Rogers for Hines promise to create 400 new homes on a long-vacant prime site on Blackfriars Road.
By PrimeResi
Trio of big-ticket sales tucked away in Little Venice
Flurry of deals go through on Blomfield Road, Park Place Villas & Randolph Road at a combined £32mn, as 'serene' enclave proves popular with wealthy househunters.
The Standard: The inside story of Highgate’s unsold £32mn mega-mansion
Lee Koffman, Trevor Abrahmsohn and Jo Eccles have spoken with The Standard about high-profile but sticky super-prime listing in North London.
By PrimeResi
Second home sales ‘dominating’ supply in Prime London, reports buying agency
'Significant price movement' is being achieved in certain situations, says Eccord.
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Sale agreed on Spink-designed super-home in Kensington
11,000 sq ft contemporary mansion was guided at £27.5mn and attracted competitive interest.
Ranked: Countries & cities by billionaire population in 2024
Huron's latest Rich List points to a decline in China's wealth, with New York and London emerging as the world's top billionaire cities.
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‘Sentiment has shifted’ as property developers feel more upbeat
Housebuilder confidence is building, but development land 'is not changing hands at a rapid pace yet.'
By PrimeResi
‘Buyers remain in the driving seat’ – Propertymark
'The gap between asking prices and market expectations has narrowed slightly but remains significant,' says estate agency trade body.
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