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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Interview: Knight Frank’s resi chief Tim Hyatt on navigating a ‘complicated’ market & how the business is planning for the future
'I don't think I can ever remember being in such a confused, complicated, exciting market': PrimeResi discusses digital modernisation, industry fragmentation & market predictions with the high-profile…
New recruit brings ‘fresh perspective’ to super-prime agency in Mayfair
Talya Reuben has joined Harvey Cyzer's team at OB Private.
Rare resale for super-prime Chelsea Barracks home
Knight Frank’s Belgravia office is celebrating a big deal that closed after just one viewing.
By PrimeResi
Knight Frank claims dominance in London’s prime & super-prime markets
High-profile agency updates on sales figures, market share & projections for 2025.
Qatari Diar & Canary Wharf Group unveil final Southbank Place apartments
First Look: JV partners enter home straight at Thames-side mega-scheme, debuting new building designed by Stanton Williams & Albion Nord.
London records worst month for £5mn-plus sales since 2008
The top end of the market took an extended Christmas break in January, reports LonRes, and is 'unlikely to return to the highs of 2021 and 2022 any time soon'.
Knight Frank: Five reasons developers should bet on London’s land market
Resi development boss Nick Alderman makes the case for building in the capital, amid market resilience & 'unique opportunities' in the residential space.
Boutique PCL agency bolsters team
Park Lord's new recruit has been specialising in the high-end markets of St John’s Wood, Little Venice, Marylebone for the last 35 years.
‘A new breed of super-prime tenant’: Top agencies report shifting trends in London’s luxury rental market
Savills has welcomed the arrival of 'a new breed of super-prime tenant' in the capital, while UK SIR flags a rise in high-value 'try before you buy' rentals.
By PrimeResi
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Veteran London agent laments ‘ritual slaughter of agents’ coffers by the digital portals’
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