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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Regent’s Park’s ‘White House’ reportedly set to resell at £190mn
The deal would represent a significant uplift in The Holme's value since 2024.
By PrimeResi
Plans submitted for significant 89-home refurb scheme in South Ken
Wellcome is looking to upgrade a portfolio of 34 townhouses on Evelyn Gardens, transforming former student accommodation into high spec homes.
By PrimeResi
In Pictures: Caudwell unveils €29m Riviera trophy home with Windsor links
Marquee residence at Le Provençal is the region's biggest new listing this spring, says developer.
Dexters buys another London estate agency
Fraser & Co operates four branches in London and an outpost in Hong Kong.
By PrimeResi
Forecasts Recast: Influential analysts downgrade prime property prospects as outlook darkens
Knight Frank, JLL, Savills and Strutt & Parker have all cut house price forecasts in the last few weeks. PrimeResi checks where the market stands as we head into H2.
By PrimeResi
KFH hires ex-Foxtons director for senior lettings role
Suzi Robertson was previously Foxtons' first female front office director.
Heavyweight property companies exit FTSE 100
Berkeley Group and Rightmove are both being relegated from the UK's index of corporate giants.
By PrimeResi
UAE developer puts down roots in Prime Central London
Dubai-based operator opens Knightsbridge office as Gulf property groups continue to make moves in the capital.
SW London estate agency appoints new sales & lettings heads
Arrival of a new Head of Sales and a new Head of Lettings 'mark an exciting new chapter for Lawsons & Daughters,' says boss Sanjay Joshi.
By PrimeResi
Estate agency named among UK’s fastest-growing firms
Self-employed firm The Agency UK was the only estate agency to feature in this year's Sunday Times 100 ranking of high-growth private businesses.
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