Main image: The Bank of England
Bank of England cuts interest rates to historic low of 0.1%
Emergency move marks the second rate cut in eight days
BoE cuts interest rates in response to ‘the economic shock from Covid-19’
The Bank of England has cut the base interest rate by 0.5%, taking it back down to a mere 0.25%, as part of a package of emergency measures to cope with the economic effects of the Coronavirus outbreak.
Mortgage arrears hit ‘an all-time historic low’
The number of both homeowner and buy-to-let mortgages in arrears has fallen compared to last year
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...
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In Pictures: ‘Extraordinary’ 60,000 sq ft ski chalet features F1 simulator & car museum
Byron Baciocchi's Unica Capital is building a 'record-breaking' leisure palace in Gstaad.
Belgravia sees super-prime deal surge as ‘new generation of global buyer’ moves in
International HNWIs have been honing in on the prestigious PCL district in 2024, reports Savills.
Building Businesses: 2024’s top prime estate agency mergers & acquisitions
Including changes at Chestertons, Christie's International Real Estate, Fine & Country, Foxtons, and a realm of boutique London firms - plus a big portal deal that did not happen.
Ranked: Britain’s most expensive streets in 2024
Lloyds Bank's annual rundown names Knightsbridge as the UK's priciest address, with last year's title-holder Grosvenor Square falling to third place.
Lost Interiors: Inside the great Georgian houses of London’s West End
'London was always in the forefront of taste, the place where new styles were pioneered'
Administrators appointed to luxury property developer
Surrey-based firm has been delivering high-end family homes in London & the Home Counties for over four decades.
Weekly Showcase: Ten featured prime resi listings
PrimeResi's regular stock check, powered by LonRes
Ranked: Europe’s top cities for residential real estate investors
London reclaims the top-spot from Paris in Patrizia's bi-annual index.
Native Land’s Nicholas Gray on why clarity will boost prime property in 2025
Stability, supply & sustainability will be the keys to success in London's high-end market next year, says development chief.
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Ranked: Britain’s most expensive streets in 2024
Lloyds Bank's annual rundown names Knightsbridge as the UK's priciest address, with last year's title-holder Grosvenor Square falling to third place.
Knight Frank predicts ‘a sober 2025 for global prime housing markets’
Dubai, New York, Geneva and Paris are likely to see top-end residential values rise next year, but other international wealth hubs could see prices fall.
Housing market ‘ends 2024 on a high’ as sales pipeline runs hot
'It remains a buyer’s market and signs of increased caution amongst home buyers will keep UK house price growth in check over 2025,' says Zoopla.
In Conversations: PrimeResi’s top interviews of 2024
16 profiles of property industry leaders who shaped the luxury residential sector this year.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest movements and commentary, featuring data and analysis from Lloyds Bank, LonRes, Foxtons, ONS, Zoopla, TwentyCi, Garrington, Savills & more...