Bank of England raises interest rates for only the second time in a decade
The Monetary Policy Committee has voted unanimously to raise interest rates from 0.5% to 0.75%
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.
By PrimeResi
Fairway & Leconfield launch £200m Golden Postcode property investment fund
George Brooksbank's investment firm Fairway Capital and development outfit Leconfield are looking to spend £200m over the next 18 months on "value add" prime residential properties on garden squares in…
By PrimeResi
Chancellor confirms Stamp Duty holiday will start today, as threshold raised to £500k
From today until 31st March 2021, buyers will pay no Stamp Duty on the first £500k when they move home.
By PrimeResi
Companies in this article
UK Sotheby's International Realty Jackson-Stops Knight Frank Finance Fruition Properties eMoovMost read
Interview: New UK Sotheby’s International Realty MD Alex Isidro on what’s next for the luxury brokerage
PrimeResi quizzes the high-profile real estate agency's recently-appointed boss about bumper sales figures, brand-building, and why this business is 'all about people, not property'.
£22mn penthouse sold in £50mn deal spree at top-end Kensington scheme
Lodha confirms launch date for next sales phase at Holland Park Gate following another run of big-ticket transactions.
‘Landmark’ townhouse sale concluded in Chelsea
'Discerning buyers are focusing on best-in-class assets', says agency, confirming sale of near-£28mn trophy home as part of £100mn deal run.
Government proposes the ‘biggest shakeup to the homebuying system in this country’s history’
Consultations have opened into significant & wide-ranging reforms that promise to 'rewire a chaotic system which has become a barrier to homeownership.'
By PrimeResi
Country house guru Sweeting joins high-end valuation firm
Longstanding Knight Frank figure has taken up a consultant role at James Wyatt's Parthenia.
London Square gears up to launch sales at landmark heritage conversion project
Ambitious transformation of former Surrey County Council HQ is to deliver 264 new homes, with completion set for 2027.
Seven key themes in the global branded residences sector
From standalone towers to wellness-led living, these are the big trends shaping luxury branded residences worldwide.
Influential committee calls for ‘major reform of the whole property tax system’
'The case for major reform of the whole property tax system – from Stamp Duty Land Tax to Inheritance Tax to Council Tax and VAT – is almost unarguable,' says Sir Vince Cable.
By PrimeResi
Unseasonably slow September for London’s top-end property markets
Fresh analysis reveals the impact of pre-Budget jitters on the capital's high-value sales and lettings sectors.
Luxury developer Amara Property adds Sales & Acquisitions Director
Warren Leader has joined Rutu Buddhdev's team.
By PrimeResi
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Demand, supply, prices & buying activity all declined further in September, reports the RICS.
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