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
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Knight Frank begins redundancy consultation process
Agency says fewer than 3% of its UK workforce could be affected.
The Great Fragmentation: New data charts super-prime London’s shift from two-agency dominance to a field of fifty
Exclusive: Analysis of 70 £10mn-plus sales confirms a striking shift in how PCL's biggest deals are being brokered.
By PrimeResi
London Square buys 800-home Earl’s Court scheme
Aldar-owned developer completes another significant resi acquisition in SW London.
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Burnham’s rise revives the big property tax question
The former Manchester Mayor and Prime Ministerial hopeful has been a long-standing advocate of a Land Value Tax to replace Stamp Duty.
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First Look: Albion Nord completes £6.7mn show home at Bishops Avenue Gardens
Arts & Crafts meets luxury living in first apartment to be unveiled at new Billionaires' Row scheme.
Salboy launches fourth central London scheme
Studio Power has designed the ten-apartment scheme in Camden for Salboy & Forge Homes.
By PrimeResi
‘Bold buyers snap up deals’: Super-prime agent calls for ‘the end of caution’ in PCL
'Decisive buyers are dominating,' says Peter Wetherell, following a five-day five-deal run worth nearly £25mn.
By PrimeResi
Strutt & Parker recruits Knight Frank’s Glanville to lead prime cities push
BNP Paribas-backed agency steps up expansion across key regional markets.
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Part-complete luxury resi project near Buckingham Palace offered for £35mn
Rare PCL development play 'ready for immediate start on site'.
Mapped: Which parts of London face the greatest subsidence risk?
Latest British Geological Survey projections pinpoints central and northern boroughs as future hotspots, with potential implications for key housing markets.
Referrals lead the way for prime buyer enquiries, survey finds
Industry relationships are becoming increasingly important as activity goes 'off-portal', says AgentWise.
Renters’ Rights Act yet to shift London market, says Foxtons
May was the first full month with the Renters' Rights Act in force 'and the most remarkable thing is how little changed,' says estate agency.
By PrimeResi
Moveli adds Bristol new homes specialist
Tori Le Masurier spent the last five years with Knight Frank.
By PrimeResi