Banks limit lending on high-end homes
'Using an automated valuation and a bit of Google Street View is considered too legally risky for the more expensive properties', says one lender
Mortgage lending reaches a record high
Net mortgage borrowing reached an all-time high of £17.9 billion in June, according to the Bank of England - smashing the previous record, set in March 2021, of £11.5bn.
By PrimeResi
Opinions sought on new money-laundering rules for high-end letting agents
The EU's Fifth Money Laundering Directive is slated to come into play in January, requiring UK letting agents dealing in rents above €10k per month to carry out AML checks on their clients.
By PrimeResi
Mortgage borrowing falls from a record high, but approvals rise
The Bank of England reports that net mortgage borrowing fell from a record £11.5 billion in March to £3.3 billion in April.
By PrimeResi
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IWD2026: Prime resi industry leaders on the moments that changed everything
To mark International Women’s Day, senior figures from across the sector reflect on the decisions, risks & pivots that shaped their lives & careers - from ‘sliding doors’ moments to leaps of faith.
Agents appointed on £60mn St John’s Wood apartment scheme
Developer Residence One gears up to launch 29-unit project fronting London's iconic Abbey Road.
Top-performing PCL agents generated ‘as much as £5mn’ in fees last year, claims luxury brokerage
High-profile firm reports £1.63bn in sales and lifts lid on individual broker earnings following major recruitment drive.
Rupert des Forges: ‘London is becoming a dip-in, dip-out city for the super-rich’
'The capital might not be [UHNWI's] full-time base any more,' says Knight Frank veteran, 'but it is still an anchor for social & business life.'
By PrimeResi
London’s first Park Hyatt-branded residences set for launch this year
Sales team behind Twenty Grosvenor Square and The Whiteley gearing up to market 103 luxury apartments in Nine Elms.
Tom Bill: How the Middle East conflict could affect the UK housing market
Rising energy prices and shifting rate expectations could reshape mortgage costs and buyer sentiment, explains Knight Frank’s head of UK resi research.
By Tom Bill
Interview: Michael S. Liebowitz on Douglas Elliman’s global push – and what brokers need to know about today’s UHNW clients
The US brokerage chief on what American and European markets can learn from each other, choosing the right local partners and London’s role as a global hub.
Vabel picks sales agents for flagship Bayswater scheme
DDRE Global & Savills will launch apartments at Vabel Townhouse later this Spring.
By PrimeResi
Strutt & Parker recruits estates & farms head from Savills
Louise Harrison is now head of Strutt's London-based National Estates & Farm Agency team.
By PrimeResi
D&G adds new central London partner
Lettings specialist Sharlotte Cooper previously ranked among Hamptons’ top performers.
LATEST ARTICLES
Savills buys major real estate investment bank Eastdil
The deal is one of the biggest in Savills' history.
By PrimeResi
Savills reports ‘strong performance across the board’ despite declines for UK resi business
International property consultancy saw profits jump 11% last year.
By PrimeResi
Tom Bill: Middle East conflict clouds rate outlook and Budget plans
Energy price shocks are lifting swap rates, complicating the outlook for rate cuts and potentially squeezing the Chancellor’s headroom, explains Knight Frank's UK resi research boss.
By Tom Bill
Top brokers assess the Iran conflict’s effect on global prime property markets
Luxury property agents in London & Dubai report early shifts in buyer activity as geopolitical tensions escalate.
By PrimeResi
‘Who gets the bill?’ Opaque ownership poses challenge for government’s mansion tax plan
Report warns incoming levy could prove difficult to collect in prime markets where some legal owners are hard to trace.